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) January 3, 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 January 3, 2003, General Motors Corporation (GM) issued a news release announcing best December sales since 1979. The release is as follows: GM Reports Best December Sales Since 1979 GM sales up 36 percent to 473,663 - Widening GM's Calendar Year Sales Leadership Truck Sales Set All-Time Industry Record - Up 6 Percent For The Year GM Gains Market Share For Second Consecutive Year, First Time Since 1976 DETROIT - General Motors Corp. dealers sold 473,663 new cars and trucks in December in the United States, a 36 percent increase versus December 2001. For the calendar year, GM dealers delivered 4,858,705 new vehicles, down a modest 1 percent from 2001. GM's overall truck sales (2,789,500) and overall SUV sales (1,239,074) set all-time industry records. "Our December results were outstanding, as was our overall performance for the calendar year," said John Smith, group vice president of North America Vehicle Sales, Service and Marketing. "GM had an excellent year in 2002 on all fronts...exciting new products, quality and productivity improvements -- all leading to market share gains and an increased customer base. We set all-time industry records for truck and SUV sales, and we continued the strong sales pace we have established with our new vehicle introductions for Cadillac, Saturn and HUMMER." GM truck performance was led by calendar year sales records for Chevrolet trucks, GMC trucks, Cadillac trucks and HUMMER. Cadillac sales improved 16 percent for the year on the strength of the CTS, Escalade and Escalade EXT. Saturn increased 7 percent in large part due to the VUE, which continues to gain momentum in the small utility segment. The HUMMER H2 is one of the hottest selling vehicles in the country and recently won the Detroit News 'Truck of the Year' award. GM Truck Sales For December, GM truck sales (301,528) were up 36 percent. December utility vehicle sales were an all-time monthly record for GM (139,749) and were up 56 percent as GM became the first manufacturer ever to top 1.2 million SUV sales in a calendar year. GM's midsize utility sales for the month were 57,967, an increase of 50 percent. GM's December sales of full-size utility vehicles (69,630 units) were up 47 percent from year-ago levels. GM also posted strong full-size pickup sales in December (108,226), an increase of 21 percent. GM Car Sales For December, GM had very strong car sales (172,135), increasing 37 percent overall. The Buick LeSabre (up 105 percent), the new Saab 9-3 (up 88 percent), Chevrolet Corvette (up 80 percent), Chevrolet Malibu (up 74 percent), Chevrolet Impala (up 50 percent), and the Cadillac Deville (up 24 percent) all had substantial gains over last December. The new Cadillac CTS posted another healthy sales month of 4,623 units and the new Pontiac Vibe had another solid month, selling 5,003 units. Certified Used Cars GM's industry-leading certified used car program sold approximately 30,149 total certified used vehicles in December, including the Cadillac, Saturn and Saab certified brands. The GM Certified Used Vehicle brand posted strong sales once again, selling 24,559 units. "For the year, we achieved more than 385,000 sales, a phenomenal effort by GM dealers, GMAC and the entire VSSM organization," Smith said. "Certified used vehicle sales exceeded our expectations and we expect to continue strong growth in 2003." GM Announces December and Fourth Quarter Production Results, First-Quarter 2003 Production Forecasts In December, GM produced 382,000 vehicles (158,900 cars and 223,100 trucks) in North America, compared to 362,000 vehicles (162,000 cars and 200,000 trucks produced in December 2001. (Production totals include joint venture production of 10,800 vehicles in December 2002 and 5,200 vehicles in December 2001.) In the fourth-quarter of 2002, GM built 1.425 million units (601,000 cars and 824,000 trucks) in North America. In the fourth-quarter of 2001, GM produced 1.294 million units (573,000 cars and 721,000 trucks) in North America. In addition, GM's 2003 first-quarter production forecast for North America remains unchanged at 1.4 million units (560,000 cars and 840,000 trucks). In the first quarter of 2002, GM North America produced 1.353 million vehicles (600,000 cars, 753,000 trucks). GM also announced current production forecasts for the first quarter of 2003 for its international regions: - GM Europe -- The region's revised fourth-quarter production forecast is 490,000 vehicles, down 4,000 vehicles from last month's initial forecast. - GM Asia Pacific -- GM Asia Pacific's current first-quarter forecast remains unchanged at 72,000 vehicles. - GM Latin America, Africa and the Middle East -- The regions' current first-quarter production forecast is 138,000 units, up 4,000 units from last month's initial forecast. 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, 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 II-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 December January - December --------------------------------------------------------- Curr S/D: 25 % Chg Prev S/D: 26 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Vehicle Total 473,663 362,169 36.0 4,858,705 4,904,015 -0.9 ------------------------------------------------------------------------------- Car Total 172,135 130,668 37.0 2,069,205 2,272,480 -8.9 ------------------------------------------------------------------------------- Truck Total 301,528 231,501 35.5 2,789,500 2,631,535 6.0 ------------------------------------------------------------------------------- Light Truck Total 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- Light Vehicle Total 469,618 358,748 36.1 4,820,016 4,862,661 -0.9 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Market Division Vehicle Total Calendar Year-to-Date December January - December --------------------------------------------------------- % Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Buick 43,540 27,586 64.1 432,017 405,678 6.5 Cadillac 19,872 12,313 67.8 199,748 172,083 16.1 Chevrolet 266,051 213,324 29.7 2,642,786 2,689,954 -1.8 GMC 63,798 49,042 35.3 560,868 554,753 1.1 HUMMER 3,864 71 ***.* 19,581 768 ***.* Oldsmobile 9,749 12,614 -19.6 155,112 233,745 -33.6 Other - Isuzu 1,415 1,323 11.2 13,708 15,346 -10.7 Pontiac 41,954 29,679 47.0 516,832 533,402 -3.1 Saab 2,743 2,720 4.9 37,805 37,556 0.7 Saturn 20,677 13,497 59.3 280,248 260,730 7.5 ------------------------------------------------------------------------------- ------------------------------------------------------------------------------- Sales of Domestically Produced Vehicles ------------------------------------------------------------------------------- Car 169,389 127,847 37.8 2,031,156 2,225,160 -8.7 ------------------------------------------------------------------------------- Light Truck 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- Twenty-five selling days for the December period this year and twenty-six 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) December 2002 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) December January - December ------------------------------------------------------ %Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------ Selling Days (S/D) 25 26 ------------------------------------------------------------------------------- Century 16,869 9,644 81.9 163,739 142,157 15.2 LeSabre 14,607 7,398 105.3 135,916 145,304 -6.5 Park Avenue 2,337 2,996 -18.9 30,140 36,454 -17.3 Regal 3,769 2,686 45.9 40,754 49,992 -18.5 Riviera 0 0 ***.* 0 17 ***.* Buick Total 37,582 22,724 72.0 370,549 373,924 -0.9 ------------------------------------------------------------------------------- Catera 3 101 -96.9 244 9,764 -97.5 CTS 4,623 0 ***.* 37,976 0 ***.* DeVille 7,889 6,602 24.3 84,729 95,354 -11.1 Eldorado 214 344 -35.3 5,661 9,859 -42.6 Seville 1,875 1,858 5.0 21,494 25,290 -15.0 Cadillac Total 14,604 8,905 70.6 150,104 140,267 7.0 ------------------------------------------------------------------------------- Camaro 736 2,524 -69.7 28,404 35,453 -19.9 Cavalier 18,358 14,348 33.1 238,225 233,298 2.1 Corvette 2,859 1,648 80.4 32,555 33,655 -3.3 Impala 21,734 15,084 49.8 198,918 208,395 -4.5 Lumina 1 2 -48.0 35 17,649 -99.8 Malibu 15,166 9,046 74.4 169,377 176,583 -4.1 Metro 0 2 ***.* 13 6,515 -99.8 Monte Carlo 5,066 3,979 32.4 64,771 72,596 -10.8 Prizm 17 2,335 -99.2 14,297 45,894 -68.8 Chevrolet Total 63,937 48,968 35.8 746,595 830,038 -10.1 ------------------------------------------------------------------------------- Alero 5,328 6,479 -14.5 94,285 109,302 -13.7 Aurora 443 1,008 -54.3 8,878 24,928 -64.4 Cutlass 0 0 ***.* 0 53 ***.* Eighty Eight 0 0 ***.* 0 16 ***.* Intrigue 619 1,423 -54.8 15,015 39,395 -61.9 Oldsmobile Total 6,390 8,910 -25.4 118,178 173,694 -32.0 ------------------------------------------------------------------------------- Bonneville 3,756 2,511 55.6 37,599 48,598 -22.6 Firebird 610 1,804 -64.8 20,613 25,743 -19.9 Grand Am 11,371 9,300 27.2 150,818 182,046 -17.2 Grand Prix 11,328 8,564 37.6 130,141 128,935 0.9 Sunfire 3,438 3,158 13.2 62,950 71,342 -11.8 Vibe 5,003 0 ***.* 39,082 0 ***.* Pontiac Total 35,506 25,337 45.7 441,203 456,664 -3.4 ------------------------------------------------------------------------------- 9-3 1,664 919 88.3 20,499 18,374 11.6 9-5 1,079 1,801 -37.7 17,306 19,182 -9.8 Saab Total 2,743 2,720 4.9 37,805 37,556 0.7 ------------------------------------------------------------------------------- ION 2,592 0 ***.* 6,066 0 ***.* Saturn L Series 5,187 5,378 0.3 81,172 98,227 -17.4 Saturn S Series 3,594 7,726 -51.6 117,533 162,110 -27.5 Saturn Total 11,373 13,104 -9.7 204,771 260,337 -21.3 ------------------------------------------------------------------------------- GM Total 172,135 130,668 37.0 2,069,205 2,272,480 -8.9 ------------------------------------------------------------------------------- GM Car Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 169,389 127,847 37.8 2,031,156 2,225,160 -8.7 ------------------------------------------------------------------------------- GM Import 2,746 2,821 1.2 38,049 47,320 -19.6 ------------------------------------------------------------------------------- GM Total 172,135 130,668 37.0 2,069,205 2,272,480 -8.9 ------------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 2-1P GM Car Deliveries - (United States) December 2002 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) December January - December ------------------------------------------------------ %Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------ Selling Days (S/D) 25 26 ------------------------------------------------------------------------------- GM Car Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 37,582 22,724 72.0 370,549 373,924 -0.9 Cadillac Total 14,601 8,804 72.5 149,860 130,503 14.8 Chevrolet Total 63,937 48,968 35.8 746,595 830,038 -10.1 Oldsmobile Total 6,390 8,910 -25.4 118,178 173,694 -32.0 Pontiac Total 35,506 25,337 45.7 441,203 456,664 -3.4 Saturn Total 11,373 13,104 -9.7 204,771 260,337 -21.3 GM North America Total* 169,389 127,847 37.8 2,031,156 2,225,160 -8.7 =============================================================================== Cadillac Total 3 101 -96.9 244 9,764 -97.5 Saab Total 2,743 2,720 4.9 37,805 37,556 0.7 GM Import Total 2,746 2,821 1.2 38,049 47,320 -19.6 ------------------------------------------------------------------------------- GM Vehicle Deliveries by Marketing Division ------------------------------------------------------------------------------- Buick Total 43,540 27,586 64.1 432,017 405,678 6.5 Cadillac Total 19,872 12,313 67.8 199,748 172,083 16.1 Chevrolet Total 266,051 213,324 29.7 2,642,786 2,689,954 -1.8 GMC Total 63,798 49,042 35.3 560,868 554,753 1.1 HUMMER Total 3,864 71 ***.* 19,581 768 ***.* Oldsmobile Total 9,749 12,614 -19.6 155,112 233,745 -33.6 Other-Isuzu Total 1,415 1,323 11.2 13,708 15,346 -10.7 Pontiac Total 41,954 29,679 47.0 516,832 533,402 -3.1 Saab Total 2,743 2,720 4.9 37,805 37,556 0.7 Saturn Total 20,677 13,497 59.3 280,248 260,730 7.5 GM Total 473,663 362,169 36.0 4,858,705 4,904,015 -0.9 ------------------------------------------------------------------------------- * Includes US/Canada/Mexico 3-1P GM Truck Deliveries - (United States) December 2002 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) December January - December ----------------------------------------------------------- % Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Selling Days (S/D) 25 26 ------------------------------------------------------------------------------- Rendezvous 5,958 4,862 27.4 61,468 31,754 93.6 Total Buick 5,958 4,862 27.4 61,468 31,754 93.6 ------------------------------------------------------------------------------- Escalade 3,702 2,935 31.2 36,114 31,270 15.5 Escalade ESV 36 0 ***.* 36 0 ***.* Escalade EXT 1,530 473 236.4 13,494 546 ***.* Total Cadillac 5,268 3,408 60.8 49,644 31,816 56.0 ------------------------------------------------------------------------------- Astro 3,281 4,205 -18.9 50,616 59,395 -14.8 C/K Suburban(Chevy) 17,601 14,225 28.7 151,056 154,782 -2.4 Chevy C/T Series 298 478 -35.2 4,470 6,487 -31.1 Chevy P Models & Mtr Hms 0 0 ***.* 0 226 ***.* Chevy W Series 187 214 -9.1 2,250 2,052 9.6 Express Cutaway/G Cut 1,912 1,525 30.4 20,764 16,896 22.9 Express Panel/G Van 6,153 5,018 27.5 65,512 66,712 -1.8 Express/G Sportvan 1,073 770 44.9 14,707 14,406 2.1 Kodiak 4/5 Series 475 0 ***.* 1,891 0 ***.* Kodiak 6/7/8 Series 166 0 ***.* 375 0 ***.* S/T Blazer 4,455 7,673 -39.6 95,937 149,195 -35.7 S/T Pickup 13,563 12,042 17.1 150,992 162,181 -6.9 Tahoe 25,130 17,872 46.2 209,767 202,319 3.7 Tracker 2,848 3,623 -18.2 42,212 52,368 -19.4 TrailBlazer 30,195 16,777 87.2 249,568 115,103 116.8 Venture 10,241 6,100 74.6 94,056 88,788 5.9 ................................................................................ Avalanche 7,776 8,306 -2.6 89,372 52,955 68.8 Silverado-C/K Pickup 76,760 65,528 21.8 652,646 716,051 -8.9 Chevrolet Fullsize Pickups 84,536 73,834 19.1 742,018 769,006 -3.5 ................................................................................ Chevrolet Total 202,114 164,356 27.9 1,896,191 1,859,916 2.0 ------------------------------------------------------------------------------- C/K Suburban(GMC) 0 0 ***.* 0 94 ***.* Envoy 13,744 7,448 91.9 110,720 51,208 116.2 GMC C/T Series 706 951 -22.8 10,462 12,808 -18.3 GMC W Series 413 455 -5.6 4,128 4,399 -6.2 P Models & Mtr Hms(GMC) 0 0 ***.* 0 36 ***.* S/T Jimmy 24 338 -92.6 964 30,825 -96.9 Safari (GMC) 915 1,052 -9.5 13,665 18,533 -26.3 Savana Panel/G Classic 1,877 1,707 14.4 21,296 24,175 -11.9 Savana Special/G Cut 669 346 101.1 8,262 9,948 -16.9 Savana/Rally 300 226 38.1 2,777 2,551 8.9 Sierra 22,160 18,929 21.8 202,045 210,154 -3.9 Sonoma 3,308 3,477 -1.1 41,100 42,062 -2.3 Topkick 4/5 Series 265 0 ***.* 1,067 0 ***.* Topkick 6/7/8 Series 120 0 ***.* 338 0 ***.* Yukon 10,674 7,060 57.2 76,488 77,254 -1.0 Yukon XL 8,623 7,053 27.2 67,556 70,706 -4.5 GMC Total 63,798 49,042 35.3 560,868 554,753 1.1 ------------------------------------------------------------------------------- HUMMER H1 56 71 -18.0 720 768 -6.3 HUMMER H2 3,808 0 ***.* 18,861 0 ***.* HUMMER Total 3,864 71 ***.* 19,581 768 ***.* ------------------------------------------------------------------------------- Bravada 1,162 1,721 -29.8 14,337 23,867 -39.9 Silhouette 2,197 1,983 15.2 22,597 36,184 -37.5 Oldsmobile Total 3,359 3,704 -5.7 36,934 60,051 -38.5 ------------------------------------------------------------------------------- Other-Isuzu F Series 209 181 20.1 1,994 2,253 -11.5 Other-Isuzu N Series 1,206 1,142 9.8 11,714 13,093 -10.5 Other-Isuzu Total 1,415 1,323 11.2 13,708 15,346 -10.7 ------------------------------------------------------------------------------- Aztek 2,429 1,229 105.5 27,793 27,322 1.7 Montana 4,019 3,113 34.3 47,836 49,416 -3.2 Pontiac Total 6,448 4,342 54.4 75,629 76,738 -1.4 ------------------------------------------------------------------------------- VUE 9,304 393 ***.* 75,477 393 ***.* Saturn Total 9,304 393 ***.* 75,477 393 ***.* ------------------------------------------------------------------------------- GM Total 301,528 231,501 35.5 2,789,500 2,631,535 6.0 ------------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 300,188 230,163 35.6 2,775,179 2,616,189 6.1 ------------------------------------------------------------------------------- GM Import 1,340 1,338 4.2 14,321 15,346 -6.7 ------------------------------------------------------------------------------- GM Total 301,528 231,501 35.5 2,789,500 2,631,535 6.0 ------------------------------------------------------------------------------- GM Light Duty Truck Deliveries by Production Source ------------------------------------------------------------------------------- GM North America * 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- GM Import 0 0 ***.* 0 0 ***.* ------------------------------------------------------------------------------- GM Total 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- * Includes U.S./Canada/Mexico 3-1P GM Truck Deliveries - (United States) December 2002 ------------------------------------------------------------------------------- Calendar Year-to-Date (1) December January - December ----------------------------------------------------------- % Chg 2002 2001 per S/D 2002 2001 % Chg ------------------------------------------------------------------------------- Selling Days (S/D) 25 26 ------------------------------------------------------------------------------- GM TRUCK Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 5,958 4,862 27.4 61,468 31,754 93.6 Cadillac Total 5,268 3,408 60.8 49,644 31,816 56.0 Chevrolet Total 201,998 164,211 27.9 1,894,705 1,858,487 1.9 GMC Total 63,501 48,809 35.3 558,058 552,195 1.1 HUMMER Total 3,864 71 ***.* 19,581 768 ***.* Oldsmobile Total 3,359 3,704 -5.7 36,934 60,051 -38.5 Other-Isuzu Total 488 363 39.8 3,683 3,987 -7.6 Pontiac Total 6,448 4,342 54.4 75,629 76,738 -1.4 Saturn Total 9,304 393 ***.* 75,477 393 ***.* GM North America Total* 300,188 230,163 35.6 2,775,179 2,616,189 6.1 ------------------------------------------------------------------------------- Chevrolet Total 116 145 -16.8 1,486 1,429 4.0 GMC Total 297 233 32.6 2,810 2,558 9.9 Other-Isuzu Total 927 960 0.4 10,025 11,359 -11.7 GM Import Total 1,340 1,338 4.2 14,321 15,346 -6.7 ------------------------------------------------------------------------------- GM Light Truck Deliveries by Production Source and Marketing Division ------------------------------------------------------------------------------- Buick Total 5,958 4,862 27.4 61,468 31,754 93.6 Cadillac Total 5,268 3,408 60.8 49,644 31,816 56.0 Chevrolet Total 200,988 163,664 27.7 1,887,205 1,851,151 1.9 GMC Total 62,294 47,636 36.0 544,873 537,510 1.4 HUMMER Total 3,864 71 ***.* 19,581 768 ***.* Oldsmobile Total 3,359 3,704 -5.7 36,934 60,051 -38.5 Pontiac Total 6,448 4,342 54.4 75,629 76,738 -1.4 Saturn Total 9,304 393 ***.* 75,477 393 ***.* GM North America Total* 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- GM Light Truck Deliveries by Marketing Division ------------------------------------------------------------------------------- Buick Total 5,958 4,862 27.4 61,468 31,754 93.6 Cadillac Total 5,268 3,408 60.8 49,644 31,816 56.0 Chevrolet Total 200,988 163,664 27.7 1,887,205 1,851,151 1.9 GMC Total 62,294 47,636 36.0 544,873 537,510 1.4 HUMMER Total 3,864 71 ***.* 19,581 768 ***.* Oldsmobile Total 3,359 3,704 -5.7 36,934 60,051 -38.5 Pontiac Total 6,448 4,342 54.4 75,629 76,738 -1.4 Saturn Total 9,304 393 ***.* 75,477 393 ***.* GM Total 297,483 228,080 35.6 2,750,811 2,590,181 6.2 ------------------------------------------------------------------------------- * Includes US/Canada/Mexico GM Production Schedule - 01/03/03 ------------------ ----- -------- ----- ---------- GMNA Total Memo: JV* Units 000s Car* Truck Total GME** GMLAAM GMAP Worldwide Car Truck ------------------ ----- -------- ----- ---------- 2002 Q4 601 824 1,425 453 159 81 2,118 13 24 O/(U) prior forecast:@ 0 10 10 (3) (1) (2) 4 0 0 ----------- ------------------ ----- -------- ----- ---------- 2003 Q1 # 560 840 1,400 490 138 72 2,100 18 24 O/(U) prior forecast:@ 0 0 0 (4) 4 0 0 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 1,425 453 159 81 2,118 13 24 CY # 2,456 3,182 5,638 1,770 563 307 8,278 59 72 2003 1st Qtr. # 560 840 1,400 490 138 72 2,100 18 24 ------------------ ----- ------- ----- ---------- @ 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 -------------------------- January 3, 2003 ---------------- By /s/Peter R. Bible -------------------------- (Peter R. Bible, Chief Accounting Officer)