8-K 1 february02sales-prod8k030102.txt FEBRUARY 2002 SALES AND PRODUCTION RELEASE 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) March 1, 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 March 1, 2002, General Motors Corporation (GM) issued a news release announcing February production results and first- and second-quarter schedules. The release is as follows: Record Truck Sales Lead GM To Another Strong Sales Month -------------------------------------------------------- - GM Total Sales Up Slightly Over Year Ago Levels - GM Sets All-Time Industry February Truck Sales Record - Retail Sales Up 8 Percent Over Last Year - Truck Sales Up 22 percent - Retail Truck Sales Up 27 Percent - Midsize Utilities Up 69 Percent Over Last Year GM Announces February Production Results, First- and Second-Quarter Schedules DETROIT -- General Motors dealers sold 411,111 new cars and trucks in February in the United States, up slightly over last year. GM's retail sales were up 8 percent over year ago levels due to a 27 percent increase in retail truck sales. GM car sales were down 19 percent with a portion of the decline being attributable to a 29 percent reduction in fleet volume. "Our sales were exceptional in February, exceeding our expectations despite a large reduction in daily rental fleet volume," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "Our retail sales through February have exceeded year ago levels, our inventories are in excellent shape and we continue to stabilize share. Our momentum is being driven by our gains on the truck side of the business and GM is running at an all-time industry record sales rate through February." Lovejoy continued, "The 'GM Overdrive' marketing campaign drove consumers into showrooms as evidenced by our February sales performance. Combined with the outstanding sales efforts of our dealers, we are well positioned to build on the momentum we achieved in 2001." GM Truck Sales -------------- For February, GM's industry leading truck lineup maintained its brisk growth with deliveries up 22 percent and set an all-time industry record for February truck sales (239,101). GM achieved midsize utility leadership with exceptional sales of the Chevrolet TrailBlazer (22,189) and the GMC Envoy (8,604). GM's combined mid-utility sales were 50,840 units, an increase of 69 percent over last February. Once again, GM continued its leadership in the full-size pickup market (90,506 units - up 26 percent) and also maintained its leadership in full-size utilities with sales up 14 percent (41,804 units). The new Cadillac EXT continued to increase its monthly sales and the all-new Saturn VUE achieved better than expected sales in February helping to strengthen GM's position in the small utility segment. GM Car Sales ------------ GM car sales were down 19 percent in February due in part to a 29 percent reduction in fleet volume. However, several GM cars had strong sales performances in February. Chevrolet Corvette continued its strong selling pace with 3,354 deliveries, an increase of 21 percent. Chevrolet Impala maintained its impressive sales (19,553), up 6 percent over last February. Pontiac Grand Prix increased 2 percent over last year and SAAB 9-3 increased 32 percent. With all-new vehicles Cadillac CTS and Escalade EXT, Saturn VUE and Pontiac Vibe currently arriving in dealerships and slated for full production within the next several months, GM is expecting to build momentum in calendar year '02 in the luxury and entry level markets. ------------------------------------------------------------------------------- February Sales Records CYTD Records ---------------------- ------------ SAAB Cars GM Trucks Chevrolet Impala Chevrolet Trucks Chevrolet Corvette GM Pickups GM Trucks Chevrolet Pickups Chevrolet Trucks GMC Sierra GM Pickups GM Utilities Chevrolet Pickups Chevrolet Utilities Chevrolet Silverado GMC Utilities GMC Sierra GM Small Utilities GM Utilities GM Mid utilities Chevrolet Utilities GM Full-Size Utilities GMC Utilities Chevrolet Full-Size Utilities GM Small Utilities Chevrolet Tahoe GM Mid Utilities GMC Full-Size Utilities GM Full-Size Utilities GMC Yukon Chevrolet Suburban Cadillac Escalade Chevrolet Tahoe GMC Yukon GMC Yukon XL Cadillac Escalade ------------------------------------------------------------------------------- Certified Used Sales -------------------- Once again GM gained momentum in the used car market, achieving approximately 21,600 total used certified vehicle sales for February, including the Cadillac, Saturn and SAAB certified brands. The GM Certified Used Vehicle brand had another stellar month, selling 18,028 units. Lovejoy commented on the success of GM's certified used vehicle programs. "We are continuing our pursuit to be the segment leader in Certified Used Vehicles. We have the strength and support of our dealer network and we fully expect to achieve this goal." GM Announces February Production Results, First- and Second-Quarter Schedules ----------------------------------------------------------------------------- In February, GM produced 463,000 vehicles (215,000 cars and 248,000 trucks) in North America, up 25 percent from 370,000 vehicles (172,000 cars and 198,000 trucks) produced in February 2001. (Totals include joint venture production of 8,000 vehicles in February and 8,000 vehicles in February 2001.) As a result of the stronger industry sales outlook and GM's performance in the retail market, GM's first-quarter production forecast, as announced on Feb. 25, will be 1.34 million vehicles (591,000 cars and 749,000 trucks). The previous estimate was 1.32 million vehicles (585,000 cars and 735,000 trucks). In the first quarter of 2001, GM produced 1.214 million vehicles (581,000 cars and 633,000 trucks). GM's second-quarter production forecast, also announced on Feb. 25, is 1.425 million vehicles (605,000 cars and 820,000 trucks). In the second quarter of 2001, GM produced 1.364 million vehicles (638,000 cars and 726,000 trucks). GM also announced the following production forecast information for its international regions: - GM Europe - First-quarter production is 459,000 vehicles, a reduction of 1,000 vehicles from the previous estimate. The second-quarter production forecast is 463,000 vehicles. - GM Asia Pacific - First-quarter production is 61,000 vehicles, an increase of 2,000 vehicles from the previous estimate. The second-quarter production forecast is 66,000 vehicles. - GM Latin America, Africa and the Middle East - First-quarter production is 135,000 vehicles, a reduction of 3,000 vehicles from the previous estimate. The second-quarter production forecast is 147,000 vehicles. 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 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. # # # Detroit -- General Motors dealers in the United States today reported the following vehicle sales: ------------------------------------------------------------------------------- Calendar Year-to-Date February January - February ---------------------------- --------------------------- Curr S/D: 24 % Chg Prev S/D: 24 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Vehicle Total 411,111 409,535 0.4 710,745 753,062 -5.6 ------------------------------------------------------------------------------- Car Total 172,010 213,121 -19.3 288,643 390,313 -26.0 ------------------------------------------------------------------------------- Truck Total 239,101 196,414 21.7 422,102 362,749 16.4 ------------------------------------------------------------------------------- Light Truck Total 236,294 193,186 22.3 417,000 357,026 16.8 ------------------------------------------------------------------------------- Light Vehicle Total 408,304 406,307 0.5 705,643 747,339 -5.6 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Market Division Vehicle Total Calendar Year-to-Date February January - February --------------------------- -------------------------- % Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Buick 34,260 30,520 12.3 53,595 57,084 -6.1 Cadillac 13,353 13,857 -3.6 24,795 25,092 -1.2 Chevrolet 235,788 225,866 4.4 416,936 409,237 1.9 GMC 47,880 40,916 17.0 82,920 75,314 10.1 Hummer 38 77 -50.6 90 169 -46.7 Oldsmobile 15,805 27,132 -41.7 26,863 51,886 -48.2 Other - Isuzu 921 1,206 -23.6 1,695 2,135 -20.6 Pontiac 42,734 47,236 -9.5 67,946 85,641 -20.7 Saab 2,699 2,348 14.9 4,274 4,662 -8.3 Saturn 17,633 20,377 -13.5 31,631 41,842 -24.4 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Sales of Domestically Produced Vehicles ------------------------------------------------------------------------------- Car 169,252 210,114 -19.4 284,255 384,288 -26.0 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Light Truck 236,294 193,186 22.3 417,000 357,026 16.8 ------------------------------------------------------------------------------- Twenty-four selling days for the February period this year and twenty-four 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) February 2002 --------------------------------------------------------------------------- Calendar Year-to-Date (1) February January - February ------------------------- ---------------------- %Chg 2002 2001 per S/D 2002 2001 % Chg -------------------------------------------------- Selling Days (S/D) 24 24 --------------------------------------------------------------------------- Century 12,608 10,089 25.0 17,655 19,615 -10.0 LeSabre 10,177 12,798 -20.5 17,567 22,746 -22.8 Park Avenue 2,373 3,331 -28.8 3,906 5,865 -33.4 Regal 2,853 4,302 -33.7 4,332 8,858 -51.1 Riviera 0 0 ***.* 0 0 ***.* Buick Total 28,011 30,520 -8.2 43,460 57,084 -23.9 --------------------------------------------------------------------------- Catera 59 659 -91.0 114 1,363 -91.6 CTS 889 0 ***.* 1,113 0 ***.* DeVille 5,839 9,237 -36.8 11,598 17,185 -32.5 Eldorado 551 644 -14.4 1,021 1,182 -13.6 Seville 1,911 1,590 20.2 3,492 2,929 19.2 Cadillac Total 9,249 12,130 -23.8 17,338 22,659 -23.5 --------------------------------------------------------------------------- Camaro 2,800 2,561 9.3 4,852 4,509 7.6 Cavalier 19,380 26,479 -26.8 34,851 42,700 -18.4 Corvette 3,354 2,766 21.3 5,797 5,018 15.5 Impala 19,553 18,365 6.5 32,277 33,288 -3.0 Lumina 2 3,846 ***.* 3 8,144 ***.* Malibu 14,547 17,077 -14.8 25,426 30,153 -15.7 Metro 0 1,636 ***.* 2 3,806 ***.* Monte Carlo 5,851 6,810 -14.1 10,006 11,409 -12.3 Prizm 2,250 5,156 -56.4 4,131 9,776 -57.7 Chevrolet Total 67,737 84,696 -20.0 117,345 148,803 -21.1 --------------------------------------------------------------------------- Alero 10,349 13,141 -21.2 17,590 26,548 -33.7 Aurora 932 3,404 -72.6 1,466 6,167 -76.2 Cutlass 0 4 ***.* 0 8 ***.* Eighty Eight 0 0 ***.* 0 0 ***.* Intrigue 1,409 5,215 -73.0 2,337 8,819 -73.5 Oldsmobile Total 12,690 21,764 -41.7 21,393 41,542 -48.5 --------------------------------------------------------------------------- Bonneville 3,287 4,437 -25.9 5,082 7,126 -28.7 Firebird 2,218 1,883 17.8 3,710 3,378 9.8 Grand Am 14,397 17,375 -17.1 23,627 33,640 -29.8 Grand Prix 10,280 10,073 2.1 14,977 15,436 -3.0 Sunfire 6,976 7,518 -7.2 11,648 14,141 -17.6 Vibe 507 0 ***.* 540 0 ***.* Pontiac Total 37,665 41,286 -8.8 59,584 73,721 -19.2 --------------------------------------------------------------------------- 900 3 0 ***.* 3 0 ***.* 9000 2 0 ***.* 2 0 ***.* 9-3 1,828 1,389 31.6 2,858 2,538 12.6 9-5 866 959 -9.7 1,411 2,124 -33.6 Saab Total 2,699 2,348 14.9 4,274 4,662 -8.3 --------------------------------------------------------------------------- Saturn L Series 5,874 7,674 -23.5 10,391 15,724 -33.9 Saturn S Series 8,085 12,703 -36.4 14,858 26,118 -43.1 Saturn Total 13,959 20,377 -31.5 25,249 41,842 -39.7 --------------------------------------------------------------------------- GM Total 172,010 213,121 -19.3 288,643 390,313 -26.0 --------------------------------------------------------------------------- GM Car Deliveries by Production Source --------------------------------------------------------------------------- GM North America * 169,252 210,114 -19.4 284,255 384,288 -26.0 --------------------------------------------------------------------------- GM Import 2,758 3,007 -8.3 4,388 6,025 -27.2 --------------------------------------------------------------------------- GM Total 172,010 213,121 -19.3 288,643 390,313 -26.0 --------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 2-1P GM Car Deliveries - (United States) February 2002 --------------------------------------------------------------------------- Calendar Year-to-Date (1) February January - February ------------------------- ---------------------- %Chg 2002 2001 per S/D 2002 2001 % Chg -------------------------------------------------- Selling Days (S/D) 24 24 --------------------------------------------------------------------------- GM Car Deliveries by Production Source and Marketing Division --------------------------------------------------------------------------- Buick Total 28,011 30,520 -8.2 43,460 57,084 -23.9 Cadillac Total 9,190 11,471 -19.9 17,224 21,296 -19.1 Chevrolet Total 67,737 84,696 -20.0 117,345 148,803 -21.1 Oldsmobile Total 12,690 21,764 -41.7 21,393 41,542 -48.5 Pontiac Total 37,665 41,286 -8.8 59,584 73,721 -19.2 Saturn Total 13,959 20,377 -31.5 25,249 41,842 -39.7 GM North America Total* 169,252 210,114 -19.4 284,255 384,288 -26.0 --------------------------------------------------------------------------- Cadillac Total 59 659 -91.0 114 1,363 -91.6 Saab Total 2,699 2,348 14.9 4,274 4,662 -8.3 GM Import Total 2,758 3,007 -8.3 4,388 6,025 -27.2 --------------------------------------------------------------------------- GM Vehicle Deliveries by Marketing Division --------------------------------------------------------------------------- Buick Total 34,260 30,520 12.3 53,595 57,084 -6.1 Cadillac Total 13,353 13,857 -3.6 24,795 25,092 -1.2 Chevrolet Total 235,788 225,866 4.4 416,936 409,237 1.9 GMC Total 47,880 40,916 17.0 82,920 75,314 10.1 Hummer Total 38 77 -50.6 90 169 -46.7 Oldsmobile Total 15,805 27,132 -41.7 26,863 51,886 -48.2 Other-Isuzu Total 921 1,206 -23.6 1,695 2,135 -20.6 Pontiac Total 42,734 47,236 -9.5 67,946 85,641 -20.7 Saab Total 2,699 2,348 14.9 4,274 4,662 -8.3 Saturn Total 17,633 20,377 -13.5 31,631 41,842 -24.4 GM Total 411,111 409,535 0.4 710,745 753,062 -5.6 --------------------------------------------------------------------------- * Includes US/Canada/Mexico 3-1P GM Truck Deliveries - (United States) February 2002 --------------------------------------------------------------------------- Calendar Year-to-Date (1) February January - February ------------------------- ---------------------- %Chg 2002 2001 per S/D 2002 2001 % Chg -------------------------------------------------- Selling Days (S/D) 24 24 --------------------------------------------------------------------------- Rendezvous 6,249 0 ***.* 10,135 0 ***.* Total Buick 6,249 0 ***.* 10,135 0 ***.* --------------------------------------------------------------------------- Escalade 3,129 1,727 81.2 5,767 2,433 137.0 Escalade EXT 975 0 ***.* 1,690 0 ***.* Total Cadillac 4,104 1,727 137.6 7,457 2,433 206.5 --------------------------------------------------------------------------- Astro 4,125 5,571 -26.0 6,939 10,381 -33.2 C/K Suburban(Chevy) 11,935 11,632 2.6 21,525 22,133 -2.7 Chevy C/T Series 426 633 -32.7 844 985 -14.3 Chevy P Models & Mtr Hms 0 10 ***.* 0 20 ***.* Chevy W Series 189 175 8.0 379 358 5.9 Express Cutaway/G Cut 1,497 1,184 26.4 2,646 2,064 28.2 Express Panel/G Van 5,610 5,651 -0.7 9,656 10,500 -8.0 Express/G Sportvan 1,294 791 63.6 1,781 1,866 -4.6 S/T Blazer 9,642 19,827 -51.4 17,371 35,694 -51.3 S/T Pickup 12,891 13,959 -7.7 22,278 24,044 -7.3 Tahoe 17,736 14,932 18.8 31,710 29,182 8.7 Tracker 3,417 4,219 -19.0 6,416 7,629 -15.9 TrailBlazer 22,189 59 ***.* 39,600 59 ***.* Venture 6,299 5,849 7.7 9,827 11,178 -12.1 ........................................................................... Avalanche 8,369 0 ***.* 15,003 0 ***.* Silverado-C/K Pickup 62,432 56,678 10.2 113,616 104,341 8.9 Chevrolet Fullsize Pickups 70,801 56,678 24.9 128,619 104,341 23.3 ........................................................................... Chevrolet Total 168,051 141,170 19.0 299,591 260,434 15.0 --------------------------------------------------------------------------- C/K Suburban(GMC) 0 11 ***.* 0 20 ***.* Envoy 8,604 103 ***.* 14,612 103 ***.* GMC C/T Series 960 893 7.5 1,653 1,659 -0.4 GMC W Series 311 306 1.6 531 559 -5.0 P Models & Mtr Hms(GMC) 0 5 ***.* 0 7 ***.* S/T Jimmy 204 5,873 -96.5 435 10,905 -96.0 Safari (GMC) 1,316 2,025 -35.0 2,096 3,687 -43.2 Savana Panel/G Classic 1,658 2,518 -34.2 2,928 4,024 -27.2 Savana Special/G Cut 504 590 -14.6 882 966 -8.7 Savana/Rally 206 168 22.6 318 323 -1.5 Sierra 18,730 15,037 24.6 32,340 27,716 16.7 Sonoma 3,254 3,157 3.1 5,753 5,486 4.9 Yukon 6,750 5,579 21.0 12,042 10,931 10.2 Yukon XL 5,383 4,651 15.7 9,330 8,928 4.5 GMC Total 47,880 40,916 17.0 82,920 75,314 10.1 --------------------------------------------------------------------------- Hummer H1 38 77 -50.6 90 169 -46.7 Hummer Total 38 77 -50.6 90 169 -46.7 --------------------------------------------------------------------------- Bravada 1,627 1,695 -4.0 2,981 3,248 -8.2 Silhouette 1,488 3,673 -59.5 2,489 7,096 -64.9 Oldsmobile Total 3,115 5,368 -42.0 5,470 10,344 -47.1 --------------------------------------------------------------------------- Other-Isuzu F Series 160 152 5.3 284 310 -8.4 Other-Isuzu N Series 761 1,054 -27.8 1,411 1,825 -22.7 Other-Isuzu Total 921 1,206 -23.6 1,695 2,135 -20.6 --------------------------------------------------------------------------- Aztek 2,325 2,576 -9.7 3,846 5,514 -30.3 Montana 2,744 3,374 -18.7 4,516 6,406 -29.5 Trans Sport 0 0 ***.* 0 0 ***.* Pontiac Total 5,069 5,950 -14.8 8,362 11,920 -29.8 --------------------------------------------------------------------------- VUE 3,674 0 ***.* 6,382 0 ***.* Saturn Total 3,674 0 ***.* 6,382 0 ***.* --------------------------------------------------------------------------- GM Total 239,101 196,414 21.7 422,102 362,749 16.4 --------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source --------------------------------------------------------------------------- GM North America * 238,059 195,259 21.9 420,203 360,536 16.5 --------------------------------------------------------------------------- GM Import 1,042 1,155 -9.8 1,899 2,213 -14.2 --------------------------------------------------------------------------- GM Total 239,101 196,414 21.7 422,102 362,749 16.4 --------------------------------------------------------------------------- GM Light Duty Truck Deliveries by Production Source --------------------------------------------------------------------------- GM North America * 236,294 193,186 22.3 417,000 357,026 16.8 --------------------------------------------------------------------------- GM Import 0 0 ***.* 0 0 ***.* --------------------------------------------------------------------------- GM Total 236,294 193,186 22.3 417,000 357,026 16.8 --------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 3-1P GM Truck Deliveries - (United States) February 2002 --------------------------------------------------------------------------- Calendar Year-to-Date (1) February January - February ------------------------- ---------------------- %Chg 2002 2001 per S/D 2002 2001 % Chg -------------------------------------------------- Selling Days (S/D) 24 24 --------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source and Marketing Division --------------------------------------------------------------------------- Buick Total 6,249 0 ***.* 10,135 0 ***.* Cadillac Total 4,104 1,727 137.6 7,457 2,433 206.5 Chevrolet Total 167,930 141,070 19.0 299,340 260,195 15.0 GMC Total 47,641 40,759 16.9 82,522 74,959 10.1 Hummer Total 38 77 -50.6 90 169 -46.7 Oldsmobile Total 3,115 5,368 -42.0 5,470 10,344 -47.1 Other-Isuzu Total 239 308 -22.4 445 516 -13.8 Pontiac Total 5,069 5,950 -14.8 8,362 11,920 -29.8 Saturn Total 3,674 0 ***.* 6,382 0 ***.* GM North America Total* 238,059 195,259 21.9 420,203 360,536 16.5 --------------------------------------------------------------------------- Chevrolet Total 121 100 21.0 251 239 5.0 GMC Total 239 157 52.2 398 355 12.1 Other-Isuzu Total 682 898 -24.1 1,250 1,619 -22.8 GM Import Total 1,042 1,155 -9.8 1,899 2,213 -14.2 --------------------------------------------------------------------------- GM Light Truck Deliveries by Production Source and Marketing Division --------------------------------------------------------------------------- Buick Total 6,249 0 ***.* 10,135 0 ***.* Cadillac Total 4,104 1,727 137.6 7,457 2,433 206.5 Chevrolet Total 167,436 140,352 19.3 298,368 259,071 15.2 GMC Total 46,609 39,712 17.4 80,736 73,089 10.5 Hummer Total 38 77 -50.6 90 169 -46.7 Oldsmobile Total 3,115 5,368 -42.0 5,470 10,344 -47.1 Pontiac Total 5,069 5,950 -14.8 8,362 11,920 -29.8 Saturn Total 3,674 0 ***.* 6,382 0 ***.* GM North America Total* 236,294 193,186 22.3 417,000 357,026 16.8 --------------------------------------------------------------------------- GM Light Truck Deliveries by Marketing Division --------------------------------------------------------------------------- Buick Total 6,249 0 ***.* 10,135 0 ***.* Cadillac Total 4,104 1,727 137.6 7,457 2,433 206.5 Chevrolet Total 167,436 140,352 19.3 298,368 259,071 15.2 GMC Total 46,609 39,712 17.4 80,736 73,089 10.5 Hummer Total 38 77 -50.6 90 169 -46.7 Oldsmobile Total 3,115 5,368 -42.0 5,470 10,344 -47.1 Pontiac Total 5,069 5,950 -14.8 8,362 11,920 -29.8 Saturn Total 3,674 0 ***.* 6,382 0 ***.* GM Total 236,294 193,186 22.3 417,000 357,026 16.8 --------------------------------------------------------------------------- * Includes US/Canada/Mexico 03/01/2002 ------------------- ----- ------ ---- --------- ----- ---- GMNA ------------------- Total Memo: Units 000s Car* Truck* Total GME** GMLAAM GMAP Worldwide NUMMI CAMI ----- ----- ----- ----- ------ ---- --------- ----- ---- 2002 Q1 # 591 749 1,340 459 135 61 1,995 12 11 O/(U) prior forecast:@ 6 14 20 (1) (3) 2 18 0 0 ------------------------------------------------------------------------------ 2002 Q2 # 605 820 1,425 463 147 66 2,101 17 17 O/(U) prior forecast:@ 0 0 0 0 0 0 0 0 0 ------------------------------------------------------------------------------ ------------------- ----- ------ ---- --------- ----- ---- GMNA ------------------- Total Memo: Units 000s Car Truck Total GME GMLAAM GMAP Worldwide NUMMI CAMI ----- ----- ----- ----- ------ ---- --------- ----- ---- 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. 573 665 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. # 591 749 1,340 459 135 61 1,995 12 11 2nd Qtr. # 605 820 1,425 463 147 66 2,101 17 17 ------------------------------------------------------------------------------ @ 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 -------------------------- March 1, 2002 ------------- By /s/Peter R. Bible -------------------------- (Peter R. Bible, Chief Accounting Officer) - x -