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GM may burn $13.9 billion cash by end of 2010: BofA (Reuters)

Started by riky, June 24, 2008, 05:42:32 PM

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riky

GM may burn $13.9 billion cash by end of 2010: BofA
    (Reuters)

 


Reuters - General Motors Corp is expected
to burn $13.9 billion in cash over the next 2-1/2 years amid a
sharp drop in truck sales and may be forced to raise additional
capital, Bank of America said in a report.


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