GM Posts $15.5 Billion Loss; More Job Cuts Possible - Tidingo.com

GM Posts $15.5 Billion Loss; More Job Cuts Possible

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General Motors Corp. on Friday reported a $15.5 billion loss for the second quarter of 2008, due in part to a labor strike at one of its suppliers and plummeting sales of trucks and SUVs. The report came as a GM official said the auto giant might offer another round of buyouts and early retirement to its U.S. hourly workers.

GM Posts $15.5 Billion Loss; More Job Cuts Possible - témata

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