8-K 1 np8k12-7.txt NOVEMBER PRODUCTION AND ESTIMATES 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 7, 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 -------------- On December 7, 2000, General Motors Corporation's (GM) issued the following November monthly production and estimates for fourth quarter 2000 and first quarter 2001. The release is as follows: ITEM 5. OTHER ITEMS GM Announces November Monthly Production, Estimates for 4th Quarter 2000 and 1st Quarter 2001 DETROIT -- General Motors Corp. today announced its November 2000 monthly production totaled 459,000 vehicles (229,000 cars and 230,000 trucks) in the United States, Canada and Mexico. In November 1999, GM produced 493,000 vehicles (267,000 cars and 226,000 trucks) in North America. In addition, the North American fourth-quarter estimate was decreased to 1,373,000 vehicles (676,000 cars and 697,000 trucks) from last month's 1,378,000 vehicles (674,000 cars and 704,000 trucks). For the first quarter of 2001, GM estimates it will produce 1,301,000 vehicles (635,000 cars and 666,000 trucks) in North America. In the first quarter of 2000, GM produced 1,521,000 vehicles (746,000 cars and 775,000 trucks). Additionally, GM estimates 2000 fourth-quarter and 2001 first-quarter production for its international regions to come in at: - GM Europe - 519,000 vehicles in the fourth quarter of 2000, from 530,000 in the fourth quarter of 1999. The first quarter of 2001 estimate is 574,000; production was 572,000 in the first quarter of 2000. - GM Asia Pacific - 73,000 vehicles in the fourth quarter of 2000, from 47,000 in the fourth quarter of 1999. The first quarter of 2001 estimate is 61,000; production was 40,000 in the first quarter of 2000. - GM Latin America, Africa and the Middle East - 138,000 vehicles in the fourth quarter of 2000, from 97,000 in the fourth quarter of 1999. The first quarter of 2001 estimate is 130,000; production was 118,000 in the first quarter of 2000. 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 judgement on what the future may hold, and we believe these judgements 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 II-20) 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. # # # GM Worldwide Production Schedule - 12/00 -------- ----- ------ ----- --------- Total Units GMNA GME GMLAAM GMAP Worldwide 000s -------- ----- ------ ----- --------- 2000 Q4 1,373 519 138 73 2,103 O/(U) prior forecast:@ (5) (7) (3) (2) (17) -------- ----- ------ ----- --------- Total Units GMNA GME GMLAAM GMAP Worldwide 000s -------- ----- ------ ----- --------- 1997 1st Qtr. 1,442 472 130 32 2,076 2nd Qtr. 1,459 521 162 33 2,175 3rd Qtr. 1,269 417 170 31 1,887 4th Qtr. 1,458 464 142 37 2,101 CY 5,628 1,873 604 133 8,238 1998 1st Qtr. 1,375 424 146 36 1,981 2nd Qtr. 1,172 479 153 39 1,843 3rd Qtr. 1,002 440 137 37 1,616 4th Qtr. 1,510 522 89 36 2,157 CY 5,059 1,864 525 148 7,596 1999 1st Qtr. 1,506 524 93 38 2,161 2nd Qtr. 1,555 533 110 25 2,223 3rd Qtr. 1,359 427 112 47 1,945 4th Qtr. 1,453 530 97 47 2,127 CY 5,873 2,014 412 157 8,456 2000 1st Qtr. 1,521 572 118 40 2,251 2nd Qtr. 1,568 534 140 44 2,286 3rd Qtr. 1,319 374 151 52 1,896 4th Qtr. # 1,373 519 138 73 2,103 CY # 5,781 1,999 547 209 8,536 2001 1st Qtr. # 1,301 574 130 61 2,066 Qtr.# -------------------------------------- @ Numbers may vary due to rounding * GME Production includes Saab back to 1999 # Denotes estimate 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. 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 judgement on what the future may hold, and we believe these judgements are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent reports on SEC Form 10-K (at page II-20) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: change 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. GENERAL MOTORS CORPORATION NOVEMBER, 2000 PRODUCTION REPORT - MONTHLY PERFORMANCE & QUARTERLY FORECAST
-------------------- -------------------- -------------------- ------ ----- ------ United States Canada Mexico Total Total Total Memo: * -------------------- -------------------- -------------------- ----------- (Units 000's) Car* Truck Total Car* Truck* Total Car Truck Total Car Truck NAO NUMMI CAMI -------------------- -------------------- -------------------- ------ ----- ------ ----------- NOVEMBER ACTUAL ---------------------------------- -------------------- -------------------- ------ ----- ------ November-00 152 167 319 61 37 98 16 26 42 229 230 459 4 9 November-99 185 182 367 65 37 102 17 7 24 267 226 493 4 10 ------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----------- 00 O/(U) 99 (33) (15) (48) (4) 0 (4) (1) 19 18 (38) 4 (34) 0 (1) ---------------------------------- -------------------- -------------------- ------ ----- ------ ----------- QUARTER FORECAST ---------------------------------- -------------------- -------------------- ------ ----- ------ Q:4 2000 467 527 994 162 95 257 47 75 122 676 697 1,373 12 23 O/(U) prior ------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----------- forecast: 1 (6) (5) 1 (1) 0 0 0 0 2 (7) (5) 0 0 ---------------------------------- -------------------- -------------------- ------ ----- ------ ----------- ---------------------------------- -------------------- -------------------- ------ ----- ------ Q:1 2001 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14 O/(U) prior ------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----------- forecast: 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14 ---------------------------------- -------------------- -------------------- ------ ----- ------ ----------- -------------------- -------------------- -------------------- ------ ----- ------ HISTORY United States Canada Mexico Total Total Total Memo: * -------------------- -------------------- -------------------- ----------- (Units 000's) Car Truck Total Car Truck Total Car Truck Total Car Truck NAO NUMMI CAMI ---------------------------------- -------------------- -------------------- ------ ----- ------ ----------- 1999 1st Qtr 564 604 1,168 167 98 265 50 23 73 781 725 1,506 12 23 2nd Qtr 548 657 1,205 163 96 259 49 42 91 760 795 1,555 12 23 3rd Qtr 482 562 1,044 135 85 220 43 52 95 660 699 1,359 13 17 4th Qtr 550 576 1,126 164 94 258 45 24 69 759 694 1,453 12 26 ------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----- ----- CALYR 2,144 2,399 4,543 629 373 1,002 187 141 328 2,960 2,913 5,873 49 89 2000 1st Qtr (Act) 520 623 1,143 185 102 287 41 50 91 746 775 1,521 13 24 2nd Qtr (Act) 562 625 1,187 174 99 273 51 57 108 787 781 1,568 13 23 3rd Qtr (Act) 495 465 960 147 90 237 47 75 122 689 630 1,319 12 22 4th Qtr (Est) 467 527 994 162 95 257 47 75 122 676 697 1,373 12 23 ------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----- ----- CALYR (Est) 2,044 2,240 4,284 668 386 1,054 186 257 443 2,898 2,883 5,781 50 92 2001 1st Qtr (Est) 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14 ---------------------------------- -------------------- -------------------- ------ ----- ------ * NUMMI units included in U.S. Car: CAMI units included in Canada Car and Truck figures. International and worldwide production totals available on Page 2 of this release.
GENERAL MOTORS CORPORATION U.S. PASSENGER PRODUCTION MONTH OF: NOVEMBER, 2000
TOTAL UNITS 2000 2001 2000 ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000 ------------------------------------------------------------------------------------------------------------- BOWLING GREEN CHEVROLET Y CORVETTE 0 2,681 2,681 33,659 15,033 32,414 ----------------------------------------------------------------------------------------------------------- FAIRFAX PONTIAC W GRAND PRIX 0 14,106 14,106 172,811 68,533 158,697 OLDSMOBILE W INTRIGUE 0 4,729 4,729 80,511 22,743 56,980 ----------------------------------------------------------------------------------------------------------- HAMTRAMCK BUICK H LESABRE 0 6,979 6,979 118,519 36,782 86,395 CADILLAC K SEVILLE 0 2,449 2,449 34,592 14,625 26,141 CADILLAC K-Sp DEVILLE 0 7,900 7,900 98,456 43,077 112,279 ----------------------------------------------------------------------------------------------------------- LANSING "C" PONTIAC N GRAND AM 0 4,199 4,199 68,892 25,544 65,339 (South) OLDSMOBILE N ALERO 0 9,596 9,596 137,140 54,318 128,784 ----------------------------------------------------------------------------------------------------------- LANSING "M" PONTIAC N GRAND AM 0 11,140 11,140 186,963 71,590 175,052 (North) CHEVROLET P90 MALIBU 0 2,501 2,501 0 4,143 4,143 ----------------------------------------------------------------------------------------------------------- LANS CRAFT CTRCADILLAC E ELDORADO 0 662 662 5,433 6,011 11,444 ----------------------------------------------------------------------------------------------------------- LORDSTOWN CHEVROLET J CAVALIER 0 20,059 20,059 258,903 117,472 234,327 PONTIAC J SUNFIRE 0 6,849 6,849 100,494 41,888 86,759 ----------------------------------------------------------------------------------------------------------- OKLAHOMA CITY CHEVROLET P90 MALIBU 0 18,002 18,002 252,519 106,277 239,432 ----------------------------------------------------------------------------------------------------------- ORION BUICK C PARK AVENUE 0 3,163 3,163 52,322 20,377 42,438 BUICK H LESABRE 0 6,193 6,193 82,521 33,017 65,681 PONTIAC H BONNEVILLE 0 3,330 3,330 62,463 21,223 63,589 OLDSMOBILE G AURORA 0 1,438 1,438 0 39,229 37,697 ----------------------------------------------------------------------------------------------------------- WILMINGTON SATURN J LS/LW 0 7,752 7,752 104,232 36,099 78,883 ----------------------------------------------------------------------------------------------------------- SPRING HILL SATURN Z SC/SL/SW 0 14,571 14,571 170,189 96,689 163,437 ----------------------------------------------------------------------------------------------------------- TOTAL U.S. PASSENGER 0 148,299 148,299 2,040,567 874,670 1,871,032 ====== ======= ======= ========= ======== =========
GENERAL MOTORS CORPORATION U.S. TRUCK PRODUCTION MONTH OF: NOVEMBER, 2000
TOTAL UNITS 2000 2001 2000 ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000 ------------------------------------------------------------------------------------------------------------- ARLINGTON CHEVROLET TAHOE 4-DR (420) 0 11,844 11,844 27,148 23,743 35,359 GMC YUKON 4-DR (420) 0 40 40 18,114 204 7,321 ----------------------------------------------------------------------------------------------------------- BALTIMORE CHEVROLET ASTRO (M) VAN 0 5,100 5,100 120,541 22,930 85,917 GMC SAFARI (M) VAN 0 1,871 1,871 45,729 8,540 30,691 ----------------------------------------------------------------------------------------------------------- DORAVILLE CHEVROLET VENTURE 0 10,206 10,206 131,377 53,633 123,568 PONTIAC MONTANA 0 8,483 8,483 93,617 40,643 86,491 OLDSMOBILE SILHOUETTE 0 3,109 3,109 45,966 15,762 36,149 ----------------------------------------------------------------------------------------------------------- FLINT CHEVROLET C/K PICKUP 0 2,540 2,540 56,127 5,291 33,671 GMC SIERRA PICKUP 0 483 483 21,021 1,446 11,932 CHEVROLET C/K CREW CAB (480) 0 2,786 2,786 33,071 6,587 23,362 GMC SIERRA CREW CAB (480) 0 1,082 1,082 10,776 2,293 7,667 ----------------------------------------------------------------------------------------------------------- FT. WAYNE CHEVROLET SILVERADO PICKUP 0 15,561 15,561 201,338 78,502 177,609 GMC SIERRA PICKUP 0 4,733 4,733 70,613 21,512 57,852 ----------------------------------------------------------------------------------------------------------- JANESVILLE #1 CHEVROLET TAHOE 4-DR 0 8,125 8,125 78,307 50,263 125,323 GMC YUKON 4-DR 0 6,109 6,109 31,196 23,082 52,907 CHEVROLET SUBURBAN 0 1,320 1,320 1,263 5,232 6,398 GMC YUKON XL 0 1,426 1,426 1,027 3,768 4,689 ----------------------------------------------------------------------------------------------------------- JANESVILLE #2 CHEVROLET KODIAK MEDIUM 0 460 460 9,564 1,217 6,152 GMC TOPKICK MEDIUM 0 563 563 25,474 2,290 17,541 ----------------------------------------------------------------------------------------------------------- JANESVILLE #3 CHEV/GMC W-4 (LIGHT) 0 423 423 6,300 2,098 5,617 ----------------------------------------------------------------------------------------------------------- LINDEN CHEVROLET S10-PICKUP (325) 0 6,551 6,551 95,520 33,204 79,945 GMC SONOMA PICKUP (325) 0 1,366 1,366 13,055 6,109 14,046 CHEVROLET BLAZER (330) 0 5,352 5,352 78,790 29,121 68,657 GMC JIMMY (330) 0 2,239 2,239 13,804 8,218 17,303 ----------------------------------------------------------------------------------------------------------- MORAINE CHEVROLET BLAZER 0 12,200 12,200 188,018 72,253 169,701 GMC JIMMY 0 6,371 6,371 86,068 33,766 80,544 OLDSMOBILE BRAVADA 0 2,166 2,166 33,184 9,639 29,454 ----------------------------------------------------------------------------------------------------------- PONTIAC EAST CHEVROLET SILVERADO PICKUP 0 18,954 18,954 250,455 87,644 221,893 GMC SIERRA PICKUP 0 5,149 5,149 85,107 22,650 64,078 ----------------------------------------------------------------------------------------------------------- SHREVEPORT CHEVROLET S10-PICKUP (325) 0 9,711 9,711 162,628 58,868 148,531 GMC SONOMA PICKUP (325) 0 3,055 3,055 53,011 16,367 44,094 ----------------------------------------------------------------------------------------------------------- WENTZVILLE CHEVROLET EXPRESS (G) VAN 0 5,859 5,859 131,179 52,276 121,928 GMC SAVANA (G) VAN 0 1,746 1,746 51,730 16,126 41,223 ----------------------------------------------------------------------------------------------------------- TOTAL U.S. TRUCK 0 167,132 167,132 2,363,727 815,625 2,086,575 ====== ======== ========= ========== ======== ========= ----------------------------------------------------------------------------------------------------------- TOTAL U.S. CAR & TRUCK 0 315,431 315,431 4,404,294 1,690,295 3,957,607 -----------------------------------------------------------------------------------------------------------
GENERAL MOTORS CORPORATION CANADA PASSENGER AND TRUCK PRODUCTION MONTH OF: NOVEMBER, 2000
CANADA PASSENGER PRODUCTION: TOTAL UNITS 2000 2001 2000 ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000 ------------------------------------------------------------------------------------------------------------- OSHAWA #1 CHEVROLET W IMPALA 0 19,977 19,977 221,173 95,438 193,938 CHEVROLET W MONTE CARLO 0 6,282 6,282 64,347 33,940 71,299 OSHAWA #2 BUICK W CENTURY/REGAL 0 20,393 20,393 222,981 103,548 220,943 CHEVROLET W LUMINA 0 5,781 5,781 37,493 21,562 41,777 STE. THERESE CHEVROLET F CAMARO 0 3,507 3,507 45,461 17,079 40,550 PONTIAC F FIREBIRD 0 2,629 2,629 31,826 12,478 28,588 ----------------------------------------------------------------------------------------------------------- TOTAL CANADA PASSENGER 0 58,569 58,569 623,281 284,045 597,095 ====== ====== ======= ======== ======== ========= CANADA TRUCK PRODUCTION: OSHAWA TRUCK CHEVROLET SILVERADO PICKUP 0 21,833 21,833 242,530 101,282 231,656 GMC SIERRA PICKUP 0 8,378 8,378 66,590 34,116 69,003 ----------------------------------------------------------------------------------------------------------- TOTAL CANADA TRUCK 0 30,211 30,211 309,120 135,398 300,659 ====== ======= ======= ======== ======== ======== ----------------------------------------------------------------------------------------------------------- TOTAL CANADA CAR & TRUCK 0 88,780 88,780 932,401 419,443 897,754 ----------------------------------------------------------------------------------------------------------- ----------------------------------------------------------------------------------------------------------- TOTAL NAO - PASSENGER 0 222,761 222,761 2,835,486 1,225,973 2,639,447 TOTAL NAO - TRUCK 14 223,063 223,077 2,812,847 1,071,103 2,621,966 ----------------------------------------------------------------------------------------------------------- TOTAL G.M. NORTH AMERICAN OPERATIONS 14 445,824 445,838 5,648,333 2,297,076 5,261,413 -----------------------------------------------------------------------------------------------------------
# # # 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 December 8, 2000 ------------------ By /s/Peter R. Bible ------------------------------- (Peter R. Bible, Chief Accounting Officer)