General Motors on Monday reported a further loss in its first quarter since leaving bankruptcy, but said it would begin repaying its bail-out loans to the US and Canadian governments next month. The US government-controlled carmaker reported a $1.15bn after-tax loss for the 83 days from then to end-September, in the first snapshot of its finances since emerging from Chapter 11 protection in July.

This entry was posted by Gwen Robinson on Tuesday, November 17th, 2009 at 4:39 and is filed under Capital markets. Tagged with gm. Edit this entry.