GM to release post-bankruptcy financial report

• Source: Global Times
• [10:56 November 12 2009]
• Comments

General Motors Co. will release its third-quarter results at 7 am November 16, giving the public its first financial report since it emerged from bankruptcy in July although the automaker is not a public company.

GM's President and CEO Fritz Henderson will host a news conference from 8-9 am at the Renaissance Center in Detroit.

After GM emerged from bankruptcy court July 10 with about $50 billion in federal aid, the independent Congressional Oversight Panel said in September the automaker should start filing the same quarterly financial reports that public companies are required to file with the US Securities and Exchange Commission.

Agencies and Shi Jierui contributed to this story