Tag Archives: quarter
GM loses $6-billion during the first quarter of 2009
Posted on 07. May, 2009 by Zane Merva.
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General Motors released 2009 quarter one financial results this morning and despite being better than analysts expected- the downward slide continues. The company is reporting a quarterly loss of $6-billion amid sliding market share and a revenue stream that is only running at a trickle.
