General Motors to pay first dividend since 2008
General Motors has also been helped by a recovery in the US car market US carmaker General Motors (GM) said it will resume dividend payments, capping a remarkable turnaround since its 2009 bailout by the US government.
It will pay a dividend of 30 cents per share, the first since July 2008.
GM filed for bankruptcy at the height of the global financial crisis and was rescued after the government pumped in billions of dollars.
But the firm has since seen a strong recovery, led by a jump in sales in key markets such as the US and China.
On Tuesday, the firm said it sold 9.71 million vehicles in 2013, an increase of 4% on the year before.
"This return to shareholders is consistent with our capital priorities, and is an important signal of confidence in our plans for a continuing profitable future," Dan Ammann, GM's chief financial officer, said in a statement.
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