Wednesday, November 12, 2008

GM lost $2.5 billion in latest quarter

 

Nov. 7: CNBC's Phil Lebeau reports on GM's earnings report, in which the automaker said it burned through $6.9 billion in cash during the latest quarter. (CNBC)General Motors Corp. says it lost $2.5 billion in the third quarter and warned that it could run out of cash in 2009.

Posted by W~E~L~C~O~M~E ^^ at 10:10 PM
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