P537 ORACLE 537 Sat25 Apr C4 2100:11   GENERAL MOTORS  ISSUES $2bn STOCK US auto giant General Motors has issued a huge $2.1bn stock offering. EC average inflation was 4.8% in the year to the end of March, against 4.7% the previous year. Japan has detailed a 6% cut in 1992 car imports to the EC, down to 1.18m cars against 1.26m last year. US tobacco giant Philip Morris will invest $396m in the Czech state cigarette maker Tabak as part of privatisation plans. City headlines 500 International 530 ORACLE CALIFORNIA & MADRID PAGE 379 Summary Newsfile Your Money Adverts