General Motors'
ORG
General Motors'
Just as investors may have been recovering from General Motors' $8.6 billion loss last year, the company stepped up to say the loss was actually $10.6 billion. It said the added losses more accurately reflected the costs of scaling back its North American operations and of helping its former parts subsidiary, Delphi, restructure while in bankruptcy protection. G.M. said it would also restate five years of results and delay filing its annual report with the Securities and Exchange Commission while it looks into accounting irregularities at its residential mortgage unit.