In its monthly report to Congress, the Treasury Department stated that it expects to lose $25.1 billion on its $85 billion bailout of the auto sector. That's up from the Treasury Department's previous $21.7 billion estimate.
The government still holds 500 million shares of GM and would need stock prices to hit $53 per share to recover its entire $49.5 billion bailout.
The Treasury lost $1.3 billion in its $12.5 billion bailout of Chrysler.
So far there is no official timeframe for the government's exit of GM ownership, but Presidential hopeful Mitt Romney has stated that he would immediately sell the Treasury's 500 million shares if elected to the White House.
