General Motors says it expects to have its plants in the U.S. and Canada back to full capability by the end of June but plans to tailor production to demand.
Customers with subprime credit accounted for just 8% of new-vehicle loans in the week ended May 10, down from 12% in the first three weeks of March, before COVID-19 social distancing and business shutdowns took effect...
Dhivya Suryadevara, GM chief financial officer, says “even in an extreme scenario with zero production,” the automaker has enough liquidity to last, into Q4 of 2020. That’s now been extended into early next year.