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As sought after by investors, General Motors raised the issue price cap back on the securities market. SAIC shares of General Motors executives said that GM in the bankruptcy reorganization has been substantially reduced the historical burden of fixed costs, with the rebound in U.S. auto sales expected profits of the major [link widoczny dla zalogowanych] car firms will rise, now is the value of [link widoczny dla zalogowanych] the U.S. car companies underestimate the period.

General Motors offering price gone up

Crisis in late 2008 bankruptcy of General Motors, has been abandoned as junk stocks. Two years later, after [link widoczny dla zalogowanych] the reorganization of General Motors has become the meat and potatoes. Determine the shares of SAIC GM executives said that as sought after by investors, GM s financing of the size, issue price was higher than previously expected.

Yesterday, General Motors said the public offering 478 million shares of common stock, 8,700 shares authorized convertible subordinated preferred shares, the stock value [link widoczny dla zalogowanych] of $ 4,350,000,000, if the underwriters fully exercise the over allotment option, the total financing of approximately $ 23,100,000,000. In addition, the issue price of General Motors from 26 29 U.S. dollars per share increased to 33 U.S. dollars per share, or up to 13.8 to 27 percent.

Still, Wall Street and the investment community after the listing is still optimistic about the performance of General Motors. Malchow Chrysler CEO says investors enthusiasm for GM s IPO subscription is very [link widoczny dla zalogowanych] high. Invited shares SAIC GM executives said, because GM has been operating out of low, 33 dollars, its price earnings ratio of about 8 times lower than Ford Motor (12 times). Expected to increase after the opening share price still has.

Investors are expecting GM to raise the dead from the two points. First, China and other emerging markets in the performance and future development of electric vehicles. In 2009, General Motors, car sales in China reached 1,826,400, an increase of 63.9 ; in the U.S. slightly higher than the 2.08 million sales, down 30 . In addition, the electric car [link widoczny dla zalogowanych] is recognized as the future direction of the automotive industry, and GM mass production this year.

Second, General Motors led the U.S. car firms have become the beneficiaries of bankruptcy. SAIC executives made it clear that bankruptcy reorganization that General Motors, Chrysler, throw off the burden of years, at a fixed cost and Japanese rivals on the same starting line.

Now is the history of the U.S. auto industry downturn, sales volume of approximately 11 million years. If the economy back to normal, usually in U.S. auto sales of 17 million years or so. An internal report shows the first three quarters of this year, General Motors North American profit of [link widoczny dla zalogowanych] more than 4.0 billion. Once back to 17 million North American sales, its profits in North America will reach $ 8,000,000,000 above.

In the midst of cheering, General [link widoczny dla zalogowanych] Motors head still cloudy. GM North America, Asia, Latin America, the occasion of profitability, its losses in Europe is still the hardest hit. GM is currently negotiating and the German government to reduce its Opel subsidiary, the fixed expenses, cast it in North America followed the steps. If not possible, then the GM s European operations will continue to drag on performance.

Chrysler taking over IPO

General Motors sought after IPO, the investment community began to search for the next target. After the release of information to understand GM, Chrysler CEO, Malchow said Chrysler will [link widoczny dla zalogowanych] plan IPO.2009 the second half of 2011, the U.S. auto giants Chrysler and General Motors bankruptcy as the fate of the final shot Fiat acquired Chrysler, and to develop a series of restructuring plans.

Chrysler and GM IPO highlights some similar, such as the Chrysler business in China is entering nirvana. At the recent introduction of the new Grand Cherokee Chinese market, Chrysler (China) Motors Ltd., said Zheng Jie, president and general manager, even though Chrysler has not set up a joint venture [link widoczny dla zalogowanych] in China, but after years of efforts, have been profitable. [link widoczny dla zalogowanych] SUV with a small minority [link widoczny dla zalogowanych] of the profits in China, which is rare in multinational car firms.

Chrysler is quickly picked up North American operations. Affected by the financial crisis, the largest SUV, is now rebounded significantly. The Grand Cherokee, for example, by the end of June this year in North America, 10 single month sales reached more than 12,700 units, accounting for almost half of total sales Jeep month. In this regard, Chrysler said the financial crisis, the company invested heavily to reduce fuel consumption, and SUV models to improve power performance.
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