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GM posts $3.25 billion loss in 1Q
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04-30-2008, 09:10 AM
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GM posts $3.25 billion loss in 1Q
General Motors said today it posted a net loss of $3.25 billion during the first quarter -- the bulk of the red ink coming from one-time charges for its troubled GMAC investment and for continuing problems at supplier Delphi Corp.
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