The Obama administration had been pushing for the GM initial public offering (IPO) to be completed before the mid-term congressional elections, as a way of proving to American voters that the government bailout of the U.S. auto industry had been a good move. 

But now, GM has decided to delay its roadshow until after the midterm congressional elections.  This delay is more than likely due to the weak interest in the company from investors and the financial community, and the Obama administration not wanting the IPO to fail prior to the midterm elections.

GM's roadshow is now set to begin on November 3^rd and will last two weeks.  The IPO is now expected to price on November 17^th and start starting on November 18^th.