Thursday, January 26, 2006

GM loses $4.8 billion in the fourth quarter - 01/26/06 - The Detroit News

GM's 4th Quarter #s are in:
4th Quarter Loss $4.8 Billion
Annual Loss $8.6 Billion


The numbers reported include large set-asides for pension obligations arising out of the Delphi bankruptcy and for closing plants. It's not clear if anybody knows how much additional money will need to be set aside for these same purposes.

GM loses $4.8 billion in the fourth quarter - 01/26/06 - The Detroit News

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