GM Loses $38.7 Billion In 2007 - Offering Buyout To 74,000 UAW Workers.
Breaking news at FoxNews.com DETROIT — General Motors Corp. reported one of the largest losses ever for an automotive company Tuesday as it struggled to turn around its North American business amid a weak economy. GM said it lost $38.7 billion in 2007. The loss largely was due to a third-quarter charge related to unused tax [...]