manu1959
Left Coast Isolationist
so this is going well.....good thing we gave them 15 billion....
My Way News - GM posts $6 billion loss for first quarter
DETROIT (AP) - General Motors Corp. says it lost $6 billion in the first quarter and spent $10.2 billion more cash than it took in, as a sales slump cut revenue by $20 billion.
The nation's biggest domestic automaker lost $9.78 per share, compared with a loss of $3.3 billion, or $5.80 per share, in the year-ago period.
GM has received $15.4 billion in federal loans and faces a June 1 government deadline to finish a restructuring plan or go into bankruptcy protection.
My Way News - GM posts $6 billion loss for first quarter
DETROIT (AP) - General Motors Corp. says it lost $6 billion in the first quarter and spent $10.2 billion more cash than it took in, as a sales slump cut revenue by $20 billion.
The nation's biggest domestic automaker lost $9.78 per share, compared with a loss of $3.3 billion, or $5.80 per share, in the year-ago period.
GM has received $15.4 billion in federal loans and faces a June 1 government deadline to finish a restructuring plan or go into bankruptcy protection.
