EX-99 2 august08ex99.htm AUGUST SALES 2008 PRESS RELEASE AND CHARTS

Exhibit 99.1

 

News

General Motors Corporation

 

GM Communications

Detroit, Mich., USA

media.gm.com

For Release: 1:45 p.m. ET

September 3, 2008

 

GM Reports 308,817 Deliveries in August;

Up 31.3 Percent From July and

the Highest Monthly Sales Total in 2008;

Employee Discount For Everyone Extended

 

o

Car retail sales increase driven by Chevrolet Malibu sales up 212 percent, Pontiac Vibe up 114 percent, Cadillac CTS up 87 percent, Corvette up 49 percent and Chevrolet Impala up 27 percent compared with last August

o

Buick Enclave, GMC Acadia and Saturn Outlook crossover retail sales up 29 percent

o

80,000 Chevrolet Silverado, Avalanche and GMC Sierra pickups sold, best month since August, 2007

o

Chevrolet Tahoe, Suburban and GMC Yukon sales highest so far in 2008 with more than 22,000 deliveries

o

August had largest total, retail and fleet deliveries so far in 2008

o

Anticipated best monthly market share performance of 2008

 

DETROIT – General Motors dealers in the United States delivered 308,817 vehicles in August, making it GM’s best monthly total, retail and fleet sales performance so far in 2008. The strong showing was spurred by GM’s Employee Discount for Everyone sale in celebration of GM’s Centennial later this month. In response to ongoing customer and dealer demand, the sale is being extended through September 30, 2008 and a number of 2009 models are being added due to dwindling 2008 inventories.

 

Compared with an exceptionally strong retail and fleet month last year, August total sales were down 20 percent. However, when compared with July, 2008, total sales were up 31 percent, retail sales were up 32 percent and fleet sales were up 29 percent. Last August’s sales performance was influenced by significantly lower fuel prices and a 0 percent APR for 60 months offer on pickups.

 

MORE

 


Notably in August, Chevrolet Silverado, Avalanche and GMC Sierra had their strongest total sales month since last August, with more than 80,000 vehicles sold, as GM full-size pickups continue to build market share calendar-year-to-date. Silverado sales were up 69 percent, Avalanche was up 59 percent and Sierra sales increased 75 percent compared with July, 2008.

 

Chevrolet Tahoe, Suburban and GMC Yukon full-size utilities had their best performance of the year with total sales up 33 percent compared with July with more than 22,000 vehicles sold. Overall, GM August truck sales (excluding crossovers) declined 25.6 percent compared with a year ago.

 

“Our award-winning lineup of new products, combined with the GM Employee Discount for Everyone sale that started August 20th, helped drive additional showroom traffic and our dealers are giving us some very enthusiastic feedback. We had our best sales month so far in 2008. Today we’re announcing the extension of the sale through September 30, and we’ve added 19 additional 2009 models to the eligible list of vehicles because our 2008 stock on dealer lots is rapidly disappearing,” said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing.

 

“With the recent moderation in fuel prices, we’re seeing some relaxation of pent-up demand in pickups and utilities. Our August sales of these segment-leading trucks and utilities has been the best in nearly a year and August marked the fourth consecutive month that truck sales as a percentage of GM and industry sales increased. We also saw double-digit retail increases in our crossovers compared with July,” LaNeve added. “We saw great car retail performance in our launch products, including the Chevrolet Malibu, Cadillac CTS, Pontiac Vibe and G8, and Saturn Astra, and continued strong retail demand for our fuel efficient Chevrolet Aveo and HHR.”

 

Chevrolet retail car sales were up 18 percent, Pontiac retail car sales increased 11 percent and Cadillac retail car sales were up 10 percent compared with last August.

 

Cadillac CTS dominated the mid-car luxury category with retail sales increasing 87 percent compared with the same month a year ago.

 

MORE

 


Saturn Astra monthly sales of more than 1,900 vehicles were the best to date, and show a 28 percent increase compared with July 2008 (Astra was not available last August).

 

GM’s popular midsized crossovers -- Buick Enclave, GMC Acadia and Saturn Outlook -- together accounted for more than 14,600 vehicle sales in the month, with a retail sales increase of 29 percent compared with a year ago.

 

GM hybrid vehicles continue to gain in popularity in the marketplace with 530 hybrid Chevrolet Tahoe, 267 GMC Yukon and 1 Cadillac Escalade 2-mode SUVs delivered. There were 388 Chevrolet Malibu, 26 Saturn Aura and 417 Vue hybrids sold in August. For the month, a total of 1,629 hybrid vehicles were delivered, with 7,096 hybrids sold so far this year.

 

“Customers are responding to our six hybrid models – vehicles that provide industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker,” LaNeve added. “We’re working hard to change perceptions and gain awareness of GM as the leader in advanced propulsion technology and fuel efficiency.”

 

GM has aggressively managed inventories to low levels. In August, only about 736,000 vehicles were in stock – the lowest August level since 1998 – down about 209,000 vehicles (22 percent) compared with last August. There were about 256,000 cars and 480,000 trucks (including crossovers) in inventory at the end of August.

 

Certified Used Vehicles

 

August 2008 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 41,238 vehicles, down 8 percent from August 2007. Year-to-date sales are 339,375 vehicles, down 5 percent from the same period last year.

 

MORE

 


GM Certified Used Vehicles, the industry’s top-selling certified brand, posted August sales of 35,168 vehicles, down 12 percent from a strong August 2007 sales performance. Saturn Certified Pre-Owned Vehicles sold 1,005 vehicles, down nearly 6 percent. Cadillac Certified Pre-Owned Vehicles sold 4,023 vehicles, up 27 percent. Saab Certified Pre-Owned Vehicles sold 791 vehicles, up 32 percent, and HUMMER Certified Pre-Owned Vehicles sold 251 vehicles, up 130 percent.

 

“The Cadillac, Saab and HUMMER programs posted robust sales increases in August, while GM Certified Used Vehicles continues to lead the certified pre-owned segment in sales,” said LaNeve. “The launch this month of a new 12-month/12,000-mile bumper-to-bumper warranty on all Saturn Certified Pre-Owned and GM Certified Used Vehicles, effective September 13, will provide shoppers a range of peace-of-mind assurances as strong as those provided by any certified program in America.”

 

GM North America Reports August, 2008 Production; Third-Quarter Production Forecast at 920,000 Vehicles; Initial Fourth Quarter Forecast is 875,000 Vehicles

 

In August, GM North America produced 341,000 vehicles (158,000 cars and 183,000 trucks). This is down 96,000 vehicles or 22 percent compared with August 2007 when the region produced 437,000 vehicles (152,000 cars and 285,000 trucks). (Production totals include joint venture production of 18,000 vehicles in August 2008 and 21,000 vehicles in August 2007.)

 

The GM North America third-quarter production forecast is at 920,000 vehicles (443,000 cars and 477,000 trucks) which is down about 10 percent compared with a year ago, due to production adjustments in response to market changes that will reduce the number of trucks produced by about 176,000 and increase the number of cars by about 76,000. GM North America built 1.020 million vehicles (367,000 cars and 653,000 trucks) in the third-quarter of 2007.

 

MORE

 


The initial GM North America fourth-quarter production forecast is 875,000 vehicles (436,000 cars and 439,000 trucks) which is down about 16 percent compared with a year ago. GM North America built 1.042 million vehicles (358,000 cars and 684,000 trucks) in the fourth-quarter of 2007.

 

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found 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, we use words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions to identify forward-looking statements, representing our current judgment about possible future events. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: market acceptance of our products; shortages of and price increases for fuel; significant changes in the competitive environment and the effect of competition on our markets, including on our pricing policies; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt; and changes in general economic conditions. GM’s most recent annual report on Form 10-K and quarterly report on Form 10-Q provide information about these factors, which may be revised or supplemented in future reports to the SEC on Form 10-Q or 8-K.

 

# # #

 

 

Contact:

 

John McDonald

GM Corporate News

313-667-3714 (office)

313-418-2139 (mobile)

John.m.mcdonald@gm.com

 

 

 

 


General Motors dealers in the United States reported the following deliveries:

 

*S/D Curr: 27

August

(Calendar Year-to-Date)

January - August

*S/D Prev: 27

2008

2007

% Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Vehicle Total

308,817

388,168

-20.4

-20.4

 

2,148,943

2,631,865

-18.3

 

Car Total

124,441

144,516

-13.9

-13.9

 

919,283

1,024,644

-10.3

 

Light Truck Total

182,844

241,013

-24.1

-24.1

 

1,210,577

1,574,475

-23.1

 

Light Vehicle Total

307,285

385,529

-20.3

-20.3

 

2,129,860

2,599,119

-18.1

 

Truck Total

184,376

243,652

-24.3

-24.3

 

1,229,660

1,607,221

-23.5

 

GM Vehicle Deliveries by Marketing Division

 

 

 

 

 

 

 

 

2008

2007

%Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Buick Total

17,833

19,324

-7.7

-7.7

 

99,009

126,161

-21.5

 

Cadillac Total

15,405

19,481

-20.9

-20.9

 

117,136

134,584

-13.0

 

Chevrolet Total

185,080

229,012

-19.2

-19.2

 

1,287,568

1,553,911

-17.1

 

GMC Total

42,194

51,222

-17.6

-17.6

 

266,861

336,484

-20.7

 

HUMMER Total

2,160

5,677

-62.0

-62.0

 

20,195

37,680

-46.4

 

**Other-Isuzu Total

0

0

***.*

***.*

 

0

7,906

***.*

 

Pontiac Total

24,257

39,324

-38.3

-38.3

 

202,384

244,772

-17.3

 

Saab Total

1,503

3,011

-50.1

-50.1

 

15,597

23,261

-32.9

 

Saturn Total

20,385

21,117

-3.5

-3.5

 

140,193

167,106

-16.1

 

GM Vehicle Total

308,817

388,168

-20.4

-20.4

 

2,148,943

2,631,865

-18.3

 

GM Car Deliveries by Marketing Division 

 

 

 

 

 

 

2008

2007

%Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Buick Total

11,734

14,672

-20.0

-20.0

 

66,645

89,434

-25.5

 

Cadillac Total

10,982

11,656

-5.8

-5.8

 

78,249

79,558

-1.6

 

Chevrolet Total

70,334

70,196

0.2

0.2

 

513,756

531,102

-3.3

 

Pontiac Total

22,530

34,202

-34.1

-34.1

 

186,952

220,752

-15.3

 

Saab Total

1,298

2,577

-49.6

-49.6

 

13,071

19,568

-33.2

 

Saturn Total

7,563

11,213

-32.6

-32.6

 

60,610

84,230

-28.0

 

GM Car Total

124,441

144,516

-13.9

-13.9

 

919,283

1,024,644

-10.3

 

GM Light Truck Deliveries by Marketing Division

 

 

 

 

 

 

 

 

2008

2007

%Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Buick Total

6,099

4,652

31.1

31.1

 

32,364

36,727

-11.9

 

Cadillac Total

4,423

7,825

-43.5

-43.5

 

38,887

55,026

-29.3

 

Chevrolet Total

114,090

157,791

-27.7

-27.7

 

766,286

1,012,946

-24.4

 

GMC Total

41,318

49,608

-16.7

-16.7

 

255,304

321,507

-20.6

 

HUMMER Total

2,160

5,677

-62.0

-62.0

 

20,195

37,680

-46.4

 

Pontiac Total

1,727

5,122

-66.3

-66.3

 

15,432

24,020

-35.8

 

Saab Total

205

434

-52.8

-52.8

 

2,526

3,693

-31.6

 

Saturn Total

12,822

9,904

29.5

29.5

 

79,583

82,876

-4.0

 

GM Light Truck Total

182,844

241,013

-24.1

-24.1

 

1,210,577

1,574,475

-23.1

 

 

* Twenty-seven selling days (S/D) for the August period this year and twenty-seven for last year.

** Prior to Aug ‘07, includes American Isuzu Motors, Inc., dealer deliveries of commercial vehicles distributed by GM as reported to GM by American Isuzu Motors Inc.

Effective Aug ‘07, GM only includes GMC & Chevrolet dealer deliveries of commercial vehicles distributed by American Isuzu Motors, Inc.

 

 

 


 

2-1P

GM Car Deliveries – (United States)

August 2008

 

 

August

 

(Calendar Year-to-Date)

 

January - August

 

2008

2007

% Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Selling Days (S/D)

27

27

 

 

 

27

27

 

 

Century

0

0

***.*

***.*

 

0

5

***.*

 

LaCrosse

5,814

6,059

-4.0

-4.0

 

29,045

33,336

-12.9

 

LaSabre

0

0

***.*

***.*

 

0

121

***.*

 

Lucerne

5,920

8,613

-31.3

-31.3

 

37,600

55,946

-32.8

 

Park Avenue

0

0

***.*

***.*

 

0

26

***.*

 

Buick Total

11,734

14,672

-20.0

-20.0

 

66,645

89,434

-25.5

 

CTS

5,867

3,887

50.9

50.9

 

43,119

31,664

36.2

 

DeVille

0

0

***.*

***.*

 

0

71

***.*

 

DTS

4,022

5,599

-28.2

-28.2

 

22,409

33,368

-32.8

 

STS

975

2,036

-52.1

-52.1

 

11,765

13,156

-10.6

 

XLR

118

134

-11.9

-11.9

 

956

1,299

-26.4

 

Cadillac Total

10,982

11,656

-5.8

-5.8

 

78,249

79,558

-1.6

 

Aveo

4,917

6,246

-21.3

-21.3

 

42,614

43,414

-1.8

 

Cavalier

0

0

***.*

***.*

 

0

57

***.*

 

Classic

0

0

***.*

***.*

 

0

17

***.*

 

Cobalt

15,281

20,814

-26.6

-26.6

 

145,941

133,101

9.6

 

Corvette

4,242

2,877

47.4

47.4

 

21,066

23,012

-8.5

 

Impala

30,271

24,929

21.4

21.4

 

182,591

226,541

-19.4

 

Malibu

15,618

14,413

8.4

8.4

 

120,830

91,229

32.4

 

Monte Carlo

5

914

-99.5

-99.5

 

701

13,496

-94.8

 

SSR

0

3

***.*

***.*

 

13

235

-94.5

 

Chevrolet Total

70,334

70,196

0.2

0.2

 

513,756

531,102

-3.3

 

Bonneville

0

0

***.*

***.*

 

0

130

***.*

 

G5

2,644

2,766

-4.4

-4.4

 

17,800

18,057

-1.4

 

G6

10,437

16,730

-37.6

-37.6

 

109,380

99,192

10.3

 

G8

1,915

0

***.*

***.*

 

9,657

0

***.*

 

Grand Am

0

0

***.*

***.*

 

0

99

***.*

 

Grand Prix

374

9,990

-96.3

-96.3

 

7,879

62,446

-87.4

 

GTO

0

200

***.*

***.*

 

52

4,007

-98.7

 

Solstice

917

1,316

-30.3

-30.3

 

9,030

11,857

-23.8

 

Sunfire

0

0

***.*

***.*

 

0

39

***.*

 

Vibe

6,243

3,200

95.1

95.1

 

33,154

24,925

33.0

 

Pontiac Total

22,530

34,202

-34.1

-34.1

 

186,952

220,752

-15.3

 

9-2X

0

0

***.*

***.*

 

3

118

-97.5

 

9-3

1,100

2,168

-49.3

-49.3

 

11,125

16,295

-31.7

 

9-5

198

409

-51.6

-51.6

 

1,943

3,155

-38.4

 

Saab Total

1,298

2,577

-49.6

-49.6

 

13,071

19,568

-33.2

 

Astra

1,994

0

***.*

***.*

 

7,914

0

***.*

 

Aura

4,671

6,785

-31.2

-31.2

 

44,811

39,841

12.5

 

ION

1

3,387

-100.0

-100.0

 

312

36,224

-99.1

 

Saturn L Series

0

0

***.*

***.*

 

0

2

***.*

 

Sky

897

1,041

-13.8

-13.8

 

7,573

8,163

-7.2

 

Saturn Total

7,563

11,213

-32.6

-32.6

 

60,610

84,230

-28.0

 

GM Car Total

124,441

144,516

-13.9

-13.9

 

919,283

1,024,644

-10.3

 

 

 


3-1P

GM Truck Deliveries (United States)

August 2008

 

 

August

(Calendar Year-to-Date)

January - August

 

2008

2007

% Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Selling Days (S/D)

27

27

 

 

 

27

27

 

 

Enclave

6,078

3,796

60.1

60.1

 

31,729

12,401

155.9

 

Rainier

2

284

-99.3

-99.3

 

110

4,367

-97.5

 

Rendezvous

0

282

***.*

***.*

 

23

15,091

-99.8

 

Terraza

19

290

-93.4

-93.4

 

502

4,868

-89.7

 

Buick Total

6,099

4,652

31.1

31.1

 

32,364

36,727

-11.9

 

Escalade

1,972

3,989

-50.6

-50.6

 

16,075

23,773

-32.4

 

Escalade ESV

941

1,367

-31.2

-31.2

 

7,637

10,633

-28.2

 

Escalade EXT

430

652

-34.0

-34.0

 

3,160

5,353

-41.0

 

SRX

1,080

1,817

-40.6

-40.6

 

12,015

15,267

-21.3

 

Cadillac Total

4,423

7,825

-43.5

-43.5

 

38,887

55,026

-29.3

 

Astro

0

0

***.*

***.*

 

0

25

***.*

 

C/K Suburban (Chevy)

5,408

8,209

-34.1

-34.1

 

37,318

54,999

-32.1

 

Chevy C/T Series

25

21

19.0

19.0

 

213

193

10.4

 

Chevy W Series

114

0

***.*

***.*

 

1,222

1,676

-27.1

 

Colorado

4,145

6,562

-36.8

-36.8

 

41,485

53,527

-22.5

 

Equinox

4,561

13,186

-65.4

-65.4

 

52,757

62,385

-15.4

 

Express Cutaway/G Cut

1,190

2,387

-50.1

-50.1

 

8,781

13,121

-33.1

 

Express Panel/G Van

5,057

8,960

-43.6

-43.6

 

35,524

52,485

-32.3

 

Express/G Sportvan

1,622

1,706

-4.9

-4.9

 

10,355

11,674

-11.3

 

HHR

8,776

12,886

-31.9

-31.9

 

71,112

72,153

-1.4

 

Kodiak 4/5 Series

440

836

-47.4

-47.4

 

4,969

6,360

-21.9

 

Kodiak 6/7/8 Series

77

168

-54.2

-54.2

 

1,122

1,634

-31.3

 

S/T Blazer

0

0

***.*

***.*

 

0

7

***.*

 

Tahoe

10,039

11,174

-10.2

-10.2

 

69,964

94,203

-25.7

 

TrailBlazer

11,923

13,747

-13.3

-13.3

 

56,508

90,781

-37.8

 

Uplander

1,573

7,802

-79.8

-79.8

 

37,542

45,765

-18.0

 

Venture

0

0

***.*

***.*

 

0

25

***.*

 

Avalanche

4,031

3,686

9.4

9.4

 

24,866

36,417

-31.7

 

Silverado-C/K Pickup

55,765

67,486

-17.4

-17.4

 

320,074

425,379

-24.8

 

Chevrolet Fullsize Pickups

59,796

71,172

-16.0

-16.0

 

344,940

461,796

-25.3

 

Chevrolet Total

114,746

158,816

-27.7

-27.7

 

773,812

1,022,809

-24.3

 

 

 


3-1P

GM Truck Deliveries (United States)

August 2008

 

 

August

(Calendar Year-to-Date)

January - August

 

2008

2007

% Chg Volume

%Chg per S/D

 

2008

2007

%Chg Volume

 

Selling Days (S/D)

27

27

 

 

 

27

27

 

 

Acadia

7,337

5,870

25.0

25.0

 

51,003

46,834

8.9

 

Canyon

1,285

1,821

-29.4

-29.4

 

11,280

14,912

-24.4

 

Envoy

3,554

6,400

-44.5

-44.5

 

17,583

33,312

-47.2

 

GMC C/T Series

34

42

-19.0

-19.0

 

353

751

-53.0

 

GMC W Series

188

0

***.*

***.*

 

1,904

2,609

-27.0

 

Safari (GMC)

0

0

***.*

***.*

 

0

13

***.*

 

Savana Panel/G Classic

718

1,315

-45.4

-45.4

 

6,649

10,484

-36.6

 

Savana Special/G Cut

1,324

457

189.7

189.7

 

8,480

7,371

15.0

 

Savana/Rally

100

175

-42.9

-42.9

 

829

1,309

-36.7

 

Sierra

20,297

23,574

-13.9

-13.9

 

115,067

138,759

-17.1

 

Topkick 4/5 Series

298

537

-44.5

-44.5

 

6,507

7,261

-10.4

 

Topkick 6/7/8 Series

356

1,035

-65.6

-65.6

 

2,793

4,356

-35.9

 

Yukon

4,077

4,959

-17.8

-17.8

 

27,019

39,234

-31.1

 

Yukon XL

2,626

5,037

-47.9

-47.9

 

17,394

29,279

-40.6

 

GMC Total

42,194

51,222

-17.6

-17.6

 

266,861

336,484

-20.7

 

HUMMER H1

4

13

-69.2

-69.2

 

17

114

-85.1

 

HUMMER H2

548

1,252

-56.2

-56.2

 

4,755

7,976

-40.4

 

HUMMER H3

1,608

4,412

-63.6

-63.6

 

15,423

29,590

-47.9

 

HUMMER Total

2,160

5,677

-62.0

-62.0

 

20,195

37,680

-46.4

 

Other-Isuzu F Series

0

0

***.*

***.*

 

0

1,116

***.*

 

Other-Isuzu H Series

0

0

***.*

***.*

 

0

61

***.*

 

Other-Isuzu N Series

0

0

***.*

***.*

 

0

6,729

***.*

 

Other-Isuzu Total

0

0

***.*

***.*

 

0

7,906

***.*

 

Aztek

0

0

***.*

***.*

 

0

25

***.*

 

Montana

0

0

***.*

***.*

 

0

26

***.*

 

Montana SV6

0

96

***.*

***.*

 

64

1,231

-94.8

 

Torrent

1,727

5,026

-65.6

-65.6

 

15,368

22,738

-32.4

 

Pontiac Total

1,727

5,122

-66.3

-66.3

 

15,432

24,020

-35.8

 

9-7X

205

434

-52.8

-52.8

 

2,526

3,693

-31.6

 

Saab Total

205

434

-52.8

-52.8

 

2,526

3,693

-31.6

 

Outlook

3,172

3,227

-1.7

-1.7

 

18,600

23,135

-19.6

 

Relay

1

72

-98.6

-98.6

 

156

1,203

-87.0

 

VUE

9,649

6,605

46.1

46.1

 

60,827

58,538

3.9

 

Saturn Total

12,822

9,904

29.5

29.5

 

79,583

82,876

-4.0

 

GM Truck Total

184,376

243,652

-24.3

-24.3

 

1,229,660

1,607,221

-23.5

 

 

 


GM Production Schedule - 9/03/08

 

 

 

 

 

 

 

 

 

Memo: Joint Venture

 

GMNA

 

 

 

Total

GMNA 1

International 5

Units 000s

Car 1

Truck 1

Total

GME 2

GMLAAM 3

GMAP 4

Worldwide

Car

Truck

 

2008 Q3 # *

443

477

920

350

305

547

2,122

21

29

286

O/(U) prior

 

 

 

 

 

 

 

 

 

 

forecast

(13)

33

20

(16)

0

(63)

(59)

0

(5)

(30)

2008 Q4 #

436

439

875

366

292

668

2,201

18

18

334

O/(U) prior

 

 

 

 

 

 

 

 

 

 

forecast

0

0

0

0

0

0

0

0

0

0

 

 

 

 

 

 

 

 

 

 

 

 

GMNA

 

 

 

Total

GMNA 1

International 5

Units 000s

Car

Truck

Total

GME

GMLAAM

GMAP

Worldwide

Car

Truck

 

2002

 

 

 

 

 

 

 

 

 

 

1st Qtr.

600

753

1,353

456

131

65

2,005

11

11

NA

2nd Qtr.

688

865

1,553

453

141

74

2,221

15

17

NA

3rd Qtr.

568

740

1,308

408

132

87

1,935

19

20

NA

4th Qtr.

602

824

1,426

453

157

81

2,117

14

25

NA

CY

2,458

3,182

5,640

1,770

561

307

8,278

59

73

NA

2003

 

 

 

 

 

 

 

 

 

 

1st Qtr.

591

860

1,451

491

127

77

2,146

19

24

NA

2nd Qtr.

543

837

1,380

488

128

90

2,086

19

24

NA

3rd Qtr.

492

753

1,245

393

135

120

1,893

20

17

NA

4th Qtr.

558

827

1,385

446

157

133

2,121

16

20

NA

CY

2,184

3,277

5,461

1,818

547

420

8,246

74

85

NA

2004

 

 

 

 

 

 

 

 

 

 

1st Qtr.

525

820

1,345

473

159

296

2,273

19

19

247

2nd Qtr.

543

846

1,389

503

172

337

2,401

18

48

284

3rd Qtr.

463

746

1,209

411

185

314

2,119

16

43

261

4th Qtr.

466

811

1,277

442

200

386

2,305

17

47

324

CY

1,997

3,223

5,220

1,829

716

1,333

9,098

70

158

1,116

2005

 

 

 

 

 

 

 

 

 

 

1st Qtr.

470

712

1,182

502

185

335

2,204

16

51

286

2nd Qtr.

458

789

1,247

501

195

398

2,341

17

49

337

3rd Qtr.

423

723

1,146

412

207

409

2,174

15

50

199

4th Qtr.

483

798

1,281

443

188

420

2,332

14

68

197

CY

1,834

3,022

4,856

1,858

775

1,562

9,051

62

218

1,019

2006

 

 

 

 

 

 

 

 

 

 

1st Qtr.

496

759

1,255

494

194

472

2,415

18

50

246

2nd Qtr.

462

775

1,237

495

206

482

2,420

17

58

258

3rd Qtr.

417

633

1,050

374

215

433

2,072

12

48

202

4th Qtr.

446

661

1,107

443

215

509

2,274

11

43

260

CY

1,821

2,828

4,649

1,806

830

1,896

9,181

58

199

966

2007

 

 

 

 

 

 

 

 

 

 

1st Qtr.

399

664

1,063

511

222

544

2,340

15

35

287

2nd Qtr.

402

740

1,142

464

233

571

2,410

12

42

264

3rd Qtr.

367

653

1,020

396

251

489

2,156

11

39

252

4th Qtr.

358

684

1,042

457

253

627

2,380

11

45

323

CY

1,526

2,741

4,267

1,828

960

2,231

9,286

49

161

1,126

2008

 

 

 

 

 

 

 

 

 

 

1st Qtr.

360

525

885

493

243

612

2,233

12

42

336

2nd Qtr.

382

452

834

495

276

619

2,224

20

36

320

3rd Qtr. #

443

477

920

350

305

547

2,122

21

29

286

4th Qtr. #

436

439

875

366

292

668

2,201

18

18

334

CY

1,621

1,893

3,514

1,704

960

2,446

8,780

71

125

1,276



 

 


 

*

Variance reported only if current production estimate by region differs from prior production estimate by 5K units or more

#

Denotes estimate

All Numbers may vary due to rounding

 

 

1

GMNA includes joint venture production - NUMMI units included in GMNA Car; HUMMER and CAMI units included in GMNA Truck

2

GME includes GM-AvtoVAZ joint venture production beginning in Q1 2004

3

GMLAAM includes GM Egypt joint venture from 2001 through current calendar year

4

GMAP includes joint venture production: Shanghai GM Norsom Motors (formerly Jinbei GM) and Shanghai GM beginning in2000 and SAIC-GM-Wuling and GM Daewoo Auto Technologies (GMDAT) beginning in Q1 2004.

5

International joint venture production includes GM-AvtoVAZ, GM Egypt, Shanghai GM Norsom Motors, Shanghai GM, SAIC-GM-Wuling, and GMDAT. Starting in Q3 2005 International joint venture production does not include GMDAT.

 

 

This report is governed by the Forward Looking Statements language found in the Terms and Conditions on the GM Institutional Investor website.