General Motors Co. reported preliminary non-GAAP managerial results for its first 83 days of operation, providing an initial look at its financial performance since it began operations as a new company on July 10, 2009. Managerial net loss for July 10-Sept. 30,2009 period was $1.2 billion.
GM posted revenue of $28.0 billion in the third quarter of 2009, which was up approximately $4.9 billion compared to the revenue recognized by General Motors Corporation or "Old GM," in the second quarter of 2009.
GM said that it plans to repay the United States, Canadian and Ontario government loans in quarterly installments from escrowed funds, beginning next month with an initial $1.2 billion payment to be made in December ($1.0 billion to the UST and $192 million to the EDC), followed by quarterly payments.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.