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DETROIT (AP) - General Motors Corp. revised its loss for 2005 to $10.6 billion — $2 billion more than it reported in January — citing higher costs it anticipates for its broad restructuring and the bankruptcy reorganization of Delphi Corp.
GM also said late Thursday it will recognize a previously reported goodwill impairment charge of $439 million at its finance arm, General Motors Acceptance Corp.
GM, the world's largest auto maker, said it expects to increase the charge for its exposure relating to Delphi's Chapter 11 filing to $3.6 billion from the previous estimate of $2.3 billion.
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