DETROIT, April 7 (UPI) -- U.S. auto giant General Motors Co. said Wednesday it lost $4.3 billion July to January, but it would be profitable by the end of 2010.
In a financial report covering the six months after the company emerged from bankruptcy in July, GM said much of the loss was due to a one-time charge -- a payment to the United Auto Workers healthcare program -- and that it had revenues of $57.5 billion.