In an effort to retain cash, General Motors (NYSE: GM) revealed it will suspend its quarterly dividend and stock buybacks. The coronavirus pandemic has forced factories and dealerships to...
Tag: Ford Motor
Along with all other automakers, Ford Motor (NYSE: F) sales plunged 12.5% compared to last year. A number greater than General Motors’ and Fiat Chrysler’s losses but still below...
Thursday General Motors (NYSE: GM) notified salaried employees it would be briefly reducing 20% of their pay. Nevertheless, the company intends to pay back the difference, once the COVID-19...
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Fiat Closes European Plants Amid Coronavirus Outbreak
Fiat Chrysler (NYSE: FCAU) is halting all production at most of its European plants until March 27 amid the coronavirus spread. Just last week the automaker announced it would...
