Goldman Sachs increases stake in GM

Goldman Sachs increases stake in GM

General Motors Corp . investor Goldman Sachs Group Inc. increased its stake in the automaker by 21.5 million shares, becoming the sixth-largest shareholder, at 5.2 percent, according to a U.S. regulatory filing Monday. The securities firm now holds 29.5 million GM shares, up from 7.9 million, or 1.4 percent, as of Sept. 30. Ford Motor Co . investor Capital Research & Management Co. increased its holdings of Ford common shares to 84.8 million, or 4.5 percent, from 56.2 million, or 3.1 percent, as of Sept. 30, making it the No. 3 stockholder in Dearborn-based Ford, according to data compiled by Bloomberg.