GM close to reinstating dividend

|By:, SA News Editor

General Motors (GM) is "the closest it has been" to issuing its first dividend since the financial crisis in mid-2008, CFO Dan Ammann said yesterday, ahead of the Detroit Auto Show.

"It's clear to us that investors are anticipating a dividend," said Ammann, who was speaking at the unveiling of the GMC Canyon mid-sized pick-up truck.