General Motors logo. General Motors Corporation (GM) has posted its first annual loss since 1992. GM reported losing US$4.8 billion in the fourth quarter of 2005 and a total loss of $8.6 billion for the entire year. The loss was far greater than analysts predicted. Ford , the second of the big three American car manufacturers, beat predictions earlier in the week. In contrast, Toyota is expected to report that it will beat last year's profit of $11 billion. GM's automotive division lost $1.5 billion in the fourth quarter, driven by losses in North America. This has been attributed to GM's shrinking market share, which has been taken by Japanese manufacturers Toyota and Nissan . An aide for Kirk Kerkorian, GMs largest individual investor (at 9.9\%), has called on the company to halve its $1.1 billion annual dividend, cut executive pay and sell Saab .
General Motors logo. (GM) has posted its first annual loss since 1992. GM reported losing US$4.8 billion in the fourth quarter of 2005 and a total loss of $8.6 billion for the entire year. The loss was far greater than analysts predicted. , the second of the big three American car manufacturers, beat predictions earlier in the week. In contrast, is expected to report that it will beat last year's profit of $11 billion. GM's automotive division lost $1.5 billion in the fourth quarter, driven by losses in North America. This has been attributed to GM's shrinking market share, which has been taken by Japanese manufacturers and . An aide for Kirk Kerkorian, GMs largest individual investor (at 9.9\%), has called on the company to halve its $1.1 billion annual dividend, cut executive pay and sell .
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General Motors Corporation
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Ford
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Toyota
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Toyota and Nissan
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Saab