8-K 1 sep01sales-prod8k100201.txt SEPTEMBER SALES 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) October 2, 2001 --------------- 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 October 2, 2001, General Motors Corporation (GM) issued a news release announcing September and third quarter production results and fourth quarter forecast. The release is as follows: Industry on Track for Third-Best Sales Year - GM SUVs on Industry Record Pace - GM September Truck Sales up 10%, GM Car Sales Off 14% - Overall September Sales Down 3% GM Announces September and 3rd Quarter Production Results and 4th Quarter Estimates DETROIT -- General Motors dealers sold 388,365 new cars and trucks in September in the United States, a 3 percent decline from September 2000. Industry sales -- obviously adversely impacted by the terrorist attacks of September 11, 2001 -- appear to be performing stronger than expected, keeping the industry on pace for the third-best year ever. "As the leading U.S. automaker, we have a responsibility to help stimulate the economy by making it easier and more affordable for Americans to buy our vehicles," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "Consumers, by their actions, have provided a great deal of encouragement for our retail program "Keep America Rolling." And, we are pleased and gratified by the positive response of our dealer network and the way they are actively supporting this program." Lovejoy continued, "The message is clear for all Americans in the weeks and months ahead -- business and consumers need to pull together to strengthen our nation's confidence and to keep the economy moving forward. At General Motors, we are working closely with our dealers to keep pushing to build sales and we have every reason to maintain our long-term confidence in the U.S. economy and we are committed to doing what we can to keep the economy strong and to improve consumer confidence." GM SALES HIGHLIGHTS ------------------- GM sales were up six percent in the first ten days of September versus last year, then declined significantly following September 11th before increasing 22 percent in the last week of the month. GM increased its truck leadership with 205,710 sales in September, led by the strength of its midsize utilities, full-size utilities and full-size pickups. The strongest results in September came once again from sport utility vehicle (SUV) sales, keeping GM on pace to set an all-time industry SUV calendar year record. GM's full-size utilities (44,381 units - up 33% over last year) dominated the industry once again in September led by the Chevrolet Tahoe, GMC Yukon, Yukon XL as well as increased sales of the all-new Cadillac Escalade. GM's all-new midsize SUVs, the Chevrolet TrailBlazer, GMC Envoy, Oldsmobile Bravada and Buick Rendezvous continued to gain sales momentum (34,385 units), increasing GM's midsize utility sales by 36% from last September. GM maintained its leadership in full-size pickups in September (81,874 units - up 23% over last year) and is on pace for the best year since 1978. New and innovative entries Buick Rendezvous, Chevrolet Avalanche and Cadillac Escalade are increasing in availability and GM expects its strong truck performance to continue in the fourth quarter. GM reported another positive sales month of approximately 12,400 total used certified vehicles, including the Cadillac and Saturn certified brands. The GM Certified Used Vehicle brand achieved record numbers for the fourth consecutive month (9,893 units). -------------------------------------------------------------------------------- September Sales Records Third Quarter Records ----------------------- --------------------- Chevrolet Impala Chevrolet Impala Buick Lesabre Saab 9-5 GM Full-Size Pickups Chevrolet Trucks GM Utilities GM Utilities GM Midsize Utilities GM Midsize Utilities GM Full-Size Utilities GM Full-Size Utilities Chevrolet Full-Size Utilities Chevrolet Full-Size Utilities Chevrolet Tahoe Chevrolet Tahoe GMC Yukon and Yukon XL GMC Yukon and Yukon XL Cadillac Escalade Cadillac Escalade CYTD Records ------------ Chevrolet Impala GM Utilities Chevrolet Utilities GMC Utilities GM Midsize Utilities GM Full-Size Utilities Chevrolet Suburban Chevrolet Tahoe GMC Yukon and Yukon XL Cadillac Escalade -------------------------------------------------------------------------------- Due to relative marketplace uncertainties in the near term, GM is modestly revising its outlook for U.S. industry vehicle sales for the 2001 calendar year to the mid-16 million unit level, with expectations that retail vehicle sales will hold up reasonably well through the fourth quarter. Additionally, GM is revising its U.S. industry sales forecast for 2002 calendar year to between 15.5 - 16 million vehicle sales. GM Announces September and 3rd-Quarter Production Results, 4th-Quarter 2001 Estimate --------------------------------------------------------------------------- In September, GM produced 448,000 vehicles (210,000 cars and 238,000 trucks) in North America, down from 499,000 vehicles (255,000 cars and 244,000 trucks) produced in September 2000. (Production totals include joint venture production of 8,000 vehicles in September 2001 and 12,000 vehicles in September 2000.) In the third quarter, GM produced 1.237 million vehicles (573,000 cars and 664,000 trucks) in North America, down from 1.319 million vehicles (689,000 cars and 630,000,000 trucks) produced in the third quarter of 2000. Additionally, GM modestly reduced its fourth-quarter production estimate to a range of 1.270 million to 1.290 million vehicles, a reduction of about 30-50,000 below its most recent estimate and about 5-7 percent below last year. GM's forecast revision is the result of a reduction in overtime and reduced orders from daily rental companies. GM also announced the following production estimates for its international regions: - GM Europe - The fourth-quarter estimate is 439,000 vehicles, up from the previous estimate of 436,000 vehicles. - GM Asia Pacific - The fourth-quarter estimate is 83,000 vehicles, down from the previous estimate of 84,000 vehicles. - GM Latin America, Africa and the Middle East - The fourth-quarter estimate is 145,000 vehicles, down from the previous estimate of 154,000 vehicles. As the company continues to monitor consumer confidence and the economy, it will make appropriate changes to its sales and production estimates. GM expects to provide any update when it reports third-quarter financial results on October 18, 2001. Note: GM sales and production results are available on GM Media Online at http://media.gm.com by clicking on the Sales/Production icon. ------------------- 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. # # # 2-1P GM Car Deliveries - (United States) September 2001 ----------------------------------------------------------------------------- Calendar Year-to-Date (1) September January - September ------------------------ ------------------------- %Chg 2001 2000 per S/D 2001 2000 %Chg ------------------------ ------------------------- Selling Days (S/D) 24 25 ----------------------------------------------------------------------------- Century 13,965 12,265 18.6 108,291 118,915 -8.9 LeSabre 11,862 14,259 -13.3 110,915 115,632 -4.1 Park Avenue 2,661 3,948 -29.8 26,694 36,232 -26.3 Regal 3,791 6,677 -40.9 39,807 51,103 -22.1 Riviera 1 1 4.2 4 41 -90.2 Buick Total 32,280 37,150 -9.5 285,711 321,923 -11.2 ----------------------------------------------------------------------------- Catera 602 1,240 -49.4 8,832 13,720 -35.6 DeVille 9,722 10,734 -5.7 70,861 84,610 -16.2 Eldorado 1,357 1,443 -2.0 7,509 9,019 -16.7 Seville 2,434 3,677 -31.0 17,942 22,250 -19.4 Cadillac Total 14,115 17,094 -14.0 105,144 129,599 -18.9 ----------------------------------------------------------------------------- Camaro 3,235 3,610 -6.7 25,574 33,652 -24.0 Cavalier 17,577 18,059 1.4 174,109 186,202 -6.5 Corvette 3,639 2,942 28.8 24,450 23,750 2.9 Impala 17,480 15,526 17.3 150,599 136,866 10.0 Lumina 27 3,609 -99.2 17,584 32,156 -45.3 Malibu 14,138 16,799 -12.3 145,575 170,479 -14.6 Metro 9 2,618 -99.6 6,473 27,053 -76.1 Monte Carlo 7,166 5,596 33.4 54,072 53,860 0.4 Prizm 2,321 4,371 -44.7 38,990 41,585 -6.2 Chevrolet Total 65,592 73,130 -6.6 637,426 705,603 -9.7 ----------------------------------------------------------------------------- Alero 7,643 9,174 -13.2 90,786 99,407 -8.7 Aurora 1,824 2,515 -24.5 19,954 20,122 -0.8 Cutlass 0 22 ***.* 19 1,176 -98.4 Cutlass Supreme 0 0 ***.* 0 0 ***.* Eighty Eight 1 4 -74.0 4 443 -99.1 Intrigue 3,428 6,813 -47.6 32,472 50,957 -36.3 Oldsmobile Total 12,896 18,528 -27.5 143,235 172,105 -16.8 ----------------------------------------------------------------------------- Bonneville 4,193 6,523 -33.0 37,856 48,430 -21.8 Firebird 2,423 2,581 -2.2 18,648 25,123 -25.8 Grand Am 16,310 21,264 -20.1 148,565 173,649 -14.4 Grand Prix 10,859 12,991 -12.9 95,982 120,967 -20.7 Sunfire 4,118 7,036 -39.0 56,935 66,135 -13.9 Pontiac Total 37,903 50,395 -21.7 357,986 434,304 -17.6 ----------------------------------------------------------------------------- 900 0 1 ***.* 0 58 ***.* 9000 0 0 ***.* 0 18 ***.* 9-3 1,576 1,383 18.7 14,042 15,126 -7.2 9-5 1,499 2,397 -34.9 13,372 13,712 -2.5 Saab Total 3,075 3,781 -15.3 27,414 28,914 -5.2 ----------------------------------------------------------------------------- Saturn EV1 0 166 ***.* 0 411 ***.* Saturn L Series 5,673 6,581 -10.2 75,371 74,699 0.9 Saturn S Series 11,121 14,771 -21.6 124,856 141,394 -11.7 Saturn Total 16,794 21,518 -18.7 200,227 216,504 -7.5 ----------------------------------------------------------------------------- GM Total 182,655 221,596 -14.1 1,757,143 2,008,952 -12.5 ----------------------------------------------------------------------------- GM Car Deliveries by Production Source ----------------------------------------------------------------------------- GM North America * 178,978 216,575 -13.9 1,720,897 1,966,318 -12.5 ----------------------------------------------------------------------------- GM Import 3,677 5,021 -23.7 36,246 42,634 -15.0 ----------------------------------------------------------------------------- GM Total 182,655 221,596 -14.1 1,757,143 2,008,952 -12.5 ----------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 2-1P GM Car Deliveries - (United States) September 2001 ----------------------------------------------------------------------------- Calendar Year-to-Date (1) September January - September ------------------------ ------------------------- %Chg 2001 2000 per S/D 2001 2000 %Chg ------------------------ ------------------------- Selling Days (S/D) 24 25 ----------------------------------------------------------------------------- GM Car Deliveries by Production Source and Marketing Division ----------------------------------------------------------------------------- Buick Total 32,280 37,150 -9.5 285,711 321,923 -11.2 Cadillac Total 13,513 15,854 -11.2 96,312 115,879 -16.9 Chevrolet Total 65,592 73,130 -6.6 637,426 705,603 -9.7 Oldsmobile Total 12,896 18,528 -27.5 143,235 172,105 -16.8 Pontiac Total 37,903 50,395 -21.7 357,986 434,304 -17.6 Saturn Total 16,794 21,518 -18.7 200,227 216,504 -7.5 GM North America Total* 178,978 216,575 -13.9 1,720,897 1,966,318 -12.5 ----------------------------------------------------------------------------- Cadillac Total 602 1,240 -49.4 8,832 13,720 -35.6 Saab Total 3,075 3,781 -15.3 27,414 28,914 -5.2 GM Import Total 3,677 5,021 -23.7 36,246 42,634 -15.0 ----------------------------------------------------------------------------- GM Vehicle Deliveries by Marketing Division ----------------------------------------------------------------------------- Buick Total 36,845 37,150 3.3 300,654 321,923 -6.6 Cadillac Total 16,945 19,396 -9.0 124,973 148,390 -15.8 Chevrolet Total 212,075 213,515 3.5 1,957,652 2,047,653 -4.4 GMC Total 41,500 40,855 5.8 391,757 411,525 -4.8 Hummer Total 44 65 -29.5 571 714 -20.0 Oldsmobile Total 16,782 22,636 -22.8 189,470 224,637 -15.7 Other-Isuzu Total 1,024 0 ***.* 11,856 0 ***.* Pontiac Total 43,281 57,154 -21.1 418,899 486,771 -13.9 Saab Total 3,075 3,781 -15.3 27,414 28,914 -5.2 Saturn Total 16,794 21,518 -18.7 200,227 216,504 -7.5 GM Total 388,365 416,070 -2.8 3,623,473 3,887,031 -6.8 ----------------------------------------------------------------------------- * Includes US/Canada/Mexico 3-1P GM Truck Deliveries - (United States) September 2001 ----------------------------------------------------------------------------- Calendar Year-to-Date (1) September January - September ------------------------ ------------------------- %Chg 2001 2000 per S/D 2001 2000 %Chg ------------------------ ------------------------- Selling Days (S/D) 24 25 ----------------------------------------------------------------------------- Rendezvous 4,565 0 ***.* 14,943 0 ***.* Total Buick 4,565 0 ***.* 14,943 0 ***.* ----------------------------------------------------------------------------- Escalade 2,830 2,302 28.1 19,829 18,791 5.5 Total Cadillac 2,830 2,302 28.1 19,829 18,791 5.5 ----------------------------------------------------------------------------- Astro 3,847 6,633 -39.6 46,828 76,829 -39.0 C/K Suburban(Chevy) 13,611 11,081 27.9 108,737 100,683 8.0 Chevy C/T Series 277 478 -39.6 4,597 6,679 -31.2 Chevy P Models & Mtr Hms 13 38 -64.4 73 546 -86.6 Chevy W Series 104 244 -55.6 1,462 1,793 -18.5 Express Cutaway/G Cut 1,546 1,598 0.8 12,163 16,185 -24.9 Express Panel/G Van 4,413 7,025 -34.6 49,584 61,818 -19.8 Express/G Sportvan 727 1,487 -49.1 12,128 11,835 2.5 S/T Blazer 7,987 16,676 -50.1 124,401 179,889 -30.8 S/T Pickup 10,430 16,400 -33.8 124,904 171,481 -27.2 Tahoe 16,320 12,635 34.5 144,506 107,918 33.9 Tracker 3,735 4,014 -3.1 40,563 37,944 6.9 TrailBlazer 12,752 0 ***.* 55,687 0 ***.* Venture 6,210 8,004 -19.2 69,177 76,470 -9.5 ............................................................................. Avalanche 7,639 0 ***.* 23,073 0 ***.* Silverado-C/K Pickup 56,872 54,072 9.6 502,343 491,980 2.1 Chevrolet Fullsize Pickups 64,511 54,072 24.3 525,416 491,980 6.8 ............................................................................. Chevrolet Total 146,483 140,385 8.7 1,320,226 1,342,050 -1.6 ----------------------------------------------------------------------------- C/K Suburban(GMC) 3 55 -94.3 34 4,701 -99.3 Envoy 4,657 0 ***.* 26,826 0 ***.* GMC C/T Series 517 1,027 -47.6 9,656 18,527 -47.9 GMC W Series 414 380 13.5 3,233 3,471 -6.9 P Models & Mtr Hms(GMC) 0 13 ***.* 15 424 -96.5 S/T Jimmy 928 6,163 -84.3 28,688 60,996 -53.0 Safari (GMC) 1,097 2,160 -47.1 14,900 26,630 -44.0 Savana Panel/G Classic 1,627 2,246 -24.5 18,631 24,009 -22.4 Savana Special/G Cut 495 587 -12.2 8,716 7,559 15.3 Savana/Rally 159 321 -48.4 1,968 2,988 -34.1 Sierra 17,363 15,251 18.6 144,320 146,344 -1.4 Sonoma 2,667 4,051 -31.4 32,121 40,349 -20.4 Yukon 5,732 4,531 31.8 54,676 41,199 32.7 Yukon XL 5,841 4,070 49.5 47,973 34,328 39.7 GMC Total 41,500 40,855 5.8 391,757 411,525 -4.8 ----------------------------------------------------------------------------- Hummer H1 44 65 -29.5 571 714 -20.0 Hummer Total 44 65 -29.5 571 714 -20.0 ----------------------------------------------------------------------------- Bravada 1,619 1,453 16.1 16,948 23,053 -26.5 Silhouette 2,267 2,655 -11.1 29,287 29,479 -0.7 Oldsmobile Total 3,886 4,108 -1.5 46,235 52,532 -12.0 ----------------------------------------------------------------------------- Other-Isuzu F Series 185 0 ***.* 1,715 0 ***.* Other-Isuzu N Series 839 0 ***.* 10,141 0 ***.* Other-Isuzu Total 1,024 0 ***.* 11,856 0 ***.* ----------------------------------------------------------------------------- Aztek 1,877 2,009 -2.7 22,018 3,755 486.4 Montana 3,501 4,747 -23.2 38,895 48,675 -20.1 Trans Sport 0 3 ***.* 0 37 ***.* Pontiac Total 5,378 6,759 -17.1 60,913 52,467 16.1 ----------------------------------------------------------------------------- GM Total 205,710 194,474 10.2 1,866,330 1,878,079 -0.6 ----------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source ----------------------------------------------------------------------------- GM North America * 204,713 194,070 9.9 1,854,706 1,874,489 -1.1 ----------------------------------------------------------------------------- GM Import 997 404 157.1 11,624 3,590 223.8 ----------------------------------------------------------------------------- GM Total 205,710 194,474 10.2 1,866,330 1,878,079 -0.6 ----------------------------------------------------------------------------- GM Light Duty Truck Deliveries by Production Source ----------------------------------------------------------------------------- GM North America * 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ----------------------------------------------------------------------------- GM Import 0 0 ***.* 0 0 ***.* ----------------------------------------------------------------------------- GM Total 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ----------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 3-1P GM Truck Deliveries - (United States) September 2001 ----------------------------------------------------------------------------- Calendar Year-to-Date (1) September January - September ------------------------ ------------------------- %Chg 2001 2000 per S/D 2001 2000 %Chg ------------------------ ------------------------- Selling Days (S/D) 24 25 ----------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source and Marketing Division ----------------------------------------------------------------------------- Buick Total 4,565 0 ***.* 14,943 0 ***.* Cadillac Total 2,830 2,302 28.1 19,829 18,791 5.5 Chevrolet Total 146,403 140,203 8.8 1,319,216 1,340,745 -1.6 GMC Total 41,307 40,633 5.9 389,925 409,240 -4.7 Hummer Total 44 65 -29.5 571 714 -20.0 Oldsmobile Total 3,886 4,108 -1.5 46,235 52,532 -12.0 Other-Isuzu Total 300 0 ***.* 3,074 0 ***.* Pontiac Total 5,378 6,759 -17.1 60,913 52,467 16.1 GM North America Total* 204,713 194,070 9.9 1,854,706 1,874,489 -1.1 ----------------------------------------------------------------------------- Chevrolet Total 80 182 -54.2 1,010 1,305 -22.6 GMC Total 193 222 -9.4 1,832 2,285 -19.8 Other-Isuzu Total 724 0 ***.* 8,782 0 ***.* GM Import Total 997 404 157.1 11,624 3,590 223.8 ----------------------------------------------------------------------------- GM Light Truck Deliveries by Production Source and Marketing Division ----------------------------------------------------------------------------- Buick Total 4,565 0 ***.* 14,943 0 ***.* Cadillac Total 2,830 2,302 28.1 19,829 18,791 5.5 Chevrolet Total 146,089 139,625 9.0 1,314,094 1,333,032 -1.4 GMC Total 40,569 39,435 7.2 378,853 389,103 -2.6 Hummer Total 44 65 -29.5 571 714 -20.0 Oldsmobile Total 3,886 4,108 -1.5 46,235 52,532 -12.0 Pontiac Total 5,378 6,759 -17.1 60,913 52,467 16.1 GM North America Total* 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ----------------------------------------------------------------------------- GM Light Truck Deliveries by Marketing Division ----------------------------------------------------------------------------- Buick Total 4,565 0 ***.* 14,943 0 ***.* Cadillac Total 2,830 2,302 28.1 19,829 18,791 5.5 Chevrolet Total 146,089 139,625 9.0 1,314,094 1,333,032 -1.4 GMC Total 40,569 39,435 7.2 378,853 389,103 -2.6 Hummer Total 44 65 -29.5 571 714 -20.0 Oldsmobile Total 3,886 4,108 -1.5 46,235 52,532 -12.0 Pontiac Total 5,378 6,759 -17.1 60,913 52,467 16.1 GM Total 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ----------------------------------------------------------------------------- * Includes US/Canada/Mexico Detroit -- General Motors dealers in the United States today reported the following vehicle sales: ------------------------------------------------------------------------------- Calendar Year-to-Date September January - September ---------------------------- --------------------------- Curr S/D: 24 % Chg Prev S/D: 25 2001 2000 per S/D 2001 2000 % Chg -------------------------------------------------- --------------------------- Vehicle Total 388,365 416,070 -2.8 3,623,473 3,887,031 -6.8 ------------------------------------------------------------------------------- Car Total 182,655 221,596 -14.1 1,757,143 2,008,952 -12.5 ------------------------------------------------------------------------------- Truck Total 205,710 194,474 10.2 1,866,330 1,878,079 -0.6 ------------------------------------------------------------------------------- Light Truck Total 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ------------------------------------------------------------------------------- Light Vehicle Total 386,016 413,890 -2.8 3,592,581 3,855,591 -6.8 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Market Division Vehicle Total Calendar Year-to-Date September January - September ---------------------------- --------------------------- % Chg 2001 2000 per S/D 2001 2000 % Chg -------------------------------------------------- --------------------------- Buick 36,845 37,150 3.3 300,654 321,923 -6.6 Cadillac 16,945 19,396 -9.0 124,973 148,390 -15.8 Chevrolet 212,075 213,515 3.5 1,957,652 2,047,653 -4.4 GMC 41,500 40,855 5.8 391,757 411,525 -4.8 Hummer 44 65 -29.5 571 714 -20.0 Oldsmobile 16,782 22,636 -22.8 189,470 224,637 -15.7 Other - Isuzu 1,024 0 ***.* 11,856 0 ***.* Pontiac 43,281 57,154 -21.1 418,899 486,771 -13.9 Saab 3,075 3,781 -15.3 27,414 28,914 -5.2 Saturn 16,794 21,518 -18.7 200,227 216,504 -7.5 ------------------------------------------------------------------------------- Sales of Domestically Produced Vehicles ------------------------------------------------------------------------------- Car 178,978 216,575 -13.9 1,720,897 1,966,318 -12.5 ------------------------------------------------------------------------------- Light Truck 203,361 192,294 10.2 1,835,438 1,846,639 -0.6 ------------------------------------------------------------------------------- Twenty-four selling days for the September 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. Please Note: The Light sub-totals will be different than reported the prior year due to the implementation of 2001 Segmentation, which moved some Light Trucks to Medium. GM Production Schedule - 10/01 ------------------------------------------------------------------------------ GMNA ------------------- Total Memo: Units 000s Car* Truck* Total GME** GMLAAM GMAP Worldwide NUMMI CAMI ----- ----- ----- ----- ------ ---- --------- ----- ---- 2001 Q3 # 573 664 1,237 375 147 77 1,836 11 15 O/(U) prior forecast:@ 0 0 0 (3) 1 2 0 0 0 ------------------------------------------------------------------------------- 2001 Q4 # See footnote below 439 145 83 NA 9 16 O/(U) prior forecast:@ 3 (9) (1) NA 0 1 ------------------------------------------------------------------------------- GMNA ------------------- Total Memo: Units 000s Car Truck Total GME GMLAAM GMAP Worldwide NUMMI CAMI ----- ----- ----- ----- ------ ---- --------- ----- ---- 1997 1st Qtr. 797 645 1,442 472 130 32 2,076 16 30 2nd Qtr. 809 650 1,459 521 162 33 2,175 17 29 3rd Qtr. 712 557 1,269 417 170 31 1,887 13 21 4th Qtr. 765 693 1,458 464 142 37 2,101 11 18 ----- ----- ------ ----- ---- --- ------ -- -- CY 3,083 2,545 5,628 1,873 604 133 8,238 57 98 1998 1st Qtr. 673 702 1,375 424 146 36 1,981 16 10 2nd Qtr. 615 557 1,172 479 153 39 1,843 7 14 3rd Qtr. 592 410 1,002 440 137 37 1,616 11 3 4th Qtr. 819 691 1,510 522 89 36 2,157 12 18 ----- ----- ------ ----- --- --- ------ -- -- CY 2,699 2,360 5,059 1,864 525 148 7,596 46 45 1999 1st Qtr. 781 725 1,506 524 93 38 2,161 12 23 2nd Qtr. 760 795 1,555 533 110 25 2,223 12 23 3rd Qtr. 660 699 1,359 427 112 47 1,945 13 17 4th Qtr. 759 694 1,453 530 97 47 2,127 12 26 ----- ----- ----- ----- --- --- ------ -- -- CY 2,960 2,913 5,873 2,014 412 157 8,456 49 89 2000 1st Qtr. 746 775 1,521 572 118 40 2,251 13 24 2nd Qtr. 787 781 1,568 534 140 45 2,287 13 23 3rd Qtr. 689 630 1,319 374 151 53 1,897 12 22 4th Qtr. 670 694 1,364 513 135 47 2,059 12 23 ----- ----- ----- ----- --- --- ------ -- -- CY 2,892 2,880 5,772 1,993 544 185 8,494 50 92 2001 1st Qtr. 581 633 1,214 538 138 51 1,941 13 14 2nd Qtr. 638 726 1,364 491 165 64 2,084 13 16 3rd Qtr. # 573 664 1,237 375 147 77 1,836 11 15 4th Qtr. # See footnote below 439 145 83 NA 9 16 ----- --- --- ----- -- -- CY NA NA NA 1,843 595 275 NA 46 61 ----- ----- ----- ----- --- --- ----- -- -- Note: GM modestly reduced its fourth-quarter production estimate to a range of 1.270M - 1.290M units, a reduction of about 30-50,000 units below its most recent estimate and about 5-7% below last year. GM's forecast revision is the result of a reduction in overtime and reduced fleet volumes. @ Numbers may vary due to rounding * NUMMI units included in GMNA Car, CAMI units included in GMNA Car and Truck figures. ** 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. 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 -------------------------- October 2, 2001 --------------- By /s/Peter R. Bible -------------------------- (Peter R. Bible, Chief Accounting Officer)