RENEE MONTAGNE, Host: NPR's business news starts with more losses for General Motors.</s>RENEE MONTAGNE, Host: General Motors says it lost more than $15 billion in the most recent quarter. That's a much bigger loss than many analysts and investors were expecting. Now GM's stock price is down sharply after the news.</s>RENEE MONTAGNE, Host: In an announcement this morning, GM said North American sales dropped 20 percent. Sales of GM's military-style Hummer vehicle have also plunged. The company is reportedly talking to an Indian truck and tractor company about the possible sale of the Hummer brand, and it may consider a deal with companies in Russia or China, where Hummers still have cache.
General Motors says it lost more than $15 billion in the most recent quarter, much more than many analysts and investors were expecting. North American sales dropped 20 percent. Sales of its military-style Hummer have also plunged, and GM is considering deals with overseas companies.