Tag Links: General Motors, 2009

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DETROIT (Reuters) - General Motors Corp (NYSE:GM) said it burned through $10.2 billion in the first quarter, operating under a federal bailout, as auto sales fell across the globe and it scrambled to cut costs.

The automaker on Thursday posted a quarterly net loss of $6 billion, compared with a loss of $3.3 billion a year earlier.

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GM Posts $6 Billion Quarterly Loss

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