- Follow up: GM also says it will also submit a plan to Congress

Other headlines for [F]

• GM 12/30/1899 00:00am
  General Motors Corp Spokesman Greg Martin: Government loans and GMAC bailout may be sufficient, covering costs for the current worst-case scenario projections- Note: US gov has promised $13.4B from GM and $6B for GMAC
  
• RNO.FR 12/30/1899 00:00am
  Renault SA COO Pelata: Expects 2009 European car demand to decline 20-25% compared to 2007- Co has met its inventory goal for 2008 and would continue to reduce stocks in 2009. - Will continue in pograms to more...
  
• F 12/30/1899 00:00am
  Ford Motor Co Daimler spokesman disputes Der Spiegel article on Volvo intentions- Artilce had stated Daimler was not interested in buying unit, no sources were quoted. - Spokeperson of Daimler in later call more...
  
• 12/30/1899 00:00am
  (US) Chrysler Financial may seek to make changes to its status so that it can access the TARP - FT- The unit is currently in talks with the US government. - In the past, Chrysler disclosed that its more...
  
• GM 12/30/1899 00:00am
  General Motors Corp Treasury says that the company will receive $5.4B in second loan installment on Jan 16- Note: $4B has already been made available for GM and the WSJ reported on 1/1 that GM was scheduled to receive more...
  

Industrials sector headlines

• NOC Today 03:01pm
  Northrop Grumman Corp Reorganizing cetain business- These actions, effective immediately, include streamlining its organizational structure, reducing the number of sectors from seven to five. The five sectors will be more...
  
• JBLU Today 02:07pm
  JetBlue Airways Corp Reports Dec Load Factor 79.4% v 76.8% y/y- RPMs -1.8% y/y - ASMs -5.1% y/y
  
• FR.FR Today 01:28pm
  Valeo SA Moody's lowers Long term rating cut to Ba1 fom Baa3; now junk status; affects €1.1B worth of debt
  
• NSANY Today 01:24pm
  Nissan Motor Co., Ltd Announces recall of 243K trucks and SUVs due to airbag sensor issues
  
• DAL Today 01:19pm
  Delta Air Lines Inc Reports Dec load factor 80.1% v 77.7% y/y- ASMs 9.78M (+0.7% y/y) - RPMs 12.2M (-2.4% y/y)