GM Targets Programs, Production, Payroll Following $2.5B Q3 Loss

General Motors Corp. will delay some vehicle programs in North America and Europe, cut production and further trim its salaried workforce, in an effort to conserve cash amid the record downturn in auto sales that is costing the auto maker billions of dollars.

GM reports a third-quarter loss today of $2.54 billion, unadjusted for special items, compared with a loss of $38.96 billion in ...