GM Offers Stark Warning

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General Motors Corp. is offering an even starker picture of its numerous financial perils as it tries to restore investor confidence, quit steep legacy expenses and lower borrowing costs for a finance unit it’s no longer sure it can sell.


In an annual regulatory report Tuesday, GM restated financial results from 2000 through 2004 because of a litany of accounting errors. GM had said March 16 that it was delaying filing its annual report because of an internal investigation into those errors.


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