GM Reports $286 Million 2nd-Qtr Loss as Costs
Blunt Sales Gain
*GM STILL IN TALKS WITH LABOR UNIONS ON HEALTH-
CARE SITUATION
*GM SAYS HEALTH COSTS ARE EXTREME BURDEN ON
ABILITY TO COMPETE
*GM WITHDREW $1B FROM VEBA TRUST TO PAY FOR
RETIREE HEALTH CARE
*GM NORTH AMERICA 2Q LOSS
$1.2B :GM US
*GM 2Q LOSS EX-ITEMS 56C-SHR; THOMSON ESTIMATE
PROFIT 3C
*GM 2Q THOMSON FINANCIAL REVENUE EST.
$38.91B :GM US
*GM SAYS NORTH AMERICA'S PERFORMANCE STILL `VERY
DISAPPOINTING'
*GM 2Q TOTAL AUTO & OTHER REVENUE
$40.18B :GM US
*GM NORTH AMERICA POSTS LOSS, ALL OTHER OPER UNITS
PROFITABLE
*GM 2Q LOSS PER SHARE 56C EX
ITEMS :GM US
*GM ADJUSTED LOSS $0.56-SHR, REPORTED LOSS $0.51-
SHR :GM US