Billed as “one of the most difficult years” in General Motors Corp. history by CEO Rick Wagoner, the auto maker reports losses of $8.6 billion, or $15.13 per share, for 2005. Excluding special items, GM finished the year $3.4 billion, or $5.99 per share, in the red, on revenue totaling $192.6 billion, down from $193.5 billion in 2004. The fourth quarter proved no help, as GM lost $4.8 billion ($8.45 per share) in the year’s final three months, compared with losses of $99 million ($0.18) ...
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