GM Auditors Doubtful About Automaker's Financial Future

Auditors for General Motors have raised quote "substantial doubt" about the automakers ability to continue operations.

The disclosure was made in the company's annual report, filed this week. GM says its auditors cited recurring losses from operations, stockholder deficit and the inability to generate enough cash as reasons for their concerns.

General Motors executives are seeking a $30-billion dollar loan from the US government.

Copyright AP - Associated Press
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