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For GM, It’s North America – Or Bust

by Auto Observer on November 17, 2009

The good news after General Motors Co.'s report on its financial health was released Monday: the “new” General isn't dying. But the patient's long-term prognosis, admitted CEO Fritz Henderson, isn't exactly a clean bill of health just yet. “When you come away from it, we lost money (in the period from July 10 to Sept. 30)” said Henderson, calling the situation “not satisfactory.” And while GM's operating cash flow figure for the period was a healthy-enough $3.3 billion, one

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