Bleeding continues at General Motors (Dealscape

General Motors Corp. said Thursday it lost $9.6 billion and bled through $6.2 billion in cash during the final three months of 2008 as weak sales offset an infusion of billions of dollars in government assistance.

For the year including charges, the company lost $30.9 billion -- or $85 million per day -- on sales of $149 billion. GM lost $43.3 billion, including charges, on $180 billion in revenue a year earlier.

This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools.

To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button.

Dig deeper, with Pipeline.

2,095 articles related to General Motors Corp.
221 in-depth reports of Bankruptcies in the Automotive sector
153 Automotive-related company pages
66 articles related to Rick Wagoner
10 years of news and analysis archives from the voice of The Deal Economy

Most searched keywords

Deutsche Bank
Birds Eye
Cadbury AG
Agrium Inc.
Skadden Arps
Revolution Money
Tandberg ASA
Aisling Capital
Ken Lewis
Natco

Forward-looking intelligence allows you time to act. View this video on our restructuring content to see how you can benefit from our expertise.
NOT A SUBSCRIBER? Bleeding continues at General Motors Posted on February 26, 2009 1:32 PM General Motors Corp. said Thursday it lost $9.6 billion and bled through $6.2 billion in cash during the final three months of 2008 as weak sales offset an infusion of billions of dollars in government assistance. For the year including charges, the company lost $30.9 billion -- or $85 million per day -- on sales of $149 billion. GM lost $43.3 billion, including charges, on $180 billion in revenue a year earlier. This is a free preview of the content available in The Deal Pipeline. Subscribers enjoy access to the full story, as well as second-to-none research tools. To request a demo, or, if you are an existing user to The Deal Pipeline, log in to your account, please scroll down and click the button. Dig deeper, with Pipeline. 2,095 articles related to General Motors Corp. 221 in-depth reports of Bankruptcies in the Automotive sector 153 Automotive-related company pages 66 articles related to Rick Wagoner 10 years of news and analysis archives from the voice of The Deal Economy Most searched keywords Deutsche Bank Birds Eye Cadbury AG Agrium Inc. Skadden Arps Revolution Money Tandberg ASA Aisling Capital Ken Lewis Natco		EXISTING USERS Username Password Forget your password? Missing a product?

Sales Contact Michael Crosby mcrosby@thedeal.com 212.313.9325	Media Contact Martha Brown mbrown@thedeal.com 212.313.9218
Signing in signifies that you agree to our terms and conditions. View our privacy policy.