On Air Now

Upcoming Shows

Program Schedule »

Tune in to Listen

1590 AM Coldwater, Michigan 95.5 FM Coldwater, Michigan


Current Conditions(Coldwater,MI 49036)

More Weather »
50° Feels Like: 50°
Wind: WSW 0 mph Past 24 hrs - Precip: 0”
Current Radar for Zip


Clear 44°


Sunny 72°

Wed Night

Clear 50°


  • 0 Severe Weather Alerts
  • 0 Cancellations

U.S. Treasury speeds sales of General Motors stock

WASHINGTON, DC (WKZO) -- The U.S. Treasury department is reportedly accelerating its sell-off of stock in General Motors.

According to documents filed on Tuesday, the government has 101-million remaining shares of GM stock, which it intends to sell by March.  The taxpayers’ ownership stake in the Detroit automaker, which was once more than 60-percent, is now down to 7.3-percent.

The government’s sell-off has picked up as of late.  After selling an average of 19-million shares in the early part of the year, the government has sold more than 25-million shares since May.