Good News! GM only lost $323 million in 1st Quarter
Loss is down from $1.3 billion this time last year. Revenue was up 14% due to international operations. The1st quarter's figure includes a $1 billion charge against earnings for the deal to reduce retiree health insurance benefits. Also included in this period was a $.3 billion gain on the sale of Suzuki stake.
GM posts $323 million loss - 04/20/06 - The Detroit News
Thursday, April 20, 2006
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