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GM
The No.1 U.S. automaker, which also suspended its 2020 outlook, said it was evaluating its quarterly dividend, but has not yet decided to suspend it. As of the end of 2019, GM had $34.6 billion in liquidity, including $17.3 billion in cash. Companies across the globe are drawing down on revolving credit lines to help them cover their costs through a crisis which has brought many elements of the global economy to a complete standstill.
Continue reading GM taking austerity measures in face of coronavirus slowdown
GM taking austerity measures in face of coronavirus slowdown originally appeared on
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GM taking austerity measures in face of coronavirus slowdown
