- Structure of the offering to be determined in the future.
- Filing did not specify the amount to be offered.

Other headlines for [GM]

• Today 04:12pm
  (US) White House says that Pres Bush could support Senate compromise auto deal, urges Congress to pass compromise as soon as possible
  
• F Today 04:05pm
  Ford Motor Co Company remarks that it has a great plan for Congresswoman Pelosi and Sen Reid with regards to transformation- follow up: GM also says it will also submit a plan to Congress
  
• GM Today 03:13pm
  General Motors Corp S&P lowers long term counterparty rating GMAC LLC to CC from CCC; cuts long term countrparty rating on ResCap LLC to CC from CCC-
  
• Today 02:43pm
  (US) Senator Dodd: Prepackaged bankruptcy could be one option for auto makers, the $25B figure is a ceiling- Auto industry executives failed to appreciate that an "unconditional bailout" was more...
  
• Today 02:37pm
  US Michigan Sen Levin: Compromise plan would have loan requests go through Congress instead of Energy Dept, requires long term plans for automakers, a 'depression' would be possibility if one of the Big 3 automakers fails- Remarks that the more...
  

Industrials sector headlines

• PCP Today 05:49pm
  Precision Castparts Corp Announces equipement failure at its Castparts Corp's Wyman-Gordon forging plant- This morning, the 29,000-ton forging press at Precision Castparts Corp's Wyman-Gordon (Wyman) facility in Houston, more...
  
• VMI Today 05:31pm
  Valmont Industries Inc Acquires U.K. Based Stainton Metal Company, Ltd- Stainton Metal Company Ltd, is a leading U.K. manufacturer of street lighting poles, which has annual sales of around $20M.
  
• BA Today 05:27pm
  Boeing Co CEO: Sees cost cuts, layoffs of over 5% in 2009; needs to cut costs to brace for order cancellations- Cutting discretionary spending
  
• LLL Today 05:06pm
  L-3 Communications Holdings, Inc Received $75M contract from Department of Defense- Increase to its indefinite delivery, indefinite quantity contract for global media development, production and dissemination in support of U.S. more...
  
• VOW.GE Today 04:09pm
  Volkswagen AG Bentley says global sales to decline 30% in 2008 - WSJ- Guides 2009 global sales at around 5K units