General Motors Corporation

Corporate Finance:Autos & Auto Suppliers

Summary

General Motors Corporation (GM) is one of the world’s largest full-line vehicle manufacturers. GM designs, manufactures, assembles and sells automobiles, trucks and related parts and accessories. GM’s automotive finance operations are conducted through GMAC LLC (formerly known as General Motors Acceptance Corporation). GM sold a majority interest (51%) in GMAC LLC in November 2006 to Cerberus Capital Management.

Debt Rated Action Rating Trend Recovery Rating Date
Commercial Paper Disc.-W/drwn Discontinued -- -- Jun 2, 2009
Convertible Debentures Disc.-W/drwn Discontinued -- -- Jun 2, 2009
Ind. Dev. Empower. Zone Rev. Bds., S2004 (Issued by NYC Ind. Dev. Agency, Guar. by GM) Disc.-W/drwn Discontinued -- -- Jun 2, 2009
Issuer Rating Disc.-W/drwn Discontinued -- -- Jun 2, 2009
Long-Term Debt Disc.-W/drwn Discontinued -- -- Jun 2, 2009
Secured Bank Facilities Disc.-W/drwn Discontinued -- -- Jul 10, 2009