BusinessCompany NewsGeneral Motors asks for more time on annual report

General Motors asks for more time on annual report

Car company requests fortnight's extension on its Q4 number and annual report

General Motors has sought an extension to a deadline for its financial
reports.

GM
says
it needs until March 16 to file its annual report and fourth quarter
earnings numbers, missing today’s filing deadline by two weeks.

Filings
said meeting today’s deadline would have required ‘unreasonable effort or
expense’.

GM has already had to re-state six years of results and was investigated in
2006 for its accounting practices,
the BBC has
reported.

Further reading:

Accounting errors embarrass
GM CFO

GM delays fourth quarter
results

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