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The U.S. Treasury Department boosted its estimate of government losses in the $85 billion auto bailout by $170 million.
In the government's latest report to Congress this month, the Treasury upped its estimate to $23.77 billion, up from $23.6 billion.
Last fall, the government dramatically boosted its forecast of losses on the rescues of General Motors Co., Chrysler Group LLC and their finance units from $14 billion to $23.6 billion.
Much of the increase in losses is due to the sharp decline of GM's stock price over the last six months.
GM was trading at noon today at $24.24. It's down 35 percent over its 52-week-high of $37.23, but the Detroit automaker has rebounded from a low set last year of $19.05.
