GM 'Closest It Has Ever Been' to Reinstating Dividend
By Jeff Bennett
General Motors Co. Chief Financial Officer Dan Ammann said the auto maker is "the closest it has ever been" to reinstating a dividend.
Mr. Ammann made the comments Sunday as he also said the European economy appears to have bottomed out.
"It is at the bottom, but I am unsure how quickly we will come off the bottom," he said. "We will see how the year unfolds."
The comments inject more enthusiasm in the auto maker which has been showing signs of financial strength since its exit from bankruptcy in 2009. The auto maker reports its 2013 financial results next month.
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