Detroit - Troubled US car giant General Motors (GM) reported a massive second-quarter loss Friday on the back of weak demand in the US car market.

GM lost 15.5 billion dollars, the company said Friday from its headquarters in Detroit. The loss was worse than had been anticipated.

In the same period last year the company made a profit of 891 million dollars.

Revenue in the second quarter was 38.2 billion dollars, a decline of 18 per cent.

In the hope to cut costs, automobile major Chrysler LLC plans to pep up its finances by making partnerships with Tata Motors.

The source close to the company say, “Chrysler LLC is scrambling to slash costs and line up partnerships with foreign auto makers to shore up its finances amid a painful downturn in sales and a deteriorating outlook for the company.”

The reports are also that Chrysler had discussions with Tata Motors about sell and possibly assemble jeeps in India. The company might also have had talks about leasing one of its US plants to produce cars for Italy's Fiat SpA.