JANESVILLE, Wis. -- General Motors is making a new round of buyout offers to 74,000 hourly workers, including employees at the company's Janesville plant.

On Tuesday, GM reported a $38.7 billion loss for 2007, the largest annual loss ever for a U.S. automaker.

Hourly workers company-wide can volunteer for a buyout. Retirement-eligible workers will get between $45,000 and $62,000, depending on their skill level. Younger workers can get up to $140,000, WISC-TV reported.

Workers would leave by July 1.