UPDATE 2-GM net loss $4.8 billion, must worse than expected

Newswire

(Adds details, analyst and executive quotes) DETROIT, Jan 26 (Reuters) - General Motors Corp. posted a fourth-quarter net loss of $4.8 billion on Thursday, much worse than Wall Street had expected, amid high costs, shrinking market share and sluggish sales of sport utility vehicles. It was the fifth straight quarterly loss for the world's largest automaker and brought its losses for all of 2005 to $8.6 billion. "The numbers are much worse than I thought they would be, especially given ...

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