-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, K7Me0R8Wg2+jxmoK+OB46ZkIJ/LesIOb7Xli6ME3icxQV6Zi2so1TLsYa54G37AY I16mX4KHbRdXBcuiuvSURQ== /in/edgar/work/0000040730-00-000119/0000040730-00-000119.txt : 20000927 0000040730-00-000119.hdr.sgml : 20000927 ACCESSION NUMBER: 0000040730-00-000119 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20000915 ITEM INFORMATION: FILED AS OF DATE: 20000922 FILER: COMPANY DATA: COMPANY CONFORMED NAME: GENERAL MOTORS CORP CENTRAL INDEX KEY: 0000040730 STANDARD INDUSTRIAL CLASSIFICATION: [3711 ] IRS NUMBER: 380572515 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: SEC FILE NUMBER: 001-00143 FILM NUMBER: 727214 BUSINESS ADDRESS: STREET 1: 300 RENAISSANCE CTR STREET 2: MAIL CODE: 482-C34-D71 CITY: DETROIT STATE: MI ZIP: 48265-3000 BUSINESS PHONE: 3135565000 MAIL ADDRESS: STREET 1: 300 RENAISSANCE CTR STREET 2: MAIL CODE: 482-C34-D71 CITY: DETROIT STATE: MI ZIP: 48265 8-K 1 0001.txt PR RE AIMI/GM JOINT VENTURE 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) September 15, 2000 ------------------ 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 -------------- - 1 - ITEM 5. OTHER EVENTS On September 15, 2000, General Motors Corporation (GM) and American Isuzu Motors Inc. (AIMI) issued a press release to announce a joint venture to consolidate Isuzu and General Motors medium-duty commercial vehicle sales, service, and marketing functions in the United States. The release is as follows: American Isuzu Motors Inc. And General Motors Corporation Announce New Commercial Vehicle Sales Organization CERRITOS, Calif. --- American Isuzu Motors Inc. (AIMI) and General Motors Corp. (GM) today announced a joint venture to consolidate Isuzu and General Motors medium-duty commercial vehicle sales, service and marketing functions in the United States. The new company, which will be known as General Motors Isuzu Commercial Truck, LLC (GMICT), is designed to better meet dealer and customer needs, ensuring long-term growth and profitability in the medium-duty commercial vehicle segment. The new venture will be based in Cerritos, Calif., and will have a business center in Pontiac, Mich. and regional offices around the country. Ownership of the venture will be shared 51% Isuzu and 49% GM and managed by a five-person board consisting of two Isuzu representatives, two GM representatives and James C. Underwood, who has been elected President, Chief Operating Officer of General Motors Isuzu Commercial Truck. The new organization was created to take advantage of established strengths of both companies and will seek improved operational efficiencies for the Chevrolet, GMC and Isuzu dealer networks. The Chevrolet, GMC and Isuzu brands will remain intact and advertising and sales promotion will be developed and implemented jointly. GMICT will benefit from Isuzu's expertise in the commercial vehicle market, its flexible and responsive organization, and strong retail marketing approach. Likewise, the new company will benefit from General Motors' strong product portfolio and strong brand management system. With the combined Chevrolet, GMC and Isuzu medium-duty truck dealers, the new company will serve over 750 total dealerships. In 1999 this group represented a combined total sales of approximately 55,000 medium-duty (Class 3-7) trucks. General Motors Isuzu Commercial Truck will also draw upon Isuzu's industry-leading sales, technical and engineering support to enable dealers to provide their customers with a high level of service. General Motors Isuzu Commercial Truck is the latest in the cooperative and successful business practices General Motors and the Isuzu companies began in 1971. This new venture, which will commence business today, September 15, 2000, will position General Motors and Isuzu to respond to worldwide automotive consolidations and increasing competitive pressure from domestic and import truck manufacturers. # # # - 2 - 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 September 22, 2000 ------------------ By /s/Peter R. Bible ------------------------------- (Peter R. Bible, Chief Accounting Officer) - 3 - -----END PRIVACY-ENHANCED MESSAGE-----