It's worse than what the people from Wall Street expected. GM actually lost $4.2 billion last third quarter. Without government or any other kind of intervention, the company may end up getting bankrupt.
Dropping customer sales amid a credit crunch is pointed as the reason for the large loss. This might put the possible Chrysler acquisition at the backseat.
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20081107-225620-GM-loses-42-B-in-third-quarter
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