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G.M. Loses $9.6 Billion as Its Struggles Continue
By NICK BUNKLEY
Published: February 26, 2009
DETROIT — The automaker General Motors said Thursday that its cash reserves were down to $14 billion at the end of 2008, a year when the industry’s worst sales slump in decades nearly forced the company into bankruptcy before the federal government gave it a lifeline. More


How is that no new mileage regulations working out for you, GM?

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