Page last updated at 13:58 GMT, Thursday, 7 May 2009 14:58 UK

More financial woe for GM

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General Motors says it lost $6bn in the first quarter. This comes as America's biggest domestic carmaker races to complete restructuring plans. It has until June 1st to complete those plans or go into bankruptcy protection.

The company has received $15.4bn dollars in federal loans.

Michelle Fleury reports.

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