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U.S. auto adviser hopes GM to go public this year

WASHINGTON, July 29 (Reuters) - A top auto adviser to the Obama administration said on Thursday that the government hopes General Motors will be able to make an initial public offering this year.

"We are hopeful that GM will be able to go public this year. We continue to be hopeful in that regard," Ron Bloom, senior advisor to the Treasury Secretary, said at a White House news briefing.