Thursday, May 1, 2008
GM Loses $3.25 billion in first quarter.
With it's struggles in the North American auto market and troubles in the credit crisis through it's financial arm GMAC Financial, GM reported a first quarter net loss of $3.25 billion.
It is said that the latest numbers reveal problems that proved to be more serious than previously thought. Yeah ! Like , people don't want to drive GM made cars.
It is said that the latest numbers reveal problems that proved to be more serious than previously thought. Yeah ! Like , people don't want to drive GM made cars.
Labels: corporates
Subscribe to Posts [Atom]