Wednesday, February 18, 2009

GM needs up to $30 billion more

General Motors Corp (NYSE:GM - News) said on Tuesday it could need a total of up to $30 billion in U.S. government aid -- more than doubling its original aid -- and would run out of cash as soon as March without new federal funding.

The request for additional aid from the top U.S. automaker came in a restructuring plan GM submitted to U.S. officials on Tuesday...

Read more GM needs $30 bil more

Source: yahoo! finance

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