General Motors suspends dividend, share buybacks as coronavirus hits sales

(Reuters) - General Motors Co said on Monday the automaker has suspended its quarterly cash dividend on its common stock and its share buybacks to save cash in the face of the coronavirus crisis that has severely hurt global automobile sales.Shares of GM were 1.4% lower at $21.65 (17.42 pounds) before the bell."We continue to enhance our liquidity to help navigate the uncertainties in the global market created by this pandemic," said GM Chief Financial Officer Dhivya Suryadevara.GM, which has..