The maker of Jeep, Dodge and a dozen other brands said it will set a liquidity target of 25%-30% of revenue in the medium term to support shareholder returns.
Related Posts
Ray-Ban Maker EssilorLuxottica Posts Revenue Increase But Misses Expectations
The Franco-Italian eyewear group’s revenue rose 4% in the third quarter, helped by sales of smart glasses.
Lufthansa Fined $4 Million for Stopping 128 Jewish Passengers From Boarding Flight
The Transportation Department said the fine is the largest it has issued against an airline for civil-rights violations.
TSMC Posts Stronger Second-Quarter Profit on Chip Demand
Taiwan Semiconductor Manufacturing Co.’s second-quarter net profit jumped on surging demand for advanced chips amid the global artificial-intelligence boom.