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Worst Loss in 13 Years… GM Investors are Alarmed

Posted April. 20, 2005 23:29,   


On April 19 (local time), General Motors, the world’s biggest auto manufacturer, announced that it lost $1.1 billion in the first quarter (Jan~Mar) of this year. The New York Stock Exchange dealers are checking GM’s stock price. The first quarter loss for GM is the greatest in 13 years since 1992.