Friday, August 1, 2008

Huge Losses At GM

Maybe A Good Reason For Harper To Have An Election Now Before GM Fails???

GM posts $15.5 billion loss, as sales sputter

DETROIT (Reuters) - General Motors Corp posted a $15.5 billion quarterly loss on Friday, as North American sales dropped by 20 percent and plunging prices for SUVs prompted deep charges for its auto finance business.

See story here:

http://ca.news.yahoo.com/s/reuters/080801/business/business_gm_col

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