GM Loses More than $1 Billion in First Quarter General Motors reports losses of more than $1 billion in the first quarter of 2005. The automaker says it has a plan for getting back on track, which includes cutting costs on employee health care and raw materials. But analysts say a turnaround won't be easy. Jerome Vaughn of member station WDET reports.
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GM Loses More than $1 Billion in First Quarter

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GM Loses More than $1 Billion in First Quarter

GM Loses More than $1 Billion in First Quarter

GM Loses More than $1 Billion in First Quarter

  • Download
  • <iframe src="https://www.npr.org/player/embed/4607801/4607802" width="100%" height="290" frameborder="0" scrolling="no" title="NPR embedded audio player">

General Motors reports losses of more than $1 billion in the first quarter of 2005. The automaker says it has a plan for getting back on track, which includes cutting costs on employee health care and raw materials. But analysts say a turnaround won't be easy. Jerome Vaughn of member station WDET reports.