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.