banner The latest auto news, reviews, prices, product and vehicle releases. Auto News 5

Stay connected Subscribe to our RSS feed

Do not miss the latest Auto News !

May
7th

GM posts $6 billion loss on shrinking sales, fear of bankruptcy

Stay connected Subscribe to our RSS feed
General Motors, facing a June 1 U.S. restructuring deadline to avoid bankruptcy, posted its seventh straight quarterly loss in the first quarter as its global auto sales fell 28 percent. The company said it burned through $10. Full story...
Hosted by CifTech Hosting.