8-K 1 sandpdowngrade041003.txt S AND P DOWNGRADE OF GM ON APRIL 9, 2003 SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) April 9, 2003 ------------- GENERAL MOTORS CORPORATION ----------------------------------------------------- (Exact name of registrant as specified in its charter) STATE OF DELAWARE 1-143 38-0572515 ---------------------------- ----------------------- ------------------- (State or other jurisdiction (Commission File Number) (I.R.S. Employer of incorporation) Identification No.) 300 Renaissance Center, Detroit, Michigan 48265-3000 -------------------------------------------- ---------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code (313)-556-5000 -------------- ITEM 5. OTHER ITEMS DETROIT (Reuters) - Standard & Poor's lowered its debt rating outlook on General Motors Corporation to negative from stable on Wednesday, questioning how GM will fund its multibillion-dollar pension and health care liabilities. The credit rating agency also warned that GM's rating of "BBB" - its second lowest investment grade - was under constant review and could be downgraded without notice should GM's financial performance stumble. # # # SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GENERAL MOTORS CORPORATION -------------------------- (Registrant) Date April 10, 2003 -------------- By /s/Peter R. Bible -------------------------- (Peter R. Bible, Chief Accounting Officer)