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) December 7, 2000
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GENERAL MOTORS CORPORATION
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(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
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On December 7, 2000, General Motors Corporation's (GM) issued the following
November monthly production and estimates for fourth quarter 2000 and first
quarter 2001. The release is as follows:
ITEM 5. OTHER ITEMS
GM Announces November Monthly Production, Estimates for 4th Quarter 2000
and 1st Quarter 2001
DETROIT -- General Motors Corp. today announced its November 2000 monthly
production totaled 459,000 vehicles (229,000 cars and 230,000 trucks) in the
United States, Canada and Mexico.
In November 1999, GM produced 493,000 vehicles (267,000 cars and 226,000
trucks) in North America.
In addition, the North American fourth-quarter estimate was decreased to
1,373,000 vehicles (676,000 cars and 697,000 trucks) from last month's 1,378,000
vehicles (674,000 cars and 704,000 trucks).
For the first quarter of 2001, GM estimates it will produce 1,301,000
vehicles (635,000 cars and 666,000 trucks) in North America. In the first
quarter of 2000, GM produced 1,521,000 vehicles (746,000 cars and 775,000
trucks).
Additionally, GM estimates 2000 fourth-quarter and 2001 first-quarter
production for its international regions to come in at:
- GM Europe - 519,000 vehicles in the fourth quarter of 2000, from
530,000 in the fourth quarter of 1999. The first quarter of 2001
estimate is 574,000; production was 572,000 in the first quarter of
2000.
- GM Asia Pacific - 73,000 vehicles in the fourth quarter of 2000, from
47,000 in the fourth quarter of 1999. The first quarter of 2001
estimate is 61,000; production was 40,000 in the first quarter of 2000.
- GM Latin America, Africa and the Middle East - 138,000 vehicles in the
fourth quarter of 2000, from 97,000 in the fourth quarter of 1999. The
first quarter of 2001 estimate is 130,000; production was 118,000 in
the first quarter of 2000.
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.
# # #
GM Worldwide Production Schedule - 12/00
-------- ----- ------ ----- ---------
Total
Units GMNA GME GMLAAM GMAP Worldwide
000s
-------- ----- ------ ----- ---------
2000 Q4 1,373 519 138 73 2,103
O/(U)
prior
forecast:@ (5) (7) (3) (2) (17)
-------- ----- ------ ----- ---------
Total
Units GMNA GME GMLAAM GMAP Worldwide
000s
-------- ----- ------ ----- ---------
1997
1st Qtr. 1,442 472 130 32 2,076
2nd Qtr. 1,459 521 162 33 2,175
3rd Qtr. 1,269 417 170 31 1,887
4th Qtr. 1,458 464 142 37 2,101
CY 5,628 1,873 604 133 8,238
1998
1st Qtr. 1,375 424 146 36 1,981
2nd Qtr. 1,172 479 153 39 1,843
3rd Qtr. 1,002 440 137 37 1,616
4th Qtr. 1,510 522 89 36 2,157
CY 5,059 1,864 525 148 7,596
1999
1st Qtr. 1,506 524 93 38 2,161
2nd Qtr. 1,555 533 110 25 2,223
3rd Qtr. 1,359 427 112 47 1,945
4th Qtr. 1,453 530 97 47 2,127
CY 5,873 2,014 412 157 8,456
2000
1st Qtr. 1,521 572 118 40 2,251
2nd Qtr. 1,568 534 140 44 2,286
3rd Qtr. 1,319 374 151 52 1,896
4th Qtr. # 1,373 519 138 73 2,103
CY # 5,781 1,999 547 209 8,536
2001
1st Qtr. # 1,301 574 130 61 2,066
Qtr.#
--------------------------------------
@ Numbers may vary due to rounding
* 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.
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 reports 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: change 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.
<TABLE>
GENERAL MOTORS CORPORATION
NOVEMBER, 2000 PRODUCTION REPORT - MONTHLY PERFORMANCE & QUARTERLY FORECAST
<CAPTION>
-------------------- -------------------- -------------------- ------ ----- ------
United States Canada Mexico Total Total Total Memo: *
-------------------- -------------------- -------------------- -----------
(Units 000's) Car* Truck Total Car* Truck* Total Car Truck Total Car Truck NAO NUMMI CAMI
-------------------- -------------------- -------------------- ------ ----- ------ -----------
NOVEMBER ACTUAL
---------------------------------- -------------------- -------------------- ------ ----- ------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
November-00 152 167 319 61 37 98 16 26 42 229 230 459 4 9
November-99 185 182 367 65 37 102 17 7 24 267 226 493 4 10
------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ -----------
00 O/(U) 99 (33) (15) (48) (4) 0 (4) (1) 19 18 (38) 4 (34) 0 (1)
---------------------------------- -------------------- -------------------- ------ ----- ------ -----------
QUARTER FORECAST
---------------------------------- -------------------- -------------------- ------ ----- ------
Q:4 2000 467 527 994 162 95 257 47 75 122 676 697 1,373 12 23
O/(U) prior
------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ -----------
forecast: 1 (6) (5) 1 (1) 0 0 0 0 2 (7) (5) 0 0
---------------------------------- -------------------- -------------------- ------ ----- ------ -----------
---------------------------------- -------------------- -------------------- ------ ----- ------
Q:1 2001 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14
O/(U) prior
------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ -----------
forecast: 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14
---------------------------------- -------------------- -------------------- ------ ----- ------ -----------
-------------------- -------------------- -------------------- ------ ----- ------
HISTORY United States Canada Mexico Total Total Total Memo: *
-------------------- -------------------- -------------------- -----------
(Units 000's) Car Truck Total Car Truck Total Car Truck Total Car Truck NAO NUMMI CAMI
---------------------------------- -------------------- -------------------- ------ ----- ------ -----------
1999
1st Qtr 564 604 1,168 167 98 265 50 23 73 781 725 1,506 12 23
2nd Qtr 548 657 1,205 163 96 259 49 42 91 760 795 1,555 12 23
3rd Qtr 482 562 1,044 135 85 220 43 52 95 660 699 1,359 13 17
4th Qtr 550 576 1,126 164 94 258 45 24 69 759 694 1,453 12 26
------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----- -----
CALYR 2,144 2,399 4,543 629 373 1,002 187 141 328 2,960 2,913 5,873 49 89
2000
1st Qtr (Act) 520 623 1,143 185 102 287 41 50 91 746 775 1,521 13 24
2nd Qtr (Act) 562 625 1,187 174 99 273 51 57 108 787 781 1,568 13 23
3rd Qtr (Act) 495 465 960 147 90 237 47 75 122 689 630 1,319 12 22
4th Qtr (Est) 467 527 994 162 95 257 47 75 122 676 697 1,373 12 23
------------ ------ ------------ ------ ------ ------ ------ ------ ----- ------ ----- -----
CALYR (Est) 2,044 2,240 4,284 668 386 1,054 186 257 443 2,898 2,883 5,781 50 92
2001
1st Qtr (Est) 458 511 969 134 86 220 43 69 112 635 666 1,301 13 14
---------------------------------- -------------------- -------------------- ------ ----- ------
* NUMMI units included in U.S. Car: CAMI units included in Canada Car and Truck figures.
International and worldwide production totals available on Page 2 of this release.
</TABLE>
<TABLE>
GENERAL MOTORS CORPORATION
U.S. PASSENGER PRODUCTION
MONTH OF: NOVEMBER, 2000
<CAPTION>
TOTAL UNITS 2000 2001 2000
ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU
PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
BOWLING GREEN CHEVROLET Y CORVETTE 0 2,681 2,681 33,659 15,033 32,414
-----------------------------------------------------------------------------------------------------------
FAIRFAX PONTIAC W GRAND PRIX 0 14,106 14,106 172,811 68,533 158,697
OLDSMOBILE W INTRIGUE 0 4,729 4,729 80,511 22,743 56,980
-----------------------------------------------------------------------------------------------------------
HAMTRAMCK BUICK H LESABRE 0 6,979 6,979 118,519 36,782 86,395
CADILLAC K SEVILLE 0 2,449 2,449 34,592 14,625 26,141
CADILLAC K-Sp DEVILLE 0 7,900 7,900 98,456 43,077 112,279
-----------------------------------------------------------------------------------------------------------
LANSING "C" PONTIAC N GRAND AM 0 4,199 4,199 68,892 25,544 65,339
(South) OLDSMOBILE N ALERO 0 9,596 9,596 137,140 54,318 128,784
-----------------------------------------------------------------------------------------------------------
LANSING "M" PONTIAC N GRAND AM 0 11,140 11,140 186,963 71,590 175,052
(North) CHEVROLET P90 MALIBU 0 2,501 2,501 0 4,143 4,143
-----------------------------------------------------------------------------------------------------------
LANS CRAFT CTRCADILLAC E ELDORADO 0 662 662 5,433 6,011 11,444
-----------------------------------------------------------------------------------------------------------
LORDSTOWN CHEVROLET J CAVALIER 0 20,059 20,059 258,903 117,472 234,327
PONTIAC J SUNFIRE 0 6,849 6,849 100,494 41,888 86,759
-----------------------------------------------------------------------------------------------------------
OKLAHOMA CITY CHEVROLET P90 MALIBU 0 18,002 18,002 252,519 106,277 239,432
-----------------------------------------------------------------------------------------------------------
ORION BUICK C PARK AVENUE 0 3,163 3,163 52,322 20,377 42,438
BUICK H LESABRE 0 6,193 6,193 82,521 33,017 65,681
PONTIAC H BONNEVILLE 0 3,330 3,330 62,463 21,223 63,589
OLDSMOBILE G AURORA 0 1,438 1,438 0 39,229 37,697
-----------------------------------------------------------------------------------------------------------
WILMINGTON SATURN J LS/LW 0 7,752 7,752 104,232 36,099 78,883
-----------------------------------------------------------------------------------------------------------
SPRING HILL SATURN Z SC/SL/SW 0 14,571 14,571 170,189 96,689 163,437
-----------------------------------------------------------------------------------------------------------
TOTAL U.S. PASSENGER 0 148,299 148,299 2,040,567 874,670 1,871,032
====== ======= ======= ========= ======== =========
</TABLE>
<TABLE>
GENERAL MOTORS CORPORATION
U.S. TRUCK PRODUCTION
MONTH OF: NOVEMBER, 2000
<CAPTION>
TOTAL UNITS 2000 2001 2000
ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU
PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
ARLINGTON CHEVROLET TAHOE 4-DR (420) 0 11,844 11,844 27,148 23,743 35,359
GMC YUKON 4-DR (420) 0 40 40 18,114 204 7,321
-----------------------------------------------------------------------------------------------------------
BALTIMORE CHEVROLET ASTRO (M) VAN 0 5,100 5,100 120,541 22,930 85,917
GMC SAFARI (M) VAN 0 1,871 1,871 45,729 8,540 30,691
-----------------------------------------------------------------------------------------------------------
DORAVILLE CHEVROLET VENTURE 0 10,206 10,206 131,377 53,633 123,568
PONTIAC MONTANA 0 8,483 8,483 93,617 40,643 86,491
OLDSMOBILE SILHOUETTE 0 3,109 3,109 45,966 15,762 36,149
-----------------------------------------------------------------------------------------------------------
FLINT CHEVROLET C/K PICKUP 0 2,540 2,540 56,127 5,291 33,671
GMC SIERRA PICKUP 0 483 483 21,021 1,446 11,932
CHEVROLET C/K CREW CAB (480) 0 2,786 2,786 33,071 6,587 23,362
GMC SIERRA CREW CAB
(480) 0 1,082 1,082 10,776 2,293 7,667
-----------------------------------------------------------------------------------------------------------
FT. WAYNE CHEVROLET SILVERADO PICKUP 0 15,561 15,561 201,338 78,502 177,609
GMC SIERRA PICKUP 0 4,733 4,733 70,613 21,512 57,852
-----------------------------------------------------------------------------------------------------------
JANESVILLE #1 CHEVROLET TAHOE 4-DR 0 8,125 8,125 78,307 50,263 125,323
GMC YUKON 4-DR 0 6,109 6,109 31,196 23,082 52,907
CHEVROLET SUBURBAN 0 1,320 1,320 1,263 5,232 6,398
GMC YUKON XL 0 1,426 1,426 1,027 3,768 4,689
-----------------------------------------------------------------------------------------------------------
JANESVILLE #2 CHEVROLET KODIAK MEDIUM 0 460 460 9,564 1,217 6,152
GMC TOPKICK MEDIUM 0 563 563 25,474 2,290 17,541
-----------------------------------------------------------------------------------------------------------
JANESVILLE #3 CHEV/GMC W-4 (LIGHT) 0 423 423 6,300 2,098 5,617
-----------------------------------------------------------------------------------------------------------
LINDEN CHEVROLET S10-PICKUP (325) 0 6,551 6,551 95,520 33,204 79,945
GMC SONOMA PICKUP
(325) 0 1,366 1,366 13,055 6,109 14,046
CHEVROLET BLAZER (330) 0 5,352 5,352 78,790 29,121 68,657
GMC JIMMY (330) 0 2,239 2,239 13,804 8,218 17,303
-----------------------------------------------------------------------------------------------------------
MORAINE CHEVROLET BLAZER 0 12,200 12,200 188,018 72,253 169,701
GMC JIMMY 0 6,371 6,371 86,068 33,766 80,544
OLDSMOBILE BRAVADA 0 2,166 2,166 33,184 9,639 29,454
-----------------------------------------------------------------------------------------------------------
PONTIAC EAST CHEVROLET SILVERADO PICKUP 0 18,954 18,954 250,455 87,644 221,893
GMC SIERRA PICKUP 0 5,149 5,149 85,107 22,650 64,078
-----------------------------------------------------------------------------------------------------------
SHREVEPORT CHEVROLET S10-PICKUP (325) 0 9,711 9,711 162,628 58,868 148,531
GMC SONOMA PICKUP
(325) 0 3,055 3,055 53,011 16,367 44,094
-----------------------------------------------------------------------------------------------------------
WENTZVILLE CHEVROLET EXPRESS (G) VAN 0 5,859 5,859 131,179 52,276 121,928
GMC SAVANA (G) VAN 0 1,746 1,746 51,730 16,126 41,223
-----------------------------------------------------------------------------------------------------------
TOTAL U.S. TRUCK 0 167,132 167,132 2,363,727 815,625 2,086,575
====== ======== ========= ========== ======== =========
-----------------------------------------------------------------------------------------------------------
TOTAL U.S. CAR & TRUCK 0 315,431 315,431 4,404,294 1,690,295 3,957,607
-----------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
GENERAL MOTORS CORPORATION
CANADA PASSENGER AND TRUCK PRODUCTION
MONTH OF: NOVEMBER, 2000
<CAPTION>
CANADA PASSENGER PRODUCTION:
TOTAL UNITS 2000 2001 2000
ASSEMBLY BODY PRODUCT 2000 MY 2001 MY PRODUCED MYTD THRU MYTD THRU CYTD THRU
PLANT DIVISION CODE TYPE NET NOV NET NOV NET NOV NOV 2000 NOV 2000 NOV 2000
-------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C>
OSHAWA #1 CHEVROLET W IMPALA 0 19,977 19,977 221,173 95,438 193,938
CHEVROLET W MONTE CARLO 0 6,282 6,282 64,347 33,940 71,299
OSHAWA #2 BUICK W CENTURY/REGAL 0 20,393 20,393 222,981 103,548 220,943
CHEVROLET W LUMINA 0 5,781 5,781 37,493 21,562 41,777
STE. THERESE CHEVROLET F CAMARO 0 3,507 3,507 45,461 17,079 40,550
PONTIAC F FIREBIRD 0 2,629 2,629 31,826 12,478 28,588
-----------------------------------------------------------------------------------------------------------
TOTAL CANADA PASSENGER 0 58,569 58,569 623,281 284,045 597,095
====== ====== ======= ======== ======== =========
CANADA TRUCK PRODUCTION:
OSHAWA TRUCK CHEVROLET SILVERADO
PICKUP 0 21,833 21,833 242,530 101,282 231,656
GMC SIERRA PICKUP 0 8,378 8,378 66,590 34,116 69,003
-----------------------------------------------------------------------------------------------------------
TOTAL CANADA TRUCK 0 30,211 30,211 309,120 135,398 300,659
====== ======= ======= ======== ======== ========
-----------------------------------------------------------------------------------------------------------
TOTAL CANADA CAR & TRUCK 0 88,780 88,780 932,401 419,443 897,754
-----------------------------------------------------------------------------------------------------------
-----------------------------------------------------------------------------------------------------------
TOTAL NAO - PASSENGER 0 222,761 222,761 2,835,486 1,225,973 2,639,447
TOTAL NAO - TRUCK 14 223,063 223,077 2,812,847 1,071,103 2,621,966
-----------------------------------------------------------------------------------------------------------
TOTAL G.M. NORTH AMERICAN OPERATIONS 14 445,824 445,838 5,648,333 2,297,076 5,261,413
-----------------------------------------------------------------------------------------------------------
</TABLE>
# # #
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
--------------------------
(Registrant)
Date December 8, 2000
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By
/s/Peter R. Bible
-------------------------------
(Peter R. Bible,
Chief Accounting Officer)
