8-K 1 marsales03040103.txt MARCH 2003 SALES FOR GENERAL MOTORS CORPORATION SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549-1004 FORM 8-K CURRENT REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Date of Report (Date of earliest event reported) April 1, 2003 ------------- 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 April 1, 2003, General Motors Corporation (GM) issued a news release announcing March sales. The release is as follows: GM Reports March Sales of 391,752, Down 3 Percent Truck sales comparable to year-ago, driven by full-size pickup and utility sales Luxury vehicle sales continue to grow; Cadillac up 16 percent DETROIT - General Motors Corp. dealers sold 391,752 new cars and trucks in March in the United States. This is a modest 3 percent decline versus March 2002. GM's overall truck sales (226,586) were down slightly, with sales accelerating 11 percent over February 2003. Car sales in March (165,166) were down 5 percent, with a 5 percent improvement over February. "Despite current economic uncertainty, industry sales remain solid, in part due to across-the-board incentive activity by all manufacturers," said John Smith, group vice president of GM North America Vehicle Sales, Service and Marketing. "GM's results show improvement both in unit sales and share over the quarter. We'll build upon this with the "Zero to Sixty" campaign that is effective today. Additionally, we are pleased with our richer mix, reflecting the continuing improvement of truck sales, which made up 62 percent of our retail volume in March. And, we continue to experience sales gains at Cadillac, Hummer, Saturn and Saab, as well as with our new vehicle introductions, including the all-new Pontiac Grand Prix launched just last month. We expect momentum to continue to build with 15 more new vehicle launches before year-end." GM Truck Sales GM total truck sales were comparable to year-ago levels. Importantly, full-size pickup sales were up 7.5 percent. Total utility vehicle sales for the month (98,486) were in line with year-ago levels, and GM achieved March record sales for a number of utilities, including Saturn VUE, Chevrolet TrailBlazer, GMC Envoy and Cadillac Escalade. GM Car Sales Saturn and Cadillac cars had strong sales in March, with increases of 16 percent and 10.5 percent, respectively. Saturn ION continued to gain momentum with 13,057 sales. March sales records were posted for Chevrolet Impala (21,962), Pontiac Vibe (7,810), and Cadillac CTS (4,588). GM's luxury car sales were up 8 percent for March and up over 4 percent calendar-year-to-date, driven by strong sales of the Cadillac CTS and new Saab 9-3. Certified Used Vehicles GM's industry leading certified vehicle program sold approximately 39,544 total certified used vehicles in March, including the Cadillac, Saturn and Saab certified brands. The GM Certified Used Vehicle brand alone posted solid numbers, selling 33,022 vehicles, which is 47 percent higher than last year. "In light of the current economic circumstances, we are pleased with the continued growth of our dealers' certified used business," said Smith. GM Announces March and Q1 Production Results; Q2 2003 Production Forecast Remains Unchanged In March, GM North America produced 489,000 vehicles (184,000 cars and 305,000 trucks) in North America, compared to 481,000 vehicles (206,000 cars and 275,000 trucks) produced in March 2002. (Production totals include joint venture production of 14,000 vehicles in March 2003 and 10,000 vehicles in March 2002.) Also, GM North America built 1.451 million vehicles (592,000 cars and 859,000 trucks) in the first quarter of 2003. In the first quarter of 2002, GM North America built 1.353 million vehicles (600,000 cars and 753,000 trucks). GM's 2003 second-quarter production forecast for North America remains unchanged at 1.39 million units (557,000 cars and 833,000 trucks). In the second quarter of 2002, GM North America built 1.553 million vehicles (688,000 cars and 865,000 trucks). In the second quarter of 2002, GM North America built 1.553 million vehicles (688,000 cars and 865,000 trucks). GM also announced current 2003 second-quarter production forecasts for its international regions: GM Europe - The region's revised second-quarter production forecast is 492,000 units. GM Europe built 453,000 units in the second quarter of 2002. GM Asia Pacific - GM Asia Pacific's revised second-quarter forecast is 81,000 vehicles. GM Asia Pacific built 74,000 vehicles in the second quarter of 2002. GM Latin America, Africa and the Middle East - The region's revised second quarter production forecast is 153,000 units, compared to 141,000 units built in the second quarter of 2002. ### General Motors Corp. (NYSE: GM), the world's largest vehicle manufacturer, employs 349,000 people globally in its core automotive business and subsidiaries. Founded in 1908, GM has been the global sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in more than 190 countries. In 2002, GM sold more than 8.5 million cars and trucks, nearly 15 percent of the global vehicle market. GM's global headquarters is at the GM Renaissance Center in Detroit. More information on GM and its products can be found on the company's consumer website at www.gm.com. 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 judgment on what the future may hold, and we believe these judgments 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 11-15, 16) 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 March January - March --------------------------------------------------------- Curr S/D: 26 % Chg Prev S/D: 27 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------------------------------- Vehicle Total 391,752 419,410 -3.0 1,018,410 1,130,155 -9.9 ------------------------------------------------------------------------------- Car Total 165,166 181,181 -5.3 454,259 469,824 -3.3 ------------------------------------------------------------------------------- Truck Total 226,586 238,229 -1.2 564,151 660,331 -14.6 ------------------------------------------------------------------------------- Light Truck Total 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- Light Vehicle Total 387,786 416,259 -3.3 1,009,990 1,121,902 -10.0 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Market Division Vehicle Total Calendar Year-to-Date March January - March --------------------------------------------------------- % Chg 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------------------------------- Buick 24,900 29,135 -11.2 83,289 82,730 0.7 Cadillac 16,706 14,968 15.9 46,260 39,763 16.3 Chevrolet 211,898 232,665 -5.4 543,390 649,601 -16.4 GMC 43,362 44,205 1.9 108,029 127,125 -15.0 HUMMER 3,069 37 ***.* 8,639 127 ***.* Oldsmobile 13,150 16,008 -14.7 33,411 42,871 -22.1 Other - Isuzu 1,259 1,422 -8.1 2,856 3,117 -8.4 Pontiac 38,501 50,299 -20.5 107,033 118,245 -9.5 Saab 4,736 4,864 1.1 10,885 9,138 19.1 Saturn 34,171 25,807 37.5 74,618 57,438 29.9 ------------------------------------------------------------------------------- Sales of Domestically Produced Vehicles ------------------------------------------------------------------------------- Car 160,428 176,283 -5.5 443,369 460,538 -3.7 ------------------------------------------------------------------------------- Light Truck 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- Twenty-six selling days for the March period this year and twenty-seven 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) March 2003 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) March January - March ------------------------------------------------------ %Chg 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------ Selling Days (S/D) 26 27 ------------------------------------------------------------------------------- Century 8,001 9,377 -11.4 31,829 27,032 17.7 LeSabre 8,048 9,238 -9.5 22,285 26,805 -16.9 Park Avenue 2,073 2,284 -5.7 6,143 6,190 -0.8 Regal 1,890 2,192 -10.5 5,373 6,524 -17.6 Riviera 0 0 ***.* 0 0 ***.* Buick Total 20,012 23,091 -10.0 65,630 66,551 -1.4 ------------------------------------------------------------------------------- Catera 2 34 -93.9 5 148 -96.6 CTS 4,588 3,145 51.5 10,956 4,258 157.3 DeVille 5,868 5,566 9.5 17,430 17,164 1.5 Eldorado 38 591 -93.3 145 1,612 -91.0 Seville 1,722 2,142 -16.5 6,548 5,634 16.2 Cadillac Total 12,218 11,478 10.5 35,084 28,816 21.8 ------------------------------------------------------------------------------- Camaro 208 3,082 -93.0 575 7,934 -92.8 Cavalier 18,041 21,991 -14.8 52,224 56,842 -8.1 Corvette 2,792 1,877 54.5 5,984 7,674 -22.0 Impala 21,962 16,923 34.8 58,785 49,200 19.5 Lumina 0 12 ***.* 0 15 ***.* Malibu 14,634 15,819 -3.9 38,732 41,245 -6.1 Metro 0 1 ***.* 0 3 ***.* Monte Carlo 5,192 5,226 3.2 14,560 15,232 -4.4 Prizm 1 2,886 ***.* 4 7,017 -99.9 Chevrolet Total 62,830 67,817 -3.8 170,864 185,162 -7.7 ------------------------------------------------------------------------------- Alero 9,949 8,680 19.0 25,736 26,270 -2.0 Aurora 423 891 -50.7 1,069 2,357 -54.6 Cutlass 0 0 ***.* 0 0 ***.* Eighty Eight 0 0 ***.* 0 0 ***.* Intrigue 133 1,781 -92.2 358 4,118 -91.3 Oldsmobile Total 10,505 11,352 -3.9 27,163 32,745 -17.0 ------------------------------------------------------------------------------- Bonneville 2,745 2,922 -2.4 5,925 8,004 -26.0 Firebird 156 1,998 -91.9 469 5,708 -91.8 Grand Am 11,122 15,458 -25.3 33,419 39,085 -14.5 Grand Prix 7,807 14,480 -44.0 24,572 29,457 -16.6 Sunfire 2,718 5,502 -48.7 8,241 17,150 -51.9 Vibe 7,810 2,014 302.7 18,042 2,554 606.4 Pontiac Total 32,358 42,374 -20.7 90,668 101,958 -11.1 ------------------------------------------------------------------------------- 9-3 3,470 3,564 1.1 7,889 6,425 22.8 9-5 1,266 1,300 1.1 2,996 2,713 10.4 Saab Total 4,736 4,864 1.1 10,885 9,138 19.1 ------------------------------------------------------------------------------- ION 13,057 0 ***.* 25,783 0 ***.* Saturn L Series 8,314 8,536 1.1 22,863 18,927 20.8 Saturn S Series 1,136 11,669 -89.9 5,319 26,527 -79.9 Saturn Total 22,507 20,205 15.7 53,965 45,454 18.7 ------------------------------------------------------------------------------- GM Total 165,166 181,181 -5.3 454,259 469,824 -3.3 ------------------------------------------------------------------------------- GM Car Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 160,428 176,283 -5.5 443,369 460,538 -3.7 ------------------------------------------------------------------------------- GM Import 4,738 4,898 0.5 10,890 9,286 17.3 ------------------------------------------------------------------------------- GM Total 165,166 181,181 -5.3 454,259 469,824 -3.3 ------------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 2-1P GM Car Deliveries - (United States) March 2003 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) March January - March ------------------------------------------------------ %Chg 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------ Selling Days (S/D) 26 27 ------------------------------------------------------------------------------- GM Car Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 20,012 23,091 -10.0 65,630 66,551 -1.4 Cadillac Total 12,216 11,444 10.9 35,079 28,668 22.4 Chevrolet Total 62,830 67,817 -3.8 170,864 185,162 -7.7 Oldsmobile Total 10,505 11,352 -3.9 27,163 32,745 -17.0 Pontiac Total 32,358 42,374 -20.7 90,668 101,958 -11.1 Saturn Total 22,507 20,205 15.7 53,965 45,454 18.7 GM North America Total* 160,428 176,283 -5.5 443,369 460,538 -3.7 ------------------------------------------------------------------------------- Cadillac Total 2 34 -93.9 5 148 -96.6 Saab Total 4,736 4,864 1.1 10,885 9,138 19.1 GM Import Total 4,738 4,898 0.5 10,890 9,286 17.3 ------------------------------------------------------------------------------- GM Vehicle Deliveries by Marketing Division ------------------------------------------------------------------------------- Buick Total 24,900 29,135 -11.2 83,289 82,730 0.7 Cadillac Total 16,706 14,968 15.9 46,260 39,763 16.3 Chevrolet Total 211,898 232,665 -5.4 543,390 649,601 -16.4 GMC Total 43,362 44,205 1.9 108,029 127,125 -15.0 HUMMER Total 3,069 37 ***.* 8,639 127 ***.* Oldsmobile Total 13,150 16,008 -14.7 33,411 42,871 -22.1 Other-Isuzu Total 1,259 1,422 -8.1 2,856 3,117 -8.4 Pontiac Total 38,501 50,299 -20.5 107,033 118,245 -9.5 Saab Total 4,736 4,864 1.1 10,885 9,138 19.1 Saturn Total 34,171 25,807 37.5 74,618 57,438 29.9 GM Total 391,752 419,410 -3.0 1,018,410 1,130,155 -9.9 ------------------------------------------------------------------------------- * Includes US/Canada/Mexico 3-1P GM Truck Deliveries - (United States) March 2003 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) March January - March ----------------------------------------------------------- % Chg 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------------------------------- Selling Days (S/D) 26 27 ------------------------------------------------------------------------------- Rendezvous 4,888 6,044 -16.0 17,659 16,179 9.1 Total Buick 4,888 6,044 -16.0 17,659 16,179 9.1 ------------------------------------------------------------------------------- Escalade 2,667 2,598 6.6 6,774 8,365 -19.0 Escalade ESV 1,026 0 ***.* 2,266 0 ***.* Escalade EXT 795 892 -7.4 2,136 2,582 -17.3 Total Cadillac 4,488 3,490 33.5 11,176 10,947 2.1 ------------------------------------------------------------------------------- Astro 3,695 4,957 -22.6 8,553 11,896 -28.1 C/K Suburban(Chevy) 9,191 11,537 -17.3 22,163 33,062 -33.0 Chevy C/T Series 69 370 -80.6 248 1,214 -79.6 Chevy P Models & Mtr Hms 0 0 ***.* 0 0 ***.* Chevy W Series 254 237 11.3 539 616 -12.5 Express Cutaway/G Cut 1,498 1,389 12.0 3,688 4,035 -8.6 Express Panel/G Van 5,265 5,600 -2.4 12,821 15,256 -16.0 Express/G Sportvan 1,605 1,828 -8.8 3,538 3,609 -2.0 Kodiak 4/5 Series 724 0 ***.* 1,440 0 ***.* Kodiak 6/7/8 Series 197 0 ***.* 443 0 ***.* S/T Blazer 4,161 13,593 -68.2 12,632 30,964 -59.2 S/T Pickup 11,746 15,592 -21.8 31,527 37,870 -16.7 Tahoe 14,895 16,656 -7.1 34,166 48,366 -29.4 Tracker 3,592 3,468 7.6 8,595 9,884 -13.0 TrailBlazer 20,185 19,053 10.0 55,006 58,653 -6.2 Venture 8,514 9,831 -10.1 21,593 19,658 9.8 ............................................................................... Avalanche 7,174 8,951 -16.8 19,011 23,954 -20.6 Silverado-C/K Pickup 56,303 51,786 12.9 136,563 165,402 -17.4 Chevrolet Fullsize Pickups 63,477 60,737 8.5 155,574 189,356 -17.8 ............................................................................... Chevrolet Total 149,068 164,848 -6.1 372,526 464,439 -19.8 ------------------------------------------------------------------------------- C/K Suburban(GMC) 0 0 ***.* 0 0 ***.* Envoy 9,361 8,013 21.3 25,645 22,625 13.3 GMC C/T Series 267 772 -64.1 588 2,425 -75.8 GMC W Series 462 350 37.1 910 881 3.3 P Models & Mtr Hms(GMC) 0 0 ***.* 0 0 ***.* S/T Jimmy 9 101 -90.7 16 536 -97.0 Safari (GMC) 896 1,390 -33.1 2,615 3,486 -25.0 Savana Panel/G Classic 1,503 1,473 6.0 3,681 4,401 -16.4 Savana Special/G Cut 952 1,035 -4.5 2,274 1,917 18.6 Savana/Rally 319 239 38.6 680 557 22.1 Sierra 15,902 15,811 4.4 38,483 48,151 -20.1 Sonoma 2,652 3,811 -27.7 7,307 9,564 -23.6 Topkick 4/5 Series 469 0 ***.* 817 0 ***.* Topkick 6/7/8 Series 265 0 ***.* 579 0 ***.* Yukon 5,940 6,056 1.9 14,006 18,098 -22.6 Yukon XL 4,365 5,154 -12.1 10,428 14,484 -28.0 GMC Total 43,362 44,205 1.9 108,029 127,125 -15.0 ------------------------------------------------------------------------------- HUMMER H1 55 37 54.4 151 127 18.9 HUMMER H2 3,014 0 ***.* 8,488 0 ***.* HUMMER Total 3,069 37 ***.* 8,639 127 ***.* ------------------------------------------------------------------------------- Bravada 797 1,768 -53.2 2,182 4,749 -54.1 Silhouette 1,848 2,888 -33.5 4,066 5,377 -24.4 Oldsmobile Total 2,645 4,656 -41.0 6,248 10,126 -38.3 ------------------------------------------------------------------------------- Other-Isuzu F Series 150 184 -15.3 353 468 -24.6 Other-Isuzu N Series 1,109 1,238 -7.0 2,503 2,649 -5.5 Other-Isuzu Total 1,259 1,422 -8.1 2,856 3,117 -8.4 ------------------------------------------------------------------------------- Aztek 2,676 2,830 -1.8 6,995 6,676 4.8 Montana 3,467 5,095 -29.3 9,370 9,611 -2.5 Pontiac Total 6,143 7,925 -19.5 16,365 16,287 0.5 ------------------------------------------------------------------------------- VUE 11,664 5,602 116.2 20,653 11,984 72.3 Saturn Total 11,664 5,602 116.2 20,653 11,984 72.3 ------------------------------------------------------------------------------- GM Total 226,586 238,229 -1.2 564,151 660,331 -14.6 ------------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 225,302 236,738 -1.2 561,092 656,941 -14.6 ------------------------------------------------------------------------------- GM Import 1,284 1,491 -10.6 3,059 3,390 -9.8 ------------------------------------------------------------------------------- GM Total 226,586 238,229 -1.2 564,151 660,331 -14.6 ------------------------------------------------------------------------------- GM Light Duty Truck Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- GM Import 0 0 ***.* 0 0 ***.* ------------------------------------------------------------------------------- GM Total 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 3-1P GM Truck Deliveries - (United States) March 2003 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) March January - March ----------------------------------------------------------- % Chg 2003 2002 per S/D 2003 2002 %Chg ------------------------------------------------------------------------------- Selling Days (S/D) 26 27 ------------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 4,888 6,044 -16.0 17,659 16,179 9.1 Cadillac Total 4,488 3,490 33.5 11,176 10,947 2.1 Chevrolet Total 148,900 164,673 -6.1 372,152 464,013 -19.8 GMC Total 43,023 43,953 1.6 107,353 126,475 -15.1 HUMMER Total 3,069 37 ***.* 8,639 127 ***.* Oldsmobile Total 2,645 4,656 -41.0 6,248 10,126 -38.3 Other-Isuzu Total 482 358 39.8 847 803 5.5 Pontiac Total 6,143 7,925 -19.5 16,365 16,287 0.5 Saturn Total 11,664 5,602 116.2 20,653 11,984 72.3 GM North America Total* 225,302 236,738 -1.2 561,092 656,941 -14.6 ------------------------------------------------------------------------------- Chevrolet Total 168 175 -0.3 374 426 -12.2 GMC Total 339 252 39.7 676 650 4.0 Other-Isuzu Total 777 1,064 -24.2 2,009 2,314 -13.2 GM Import Total 1,284 1,491 -10.6 3,059 3,390 -9.8 ------------------------------------------------------------------------------- GM Light Truck Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 4,888 6,044 -16.0 17,659 16,179 9.1 Cadillac Total 4,488 3,490 33.5 11,176 10,947 2.1 Chevrolet Total 147,824 164,241 -6.5 369,856 462,609 -20.0 GMC Total 41,899 43,083 1.0 105,135 123,819 -15.1 HUMMER Total 3,069 37 ***.* 8,639 127 ***.* Oldsmobile Total 2,645 4,656 -41.0 6,248 10,126 -38.3 Pontiac Total 6,143 7,925 -19.5 16,365 16,287 0.5 Saturn Total 11,664 5,602 116.2 20,653 11,984 72.3 GM North America Total* 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- GM Light Truck Deliveries by Marketing Division ------------------------------------------------------------------------------- Buick Total 4,888 6,044 -16.0 17,659 16,179 9.1 Cadillac Total 4,488 3,490 33.5 11,176 10,947 2.1 Chevrolet Total 147,824 164,241 -6.5 369,856 462,609 -20.0 GMC Total 41,899 43,083 1.0 105,135 123,819 -15.1 HUMMER Total 3,069 37 ***.* 8,639 127 ***.* Oldsmobile Total 2,645 4,656 -41.0 6,248 10,126 -38.3 Pontiac Total 6,143 7,925 -19.5 16,365 16,287 0.5 Saturn Total 11,664 5,602 116.2 20,653 11,984 72.3 GM Total 222,620 235,078 -1.7 555,731 652,078 -14.8 ------------------------------------------------------------------------------- * Includes US/Canada/Mexico GM Production Schedule - 04/01/03 GMNA ------------------- Total Memo: JV* Units 000s Car* Truck Total GME** GMLAAM GMAP Worldwide Car Truck ------------------- ----- -------- ---- --------- --- ----- 2003 Q1 592 859 1,451 491 127 77 2,146 19 24 O/(U) prior forecast:@ 0 0 21 (2) 1 0 20 0 0 ----------- ------------------- ---- -------- ---- ------- 2003 Q2 # 557 833 1,390 492 153 81 2,116 19 23 O/(U) prior forecast:@ 0 0 0 1 8 (1) 8 0 0 ----------- ------------------- ---- -------- ---- ------- ------------------- ----- -------- ---- --------- GMNA Total Memo: JV* Units 000s Car Truck Total GME GMLAAM GMAP Worldwide Car Truck ------------------- ----- -------- ---- --------- --- ----- 1998 1st Qtr. 673 702 1,375 424 146 36 1,981 20 6 2nd Qtr. 615 557 1,172 479 153 39 1,843 13 8 3rd Qtr. 592 410 1,002 440 137 37 1,616 14 0 4th Qtr. 819 691 1,510 522 89 36 2,157 21 9 ---- ---- ------ ----- --- --- ------ --- -- CY 2,699 2,360 5,059 1,864 525 148 7,596 68 23 1999 1st Qtr. 781 725 1,506 524 93 38 2,161 20 15 2nd Qtr. 760 795 1,555 533 110 25 2,223 22 13 3rd Qtr. 660 699 1,359 427 112 47 1,945 19 11 4th Qtr. 759 694 1,453 530 97 47 2,127 21 17 ---- ---- ------ ----- --- --- ------ --- -- CY 2,960 2,913 5,873 2,014 412 157 8,456 82 56 2000 1st Qtr. 746 775 1,521 572 118 40 2,251 24 13 2nd Qtr. 787 781 1,568 534 140 45 2,287 19 17 3rd Qtr. 689 630 1,319 374 151 53 1,897 16 18 4th Qtr. 670 694 1,364 513 135 47 2,059 18 17 ---- ---- ------ ----- --- --- ------ --- -- CY 2,892 2,880 5,772 1,993 544 185 8,494 77 65 2001 1st Qtr. 581 633 1,214 538 138 51 1,941 918 9 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. 600 753 1,353 456 131 65 2,005 12 11 2nd Qtr. 688 865 1,553 453 141 74 2,221 15 17 3rd Qtr. 567 740 1,307 408 132 87 1,934 19 20 4th Qtr. 601 824 1,425 453 157 81 2,116 19 24 ---- ---- ------ ----- --- --- ------ --- -- CY 2,456 3,182 5,638 1,770 561 307 8,276 65 72 2003 1st Qtr. 592 859 1,451 491 127 77 2,146 19 24 2nd Qtr. # 557 833 1,390 492 153 81 2,116 19 23 ------------------- ----- --- --- ----- @ Numbers may vary due to rounding * JOINT VENTURE - NUMMI units included in U.S. Car, HUMMER in U.S. Truck, CAMI units included in Canada 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 -------------------------- April 1, 2003 ------------- By /s/Peter R. Bible -------------------------- (Peter R. Bible, Chief Accounting Officer)