TYPE:  425
SEQUENCE:  1
DESCRIPTION:  FILING OF COMMUNICATION

                    Filed by General Motors Corporation (GM)
                    Subject Company - General Motors Corporation
                    Pursuant to Rule 425 under the Securities Act of 1933
                    File No. 333-30826

The  following  communication  contains  forward-looking  statements  within the
meaning of the Safe  Harbor  Provisions  of the  Private  Securities  Litigation
Reform Act of 1995.  Reference  made in the following are based on  management's
current  expectations  or beliefs  and are  subject  to a number of factors  and
uncertainties  that could cause actual results to differ  materially  from those
described in the forward-looking statements.

The principal  risk factors that may cause actual  results to differ  materially
from  those   expressed  in   forward-looking   statements   contained  in  this
communication  are  described  in  various  documents  filed by GM with the U.S.
Securities and Exchange Commission (SEC), including GM's Current Reports on Form
8-K dated April 12, 1999, and Filed on April 15, 1999, and April 21, 1999.

                               * * * * * * * * * *

On February  25,  2000 in a  presentation  at an annual  meeting  with  security
analysts,  GM's Executive Vice President and Chief Financial Officer, J. Michael
Losh, in the context of his financial  review of the  corporation  presented the
following  charts  and  the  accompanying  script  relating  to  the  previously
announced plan of the corporation to offer up to $8 billion of the Corporation's
Class H stock in exchange for outstanding shares of the Corporation's $1-2/3 par
value common stock.  The exchange is part of an overall plan to restructure GM's
economic   interest  in  its   wholly-owned   subsidiary,   Hughes   Electronics
Corporation.  As previously  indicated,  it is anticipated that the plan will be
executed  in the first half of calendar  year 2000.  The filing is being made in
compliance with U.S. Securities and Exchange Commission Rules, which among other
things,  require the filing of certain communications used by the Corporation to
describe the exchange offer to external groups or the public.

CHART 1

GM's Capital Position

   - GM's  balance  sheet has  strengthened  significantly
     .Effective  leverage reduced by over 40% since 1993

Effective Leverage*
- - ------------------
* Debt, Pref. Equity, Net U.S. Pension, Net OPEB

[Chart shown here which illustrates an effective  leverage reduction of over 40%
from 1993 to 1999.  The chart  shows  effective  leverage of  approximately  $42
billion in 1993,  approximately  $25  billion  in 1999,  and  approximately  $18
billion for years beyond 1999.  This chart states that the "beyond  1999" figure
includes "$7.0 billion Class H stock contribution to benefit plans in 2000".]

   - Planned  restructuring  of GM's  economic  interest in Hughes will  further
     strengthen GM's balance sheet


   - We've been building towards our current  financial  strength through fiscal
     restraint and opportunistic financial planning for several years

   - This chart evidences the transformation in GM's capital position over the
     last decade

   - Overall,  we've reduced our balance sheet `effective'  leverage by over 40%
     since  1993,  and will  reduce it even  further in 2000  through the Hughes
     transactions







CHART 2

Capital Returned To Shareholders

   - In addition, GM has returned $11.8 billion to $1-2/3 shareholders in
     special transactions

[Chart  shown here  which  shows that how GM has  returned  $11.8  billion to GM
$1-2/3 shareholders in special  transactions  including $2.5 billion relating to
the Hughes Defense  transaction in 1997 and $9.3 billion  relating to the Delphi
Spin-off  transaction  in 1999. The chart also  illustrates  that including both
special  transactions and Dividend and Stock Buyback, GM has returned a total of
$7.8  billion  ($5.3  billion of which is  Dividends  and Stock  Buyback),  $3.9
billion (all of which is Dividends and Stock  Buyback),  and $13.2 billion ($3.9
billion  of which is  Dividends  and Stock  Buyback)  in 1997,  1998,  and 1999,
respectively.  For 2000, the chart illustrates that GM will return an additional
$8.0 billion to shareholders through the Class H for GM $1-2/3 exchange offer.]

   - In total GM has returned $25 billion since 1997
     .In 2000, GM will return an additional $8 billion to  shareholders  through
      Class H for GM $1-2/3 exchange offer



   - In addition,  we returned  $11.8 billion over the same 3 year period in the
     form of special transactions
     .Hughes Defense spin-off $2.5 billion (1997)
     .Delphi Spin-off $9.3 billion (1999)

   - As you know,  this year  we'll  make that  almost  $20  billion  of special
     distributions  in 4 years with the $8 billion Class H for $ 1-2/3  exchange
     offer

While General Motors has filed a Registration Statement on Form S-4, including a
preliminary  prospectus,  regarding the exchange  offer with the SEC, it has not
yet become  effective,  which means it is not yet final.  GM urges holders of GM
$1-2/3  common  stock to read the  final  Registration  Statement  on Form  S-4,
including the final prospectus,  regarding the exchange offer referred to above,
when it is finalized and distributed to GM $1-2/3 common  stockholders,  as well
as the other documents which General Motors has filed or will file with the SEC,
because  they  contain  or will  contain  important  information  for  making an
informed  investment  decision.  Holders of GM $1-2/3  common stock may obtain a
free  copy  of the  final  prospectus,  when it  becomes  available,  and  other
documents  filed by General Motors at the SEC's web site, at General Motors' web
site,  or from  General  Motors by  directing  such  request  in  writing  or by
telephone to: GM Fulfillment  Center,  30200 Stephenson Hwy., (MC  480-000-FC1),
Madison Heights, Mich. 48071.  Telephone:  (313) 667-1500,  menu option #2. This
communication  shall not constitute an offer to sell or the  solicitation  of an
offer to buy,  nor shall there be any sale of  securities  in any state in which
offer,  solicitation  or  sale  would  be  unlawful  prior  to  registration  or
qualification  under the  securities  laws of any such  state.  No  offering  of
securities  shall  be  made  except  by  means  of  a  prospectus   meeting  the
requirements of Section 10 of the Securities Act of 1933, as amended.  Inquiries
from the news  media  should  be  directed  to GM  Corporate  Communications  at
212-418-6380.