UPDATE 1-GM hit with subpoenas by U.S. regulators

Newswire

(Adds background, details; previous NEW YORK) DETROIT, Oct 26 (Reuters) - General Motors Corp. said on Wednesday it has been subpoenaed by the U.S. Securities and Exchange Commission as part of a probe into accounting practices and other matters, dealing the latest blow to the automaker. GM said the subpoenas relate to its financial reporting for pension and other post-employment benefits, and transactions between the company and auto parts supplier Delphi Corp. . They also relate to ...

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