SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
FORM 8-K
CURRENT REPORT PURSUANT TO SECTION 13 OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of earliest event reported) December 3, 2002
----------------
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
On December 3, 2002, General Motors Corporation (GM) issued a news release
announcing November production results, revised fourth quarter 2002 and initial
first quarter 2003 forecast. The release is as follows:
GM Reports November Sales of 309,263, Down 18 Percent
November Truck Sales Down 26 Percent;
Trucks on Industry-Record Pace for 11 Months
November Car Sales Down 6 Percent;
GM Announces November Production Results
Revised Q4 and Initial Q1 2003 Forecast
DETROIT - General Motors Corp. dealers sold 309,263 new cars and trucks in
November in the United States, down 18 percent versus November 2001. GM's
overall truck sales (171,862) were down 26 percent; car sales (137,401) were
down 6 percent.
"Comparisons to a very strong year-ago November are difficult, however, our
sales remain generally healthy," said Bill Lovejoy, group vice president of
North America Vehicle Sales, Service and Marketing. "Importantly, we continue to
improve our vehicle mix in an extremely competitive market. Heading into the
last month of the year, GM's truck sales continue on pace to set the all-time
industry record. In addition, we continue to generate strong sales with our new
vehicle introductions for Cadillac, HUMMER and Saturn."
GM Truck Sales
GM truck sales (171,862) were down 26 percent in November from extremely strong
year-ago levels. November utility vehicle sales for GM (78,726) were down 19
percent. GM's midsize utility sales for the month were 31,915, down 29 percent
in a very competitive market. GM's November sales of full-size utility vehicles
(34,279 units) decreased 29 percent from strong year-ago levels. Saturn's new
VUE posted impressive sales with 9,482 deliveries.
GM's truck sales for 2002 through November (2,487,972) are up 4 percent. GM's
SUV sales (1,099,325) have increased 19 percent for the same period, after
setting a new industry calendar year record by the end of October. GM's
calendar-year-to-date midsize utility sales were 502,820, up 29 percent. For the
same 11-month period, GM's full-size utility vehicle sales (490,968) have
increased 1 percent, compared with very strong sales last year.
GM Car Sales
GM's midsize cars posted a 12-percent gain for November on 82,671 sales versus
November 2001. The Chevrolet Malibu made an impressive 19-percent gain on 10,396
sales in November. Chevrolet Impala sales of 16,183 units were also strong with
a 3-percent gain. The new Cadillac CTS posted healthy monthly sales of 4,173
units, and the new Pontiac Vibe had another solid month, selling 3,617 units.
Overall, GM car sales (1,897,070) were down 11 percent for 2002 through
November.
Certified Used Cars
GM's industry-leading certified used car program sold approximately 37,253 total
certified used vehicles in November, including the Cadillac, Saturn and Saab
certified brands. The GM Certified Used Vehicle brand alone had another strong
month, selling 31,823 units. " On a yearly basis, we expect to do almost 400,000
sales," Lovejoy said. "Our certified used vehicle sales continue to exceed our
expectations. GM dealers, GMAC and the entire VSSM organization have made GM's
effort to reach out to new customers a great success."
November Production, Revised Fourth Quarter and Initial
First-Quarter 2003 Production Forecasts
In November, GM produced 465,000 vehicles (200,000 cars and 265,000 trucks) in
North America, compared to 446,000 vehicles (195,000 cars and 251,000 trucks)
produced in November 2001. (Production totals include joint venture production
of 10,400 vehicles in November 2002 and 9,500 vehicles in November 2001.)
In addition, GM is revising its fourth-quarter production forecast for North
America to 1.415 million units (600,000 cars and 815,000 trucks), up 5,000 units
from last month's guidance. In the fourth quarter of 2001, GM produced 1.294
million units (573,000 cars and 721,000 trucks) in North America.
Additionally, GM's initial 2003 first-quarter production forecast for North
America is 1,400,000 units (560,000 cars and 840,000 trucks). In the first
quarter of 2002, GM North America produced 1,353,000 vehicles (600,000 cars,
753,000 trucks.) This represents a 3.5 percent increase in production and is
mostly attributed to the unusually high level of temporary plant idlings in the
first quarter of 2002.
GM also announced revised fourth-quarter production forecasts for its
international regions:
- GM Europe -- The region's revised fourth-quarter production forecast is
456,000 vehicles, down 13,000 vehicles from last month's forecast.
- GM Asia Pacific -- GM Asia Pacific's revised fourth-quarter production
forecast is 83,000 vehicles, up 1,000 vehicles from last month's
forecast.
- GM Latin America, Africa and the Middle East -- The regions' revised
fourth-quarter production forecast is 160,000 units, down 6,000 units
over last month's forecast.
More information on GM can be found at www.gm.com.
####
Note: GM sales and production results are available on GM Media OnLine at
http://media.gm.com by clicking on News, then Sales/Production. In this press
release and related comments by General Motors management, our use of the words
"expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and
similar expressions is intended to identify forward looking statements. While
these statements represent our current judgment on what the future may hold, and
we believe these judgments are reasonable, actual results may differ materially
due to numerous important factors that are described in GM's most recent report
on SEC Form 10-K (at page 11-15, 16) which may be revised or supplemented in
subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among
others, the following: changes in economic conditions, currency exchange rates
or political stability; shortages of fuel, labor strikes or work stoppages;
market acceptance of the corporation's new products; significant changes in the
competitive environment; changes in laws, regulations and tax rates; and, the
ability of the corporation to achieve reductions in cost and employment levels
to realize production efficiencies and implement capital expenditures at levels
and times planned by management.
Detroit -- General Motors dealers in the United States today reported the
following vehicle sales:
-------------------------------------------------------------------------------
Calendar Year-to-Date
November January - November
-------------------------- -----------------------------
Curr S/D: 26 % Chg
Prev S/D: 25 2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------------------------------
Vehicle Total 309,263 363,721 -18.2 4,385,042 4,541,846 -3.5
-------------------------------------------------------------------------------
Car Total 137,401 140,556 -6.0 1,897,070 2,141,812 -11.4
-------------------------------------------------------------------------------
Truck Total 171,862 223,165 -26.0 2,487,972 2,400,034 3.7
-------------------------------------------------------------------------------
Light Truck Total 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
Light Vehicle Total 306,140 360,419 -18.3 4,350,398 4,503,913 -3.4
-------------------------------------------------------------------------------
-------------------------------------------------------------------------------
Market Division
Vehicle Total Calendar Year-to-Date
November January - November
-------------------------- -----------------------------
% Chg
2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------------------------------
Buick 32,420 31,512 -1.1 388,477 378,092 2.7
Cadillac 15,743 14,642 3.4 179,876 159,770 12.6
Chevrolet 156,821 205,231 -26.5 2,376,735 2,476,630 -4.0
GMC 34,173 47,997 -31.5 497,070 505,711 -1.7
HUMMER 3,933 59 ***.* 15,717 697 ***.*
Oldsmobile 10,101 13,128 -26.0 145,363 221,131 -34.3
Other - Isuzu 1,015 1,065 -8.4 12,293 14,023 -12.3
Pontiac 31,531 30,415 -0.3 474,878 503,723 -5.7
Saab 2,772 2,602 2.4 35,062 34,836 0.6
Saturn 20,754 17,070 16.9 259,571 247,233 5.0
-------------------------------------------------------------------------------
Sales of Domestically Produced Vehicles
-------------------------------------------------------------------------------
Car 134,626 137,693 -6.0 1,861,767 2,097,313 -11.2
-------------------------------------------------------------------------------
Light Truck 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
Twenty-six selling days for the November period this year and twenty-five for
last year.
* American Isuzu Motors, Inc., dealer sales of commercial vehicles distributed
by General Motors Corporation as reported to General Motors by American Isuzu
Motors, Inc.
2-1P
GM Car Deliveries - (United States)
November 2002
-------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
------------------------ -----------------------------
%Chg
2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------
Selling Days (S/D) 26 25
-------------------------------------------------------------------------------
Century 16,247 9,352 67.0 146,870 132,513 10.8
LeSabre 6,647 11,052 -42.2 121,309 137,906 -12.0
Park Avenue 2,014 2,923 -33.7 27,803 33,458 -16.9
Regal 4,278 2,716 51.5 36,985 47,306 -21.8
Riviera 0 11 ***.* 0 17 ***.*
Buick Total 29,186 26,054 7.7 332,967 351,200 -5.2
-------------------------------------------------------------------------------
Catera 3 261 -98.9 241 9,663 -97.5
CTS 4,173 0 ***.* 33,353 0 ***.*
DeVille 6,233 7,522 -20.3 76,840 88,752 -13.4
Eldorado 181 695 -75.0 5,447 9,515 -42.8
Seville 1,442 2,182 -36.5 19,619 23,432 -16.3
Cadillac Total 12,032 10,660 8.5 135,500 131,362 3.2
-------------------------------------------------------------------------------
Camaro 803 2,400 -67.8 27,668 32,929 -16.0
Cavalier 12,479 14,128 -15.1 219,867 218,950 0.4
Corvette 2,163 2,910 -28.5 29,696 32,007 -7.2
Impala 16,183 15,051 3.4 177,184 193,311 -8.3
Lumina 0 29 ***.* 34 17,647 -99.8
Malibu 10,396 8,365 19.5 154,211 167,537 -8.0
Metro 0 35 ***.* 13 6,513 -99.8
Monte Carlo 4,376 4,778 -11.9 59,705 68,617 -13.0
Prizm 17 1,904 -99.1 14,280 43,559 -67.2
Chevrolet Total 46,417 49,600 -10.0 682,658 781,070 -12.6
-------------------------------------------------------------------------------
Alero 7,155 5,154 33.5 88,957 102,823 -13.5
Aurora 390 1,467 -74.4 8,435 23,920 -64.7
Cutlass 0 34 ***.* 0 53 ***.*
Eighty Eight 0 12 ***.* 0 16 ***.*
Intrigue 617 2,017 -70.6 14,396 37,972 -62.1
Oldsmobile Total 8,162 8,684 -9.6 111,788 164,784 -32.2
-------------------------------------------------------------------------------
Bonneville 1,930 3,087 -39.9 33,843 46,087 -26.6
Firebird 603 1,772 -67.3 20,003 23,939 -16.4
Grand Am 7,937 8,464 -9.8 139,447 172,746 -19.3
Grand Prix 11,252 9,078 19.2 118,813 120,371 -1.3
Sunfire 2,221 3,485 -38.7 59,512 68,184 -12.7
Vibe 3,617 0 ***.* 34,079 0 ***.*
Pontiac Total 27,560 25,886 2.4 405,697 431,327 -5.9
-------------------------------------------------------------------------------
9-3 1,536 895 65.0 18,835 17,455 7.9
9-5 1,236 1,707 -30.4 16,227 17,381 -6.6
Saab Total 2,772 2,602 2.4 35,062 34,836 0.6
-------------------------------------------------------------------------------
ION 2,465 0 ***.* 3,474 0 ***.*
Saturn L Series 4,230 6,217 -34.6 75,985 92,849 -18.2
Saturn S Series 4,577 10,853 -59.4 113,939 154,384 -26.2
Saturn Total 11,272 17,070 -36.5 193,398 247,233 -21.8
-------------------------------------------------------------------------------
GM Total 137,401 140,556 -6.0 1,897,070 2,141,812 -11.4
-------------------------------------------------------------------------------
GM Car Deliveries by Production Source
-------------------------------------------------------------------------------
GM North America * 134,626 137,693 -6.0 1,861,767 2,097,313 -11.2
-------------------------------------------------------------------------------
GM Import 2,775 2,863 -6.8 35,303 44,499 -20.7
-------------------------------------------------------------------------------
GM Total 137,401 140,556 -6.0 1,897,070 2,141,812 -11.4
-------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
2-1P
GM Car Deliveries - (United States)
November 2002
-------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
------------------------ -----------------------------
%Chg
2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------
Selling Days (S/D) 26 25
-------------------------------------------------------------------------------
GM Car Deliveries by Production Source and Marketing Division
-------------------------------------------------------------------------------
Buick Total 29,186 26,054 7.7 332,967 351,200 -5.2
Cadillac Total 12,029 10,399 11.2 135,259 121,699 11.1
Chevrolet Total 46,417 49,600 -10.0 682,658 781,070 -12.6
Oldsmobile Total 8,162 8,684 -9.6 111,788 164,784 -32.2
Pontiac Total 27,560 25,886 2.4 405,697 431,327 -5.9
Saturn Total 11,272 17,070 -36.5 193,398 247,233 -21.8
GM North America
Total 134,626 137,693 -6.0 1,861,767 2,097,313 -11.2
-------------------------------------------------------------------------------
Cadillac Total 3 261 -98.9 241 9,663 -97.5
Saab Total 2,772 2,602 2.4 35,062 34,836 0.6
GM Import Total 2,775 2,863 -6.8 35,303 44,499 -20.7
-------------------------------------------------------------------------------
GM Vehicle Deliveries by Marketing Division
-------------------------------------------------------------------------------
Buick Total 32,420 31,512 -1.1 388,477 378,092 2.7
Cadillac Total 15,743 14,642 3.4 179,876 159,770 12.6
Chevrolet Total 156,821 205,231 -26.5 2,376,735 2,476,630 -4.0
GMC Total 34,173 47,997 -31.5 497,070 505,711 -1.7
HUMMER Total 3,933 59 ***.* 15,717 697 ***.*
Oldsmobile Total 10,101 13,128 -26.0 145,363 221,131 -34.3
Other-Isuzu Total 1,015 1,065 -8.4 12,293 14,023 -12.3
Pontiac Total 31,531 30,415 -0.3 474,878 503,723 -5.7
Saab Total 2,772 2,602 2.4 35,062 34,836 0.6
Saturn Total 20,754 17,070 16.9 259,571 247,233 5.0
GM Total 309,263 363,721 -18.2 4,385,042 4,541,846 -3.5
-------------------------------------------------------------------------------
* Includes US/Canada/Mexico
3-1P
GM Truck Deliveries - (United States)
November 2002
-------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
------------------------ -----------------------------
%Chg
2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------
Selling Days (S/D) 26 25
-------------------------------------------------------------------------------
Rendezvous 3,234 5,458 -43.0 55,510 26,892 106.4
Total Buick 3,234 5,458 -43.0 55,510 26,892 106.4
-------------------------------------------------------------------------------
Escalade 2,608 3,909 -35.8 32,412 28,335 14.4
Escalade EXT 1,103 73 ***.* 11,964 73 ***.*
Total Cadillac 3,711 3,982 -10.4 44,376 28,408 56.2
-------------------------------------------------------------------------------
Astro 2,848 3,767 -27.3 47,335 55,190 -14.2
C/K Suburban(Chevy) 8,131 13,211 -40.8 133,455 140,557 -5.1
Chevy C/T Series 192 579 -68.1 4,172 6,009 -30.6
Chevy P Models & Mtr Hms 0 153 ***.* 0 226 ***.*
Chevy W Series 169 188 -13.6 2,063 1,838 12.2
Express Cutaway/G Cut 1,323 1,508 -15.6 18,852 15,371 22.6
Express Panel/G Van 3,736 5,878 -38.9 59,359 61,694 -3.8
Express/G Sportvan 1,034 790 25.9 13,634 13,636 0.0
Kodiak 4/5 Series 309 0 ***.* 1,416 0 ***.*
Kodiak 6/7/8 Series 120 0 ***.* 209 0 ***.*
S/T Blazer 3,838 7,714 -52.2 91,482 141,522 -35.4
S/T Pickup 6,824 9,928 -33.9 137,429 150,139 -8.5
Tahoe 10,855 16,467 -36.6 184,637 184,447 0.1
Tracker 3,050 3,337 -12.1 39,364 48,745 -19.2
TrailBlazer 15,764 18,108 -16.3 219,373 98,326 123.1
Venture 6,950 6,043 10.6 83,815 82,688 1.4
Avalanche 4,633 8,661 -48.6 81,596 44,649 82.7
Silverado-C/K
Pickups 40,628 59,299 -34.1 575,886 650,523 -11.5
Chevrolet Fullsize
Pickups 45,261 67,960 -36.0 657,482 695,172 -5.4
Chevrolet Total 110,404 155,631 -31.8 1,694,077 1,695,560 -0.1
-------------------------------------------------------------------------------
C/K Suburban(GMC) 0 57 ***.* 0 94 ***.*
Envoy 7,218 7,908 -12.2 96,976 43,760 121.6
GMC C/T Series 746 945 -24.1 9,756 11,857 -17.7
GMC W Series 277 352 -24.3 3,715 3,944 -5.8
P Models & Mtr Hms(GMC) 0 20 ***.* 0 36 ***.*
S/T Jimmy 12 603 -98.1 940 30,487 -96.9
Safari (GMC) 740 1,163 -38.8 12,750 17,481 -27.1
Savana Panel/G Classic 1,103 1,646 -35.6 19,419 22,468 -13.6
Savana Special/G Cut 336 400 -19.2 7,593 9,602 -20.9
Savana/Rally 193 178 4.3 2,477 2,325 6.5
Sierra 12,669 18,896 -35.5 179,885 191,225 -5.9
Sonoma 1,832 2,775 -36.5 37,792 38,585 -2.1
Topkick 4/5 Series 196 0 ***.* 802 0 ***.*
Topkick 6/7/8 Series 99 0 ***.* 218 0 ***.*
Yukon 4,662 6,379 -29.7 65,814 70,194 -6.2
Yukon XL 4,090 6,675 -41.1 58,933 63,653 -7.4
GMC Total 34,173 47,997 -31.5 497,070 505,711 -1.7
-------------------------------------------------------------------------------
HUMMER H1 62 59 1.0 664 697 -4.7
HUMMER H2 3,871 0 ***.* 15,053 0 ***.*
HUMMER Total 3,933 59 ***.* 15,717 697 ***.*
-------------------------------------------------------------------------------
Bravada 681 2,256 -71.0 13,175 22,146 -40.5
Silhouette 1,258 2,188 -44.7 20,400 34,201 -40.4
Oldsmobile Total 1,939 4,444 -58.0 33,575 56,347 -40.4
-------------------------------------------------------------------------------
Other-Isuzu F Series 155 153 -2.6 1,785 2,072 -13.9
Other-Isuzu N Series 860 912 -9.3 10,508 11,951 -12.1
Other-Isuzu Total 1,015 1,065 -8.4 12,293 14,023 -12.3
-------------------------------------------------------------------------------
Aztek 1,168 1,345 -16.5 25,364 26,093 -2.8
Montana 2,803 3,184 -15.4 43,817 46,303 -5.4
Pontiac Total 3,971 4,529 -15.7 69,181 72,396 -4.4
-------------------------------------------------------------------------------
VUE 9,482 0 ***.* 66,173 0 ***.*
Saturn Total 9,482 0 ***.* 66,173 0 ***.*
-------------------------------------------------------------------------------
GM Total 171,862 223,165 -26.0 2,487,972 2,400,034 3.7
-------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source
-------------------------------------------------------------------------------
GM North America * 170,840 222,030 -26.0 2,474,972 2,386,026 3.7
-------------------------------------------------------------------------------
GM Import 1,022 1,135 -13.4 12,981 14,008 -7.3
-------------------------------------------------------------------------------
GM Total 171,862 223,165 -26.0 2,487,972 2,400,034 3.7
-------------------------------------------------------------------------------
GM Light Duty Truck Deliveries by Production Source
-------------------------------------------------------------------------------
GM North America * 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
GM Import 0 0 ***.* 0 0 ***.*
-------------------------------------------------------------------------------
GM Total 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
3-1P
GM Truck Deliveries - (United States)
November 2002
-------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
------------------------ -----------------------------
%Chg
2002 2001 per S/D 2002 2001 % Chg
-------------------------------------------------------
Selling Days (S/D) 26 25
-------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source and Marketing Division
-------------------------------------------------------------------------------
Buick Total 3,234 5,458 -43.0 55,510 26,892 106.4
Cadillac Total 3,711 3,982 -10.4 44,376 28,408 56.2
Chevrolet Total 110,287 155,502 -31.8 1,692,707 1,694,276 -0.1
GMC Total 33,973 47,801 -31.7 494,557 503,386 -1.8
HUMMER Total 3,933 59 ***.* 15,717 697 ***.*
Oldsmobile Total 1,939 4,444 -58.0 33,575 56,347 -40.4
Other-Isuzu Total 310 255 16.9 3,195 3,624 -11.8
Pontiac Total 3,971 4,529 -15.7 69,181 72,396 -4.4
Saturn Total 9,482 0 ***.* 66,173 0 ***.*
GM North America
Total* 170,840 222,030 -26.0 2,474,991 2,386,026 3.7
-------------------------------------------------------------------------------
Chevrolet Total 117 129 -12.8 1,370 1,284 6.7
GMC Total 200 196 -1.9 2,513 2,325 8.1
Other-Isuzu Total 705 810 -16.3 9,098 10,399 -12.5
GM Import Total 1,022 1,135 -13.4 12,981 14,008 -7.3
-------------------------------------------------------------------------------
GM Light Truck Deliveries by Production Source and Marketing Division
-------------------------------------------------------------------------------
Buick Total 3,234 5,458 -43.0 55,510 26,892 106.4
Cadillac Total 3,711 3,982 -10.4 44,376 28,408 56.2
Chevrolet Total 109,614 154,711 -31.9 1,686,217 1,687,487 -0.1
GMC Total 32,855 46,680 -32.3 482,579 489,874 -1.5
HUMMER Total 3,933 59 ***.* 15,717 697 ***.*
Oldsmobile Total 1,939 4,444 -58.0 33,575 56,347 -40.4
Pontiac Total 3,971 4,529 -15.7 69,181 72,396 -4.4
Saturn Total 9,482 0 ***.* 66,173 0 ***.*
GM North America
Total* 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
GM Light Truck Deliveries by Marketing Division
-------------------------------------------------------------------------------
Buick Total 3,234 5,458 -43.0 55,510 26,892 106.4
Cadillac Total 3,711 3,982 -10.4 44,376 28,408 56.2
Chevrolet Total 109,614 154,711 -31.9 1,686,217 1,687,487 -0.1
GMC Total 32,855 46,680 -32.3 482,579 489,874 -1.5
HUMMER Total 3,933 59 ***.* 15,717 697 ***.*
Oldsmobile Total 1,939 4,444 -58.0 33,575 56,347 -40.4
Pontiac Total 3,971 4,529 -15.7 69,181 72,396 -4.4
Saturn Total 9,482 0 ***.* 66,173 0 ***.*
GM Total 168,739 219,863 -26.2 2,453,328 2,362,101 3.9
-------------------------------------------------------------------------------
* Includes US/Canada/Mexico
GM Production Schedule - 12/3/02
---------------------------------------------------------------
GMNA
------------------- Total Memo: JV*
Units 000s Car* Truck* Total GME** GMLAAM GMAP Worldwide Car Truck
---------- ----- ----- ----- ----- ------ ---- --------- --- -----
2002 Q4 # 600 815 1,415 456 160 83 2,114 13 24
O/(U) prior
forecast:@ 0 0 5 (13) (6) 1 (13) 0 0
-------------------------------------------------------------------------------
---------------------------------------------------------------
GMNA
------------------- Total Memo: JV*
Units 000s Car Truck Total GME GMLAAM GMAP Worldwide Car Truck
---------- ----- ----- ----- ----- ------ ---- --------- --- -----
1998
1st Qtr. 673 702 1,375 424 146 36 1,981 20 6
2nd Qtr. 615 557 1,172 479 153 39 1,843 13 8
3rd Qtr. 592 410 1,002 440 137 37 1,616 14 0
4th Qtr. 819 691 1,510 522 89 36 2,157 21 9
----- ----- ----- ----- --- --- ----- --- --
CY 2,699 2,360 5,059 1,864 525 148 7,596 68 23
1999
1st Qtr. 781 725 1,506 524 93 38 2,161 20 15
2nd Qtr. 760 795 1,555 533 110 25 2,223 22 13
3rd Qtr. 660 699 1,359 427 112 47 1,945 19 11
4th Qtr. 759 694 1,453 530 97 47 2,127 21 17
----- ----- ------ ----- --- --- ----- --- --
CY 2,960 2,913 5,873 2,014 412 157 8,456 82 56
2000
1st Qtr. 746 775 1,521 572 118 40 2,251 24 13
2nd Qtr. 787 781 1,568 534 140 45 2,287 19 17
3rd Qtr. 689 630 1,319 374 151 53 1,897 16 18
4th Qtr. 670 694 1,364 513 135 47 2,059 18 17
----- ----- ----- ----- --- --- ----- --- --
CY 2,892 2,880 5,772 1,993 544 185 8,494 77 65
2001
1st Qtr. 581 633 1,214 538 138 51 1,941 918 9
2nd Qtr. 638 726 1,364 491 165 64 2,084 13 16
3rd Qtr. 573 665 1,238 373 146 74 1,832 11 15
4th Qtr. 573 721 1,294 441 127 67 1,929 9 16
----- ----- ----- ----- --- --- ----- --- --
CY 2,365 2,745 5,110 1,842 575 256 7,786 46 61
2002
1st Qtr. 600 753 1,353 456 131 65 2,005 12 11
2nd Qtr. 688 865 1,553 453 141 74 2,221 15 17
3rd Qtr. 567 740 1,307 408 132 87 1,934 19 20
4th Qtr. # 600 815 1,415 456 160 83 2,114 13 24
----- ----- ----- ----- --- --- ----- --- --
CY # 2,455 3,173 5,628 1,773 564 309 8,274 59 72
2003
1st Qtr. # 560 840 1,400 494 134 TBD TBD 18 24
-------------------------------------------------------------------------------
@ Numbers may vary due to rounding
* JOINT VENTURE - NUMMI units included in U.S. Car, HUMMER in U.S. Truck, CAMI
units included in Canada Car and Truck figures.
** GME Production includes Saab back to 1999
# Denotes estimate
TBD - GMAP Q1 '03 forecast not available at publication time - Total Worldwide
Q1 Forecast unavailable at this time due to pending GMAP data
Note: Beginning with Q1 2001, a reclassification has been made in the
International regions to count vehicles as production in the region
of final assembly. 1999 and 2000 data has been adjusted to reflect
this reclassification.
This report is governed by the Safe Harbor language found in the Terms and
Conditions on the GM Institutional Investor website.
####
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
--------------------------
December 3, 2002
----------------
By
/s/Peter R. Bible
--------------------------
(Peter R. Bible,
Chief Accounting Officer)