Timeline: GM: The year from bankruptcy to IPO

NEW YORK (BestGrowthStock) – General Motors Co is expected to file a registration for an initial public offering of stock with U.S. securities regulators in the coming days, just over a year after the top U.S. automaker emerged from bankruptcy.

Key events since GM’s bankruptcy filing follow.

* June 2009 – General Motors files for a bankruptcy supported by U.S. government funding.

* July 2009 – GM emerges from bankruptcy with four core brands and majority owned by the U.S. government.

* September 2009 – GM agrees to sell a 55 percent stake in its European Opel unit to a group led by Magna.

* November 2009 – GM reverses course and decides to keep and restructure its Opel unit in Europe.

* February 2010 – Spyker cars shareholders approve deal to acquire Saab from GM.

* April 21 – CEO Ed Whitacre says IPO is “real possibility” by the end of 2010.

* May 17 – GM says it has a “good chance” to report its first full-year profit since 2004.

* June 16 – GM says it will restructure Opel unit without European aid after government talks bogged down.

* July 22 – GM announces $3.5 billion deal for AmeriCredit Corp. Deal seen as building block toward IPO.

* August 5 – Whitacre says GM readying IPO documents.

* August 12 – Whitacre says he will step down as CEO and chairman. Board member Dan Akerson, 61, is named to succeed Whitacre.

Timeline: GM: The year from bankruptcy to IPO