No surprises as GM reports deep loss

Melly Alazraki
Updated

General Motors Corp. (GM) reported fourth quarter financial results Thursday morning. As many feared, the losses were deep. The nation's largest automaker lost $9.6 billion in the fourth quarter and a staggering $30.9 billion loss for the full year.

The per share loss was $9.65 excluding items -- far higher than analyst estimates of $7.40 per share according to Thomson Reuters.

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