Phil LeBeau, CNBC's automobile expert, filed from the White House for NBC because General Motors' bosses had traveled to the Beltway to make their case for a car loan…"at least $9bn more, perhaps as much as $16bn more, and many believe there will be more after that." The plea for cash came as GM announced its total losses for 2008. CBS' Anthony Mason had fun with long division in explaining the $31bn shortfall. That is $85m each day. Or $3,700 lost for each vehicle sold. "GM is burning through $2bn in cash every month." On the bright side, Mason recommended a test drive of a Buick Enclave or a Cadillac CTS or maybe the Chevrolet Malibu.
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