General Motors logo. General Motors Corporation (GM) has posted its first annual loss since 1992. GM reported losing US $4.8 billion in the fourth quarter of 2005 and a total loss of US$ 8.6 billion for the enitre year. An aide for Kirk Kerkorian, GMs largest individual investor (at 9.9\%), has called on the company to halve its $ US1.1 billion annual dividend, cut executive pay and sell Saab.
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. 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.
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$4.8 billion in the fourth quarter of 2005 and a total loss of US$
$4.8 billion in the fourth quarter of 2005 and a total loss of $
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