Lutz and other top GM executives sell shares

Date: Tue, 12 May 2009 12:01:12 -0400

Lutz and other top GM executives sell shares

A group of top General Motors Corp. executives, including Vice
Chairman Bob Lutz, sell what was left of their personal stakes,
according to several filings with the Securities and Exchange
Commission.

FORD TO RAISE CASH THROUGH 300 MLN SHARE OFFERING

Ford Motor Co. shares fall more than 5% after the automaker announces
plans to sell 300 million shares of its common stock and use some of
the proceeds to pay cash into its retiree health-care trust.

FALLING EXPORTS PUSH U.S. TRADE GAP HIGHER

The U.S. trade gap with the rest of the world increases in March for
the first. time in eight months as exports decline faster than
imports.