GM to cut jobs, sell assets, lift cash to survive

DETROIT - General Motors Corp on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up cash and survive a deep industry slump.

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GM to cut jobs, sell assets, lift cash to survive

DETROIT - General Motors Corp on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up cash and survive a deep industry slump.

Leave a Reply

You must be logged in to post a comment.

GM to cut jobs, sell assets, lift cash to survive

DETROIT - General Motors Corp on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up cash and survive a deep industry slump.

Leave a Reply

You must be logged in to post a comment.

GM to cut jobs, sell assets, lift cash to survive

DETROIT - General Motors Corp on Tuesday announced a plan to cut costs by $10 billion, suspend its common stock dividend and sell up to $4 billion in assets in a bid to shore up cash and survive a deep industry slump.

Leave a Reply

You must be logged in to post a comment.