March 24, 2020 / 12:13 PM / 9 days ago

General Motors suspends 2020 outlook, to draw down $16 billion in credit

March 24 (Reuters) - General Motors on Tuesday suspended its 2020 outlook and said it plans to draw down about $16 billion from its credit facilities in a bid to beef up liquidity amid rising business impact from the fast-spreading coronavirus outbreak. (Reporting by Rachit Vats in Bengaluru; Editing by Arun Koyyur;)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below