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 1, 2000
------------------
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
--------------
On December 1, 2000, General Motors Corporation's (GM) issued the following
November vehicle sales in a Form 8-K:
ITEM 5. OTHER ITMES
GM Vehicle Sales Decrease 8% in November
o GM Car Sales Down 9%
o GM Truck Sales Down 8%
o GM Trucks - Best CYTD
o Utility Sales Up 10% CYTD
DETROIT -- General Motors sold 320,992 new cars and trucks in November,
down eight percent from last year. GM truck sales decreased eight percent to
163,214 units from November 1999 -- the best November in history for GM truck
sales -- and car sales abated nine percent to 157,778 units.
"We anticipated that industry sales would moderate in the second half
compared to last year's record pace, and while demand is moderating, sales
remain healthy on an historical basis," said Bill Lovejoy, group vice president
of North America Vehicle Sales, Service and Marketing. "In this extremely
competitive industry, we are working hand-in-hand with our dealers to focus our
products in key markets that offer consumers outstanding value."
An important element of GM's performance remains in growing sales in the
truck market and the corporation is on track to set an all-time record for truck
sales this calendar year. Consumer demand for GM full-size utilities was evident
in November as sales climbed 20 percent from the year-ago month. CYTD sales also
remain strong for the Chevrolet Tahoe and Suburban and the GMC Yukon and Yukon
XL. CYTD sales for GM's entire utility lineup rose 10 percent. Full-size van
sales also performed well CYTD, with sales rising 11 percent for the period.
Calendar-year-to-date Performance
---------------------------------
GM set a new record for CYTD-November truck sales, boosting sales two
percent for the period. Total vehicle sales for the period rose one percent
while car sales dipped one percent.
Sales of vehicles in key* car and truck segments continued to fuel GM's
sales strength through November. Overall, GM key segment sales climbed four
percent in the CYTD period. Mid utility sales led the way with a 12 percent
sales hike for the period, followed by full-size utilities, which rose seven
percent.
November Records
----------------
o Pontiac Truck
o Chevrolet Tracker
o Chevrolet Full-size Utilities
o Chevrolet Tahoe
o GMC Full-size Utilities
o GMC Yukon
Calendar-year-to-date Sales Snapshot
------------------------------------
o Vehicle sales up 1%
o Car sales down 1%
o Truck sales up 2%
o Key segment performance up 4%
o Strongest sales performances: Mid utility sales (up 12%), full-size vans
(up 11%) and all utilities (up 10%).
CYTD Records
------------
o Oldsmobile Alero
o Saab 9-5
o GM Trucks
o Chevrolet Trucks
o GMC
o Pontiac Trucks
o GM Vans
o Chevrolet Vans
o Chevrolet Venture
o Chevrolet Express
o GMC Savana
o Chevrolet Silverado
o GM Utilities
o Chevrolet Utilities
o GMC Utilities
o GM Mid Utilities
o GMC Jimmy
o GM Full-size Utilities
o Chevrolet Full-size Utilities
o Chevrolet Tahoe
o GMC Full-size Utilities
o GMC Yukon XL
o GMC Yukon
o Cadillac Escalade
* Key segments include midsize cars, mid utilities, full-size pickups, and
full-size utilities
**Note: GM sales results are also accessible on GM Media Online at
http://media.gm.com by clicking the Sales Data icon.
-------------------
# # #
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.
<TABLE>
2-1P
GM Car Deliveries - (United States)
November 2000
---------------------------------------------------------------------------------------------------------
<CAPTION>
Calendar Year-to-Date
(1) November January - November
----------------------------------------------------------------------
%Chg
2000 1999 per S/D 2000 1999 %Chg
----------------------------------------------------------------------
Selling Days (S/D) 25 25
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Century 6,363 8,276 -23.1 135,699 146,462 -7.3
LeSabre 9,878 10,430 -5.3 137,264 138,028 -0.6
Park Avenue 3,664 3,498 4.7 44,168 58,703 -24.8
Regal 3,517 4,155 -15.4 62,120 70,077 -11.4
Riviera 14 29 -51.7 56 2,223 -97.5
Buick Total 23,436 26,388 -11.2 379,307 415,493 -8.7
---------------------------------------------------------------------------------------------------------
Catera 756 697 8.5 15,164 14,229 6.6
DeVille 6,113 7,155 -14.6 98,853 81,804 20.8
Eldorado 1,474 1,331 10.7 11,649 13,905 -16.2
Seville 2,288 2,146 6.6 26,588 31,050 -14.4
Cadillac Total 10,631 11,329 -6.2 152,254 140,988 8.0
---------------------------------------------------------------------------------------------------------
Camaro 2,748 2,555 7.6 39,361 37,767 4.2
Cavalier 18,298 16,393 11.6 222,510 251,682 -11.6
Corvette 2,376 2,779 -14.5 28,874 27,089 6.6
Impala (W) 12,556 11,406 10.1 161,676 68,076 137.5
Lumina 5,575 4,289 30.0 42,236 93,457 -54.8
Malibu 9,439 15,149 -37.7 195,407 198,639 -1.6
Metro 2,716 2,559 6.1 31,832 28,689 11.0
Monte Carlo 4,289 4,320 -0.7 62,465 62,624 -0.3
Prizm 3,199 1,904 68.0 47,948 41,767 14.8
Chevrolet Total 61,196 61,354 -0.3 832,309 809,790 2.8
---------------------------------------------------------------------------------------------------------
Achieva 0 0 ***.* 0 34 ***.*
Alero 5,520 9,164 -39.8 114,523 110,120 4.0
Aurora 1,987 360 451.9 24,516 15,999 53.2
Cutlass 52 609 -91.5 1,237 32,277 -96.2
Cutlass Supreme 0 0 ***.* 0 76 ***.*
Eighty Eight 29 337 -91.4 477 23,679 -98.0
Intrigue 3,674 5,874 -37.5 59,822 81,024 -26.2
Oldsmobile Total 11,262 16,344 -31.1 200,575 263,209 -23.8
---------------------------------------------------------------------------------------------------------
Bonneville 2,813 2,837 -0.8 62,383 41,497 50.3
Firebird 1,975 2,291 -13.8 29,209 31,466 -7.2
Grand Am 11,028 16,188 -31.9 205,698 217,788 -5.6
Grand Prix 8,015 9,667 -17.1 141,103 137,369 2.7
Sunfire 6,044 5,771 4.7 78,057 84,389 -7.5
Pontiac Total 29,875 36,754 -18.7 516,450 512,509 0.8
---------------------------------------------------------------------------------------------------------
900 4 4 0.0 62 226 -72.6
9000 0 3 ***.* 18 49 -63.3
9-3 1,237 1,191 3.9 17,616 21,006 -16.1
9-5 1,890 1,302 45.2 18,030 15,340 17.5
Saab Total 3,131 2,500 25.2 35,726 36,621 -2.4
---------------------------------------------------------------------------------------------------------
Saturn EV1 0 0 ***.* 411 94 337.2
Saturn L Series 6,576 5,222 25.9 87,191 19,386 349.8
Saturn S Series 11,671 12,807 -8.9 165,903 194,972 -14.9
Saturn Total 18,247 18,029 1.2 253,505 214,452 18.2
---------------------------------------------------------------------------------------------------------
GM Total 157,778 172,698 -8.6 2,370,126 2,393,062 -1.0
---------------------------------------------------------------------------------------------------------
GM Car Deliveries by Production Source
---------------------------------------------------------------------------------------------------------
GM North America * 153,891 169,501 -9.2 2,319,236 2,342,212 -1.0
---------------------------------------------------------------------------------------------------------
GM Import 3,887 3,197 21.6 50,890 50,850 0.1
---------------------------------------------------------------------------------------------------------
GM Total 157,778 172,698 -8.6 2,370,126 2,393,062 -1.0
---------------------------------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
2-1P
GM Car Deliveries - (United States)
November 2000
<CAPTION>
---------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
----------------------------------------------------------------------
%Chg
2000 1999 per S/D 2000 1999 %Chg
----------------------------------------------------------------------
Selling Days (S/D) 25 25
---------------------------------------------------------------------------------------------------------
GM Car Deliveries by Production Source and Marketing Division
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Buick Total 23,436 26,388 -11.2 379,307 415,493 -8.7
Cadillac Total 9,875 10,632 -7.1 137,090 126,759 8.2
Chevrolet Total 61,196 61,354 -0.3 832,309 809,790 2.8
Oldsmobile Total 11,262 16,344 -31.1 200,575 263,209 -23.8
Pontiac Total 29,875 36,754 -18.7 516,450 512,509 0.8
Saturn Total 18,247 18,029 1.2 253,505 214,452 18.2
GM North America Total* 153,891 169,501 -9.2 2,319,236 2,342,212 -1.0
---------------------------------------------------------------------------------------------------------
Cadillac Total 756 697 8.5 15,164 14,229 6.6
Saab Total 3,131 2,500 25.2 35,726 36,621 -2.4
GM Import Total 3,887 3,197 21.6 50,890 50,850 0.1
---------------------------------------------------------------------------------------------------------
GM Vehicle Deliveries by Marketing Division
---------------------------------------------------------------------------------------------------------
Buick Total 23,436 26,388 -11.2 379,307 415,493 -8.7
Cadillac Total 11,815 14,095 -16.2 173,873 161,941 7.4
Chevrolet Total 177,433 188,168 -5.7 2,432,936 2,374,009 2.5
GMC Total 36,147 38,318 -5.7 490,922 489,343 0.3
Hummer Total 63 0 ***.* 836 0 ***.*
Oldsmobile Total 15,752 21,937 -28.2 265,878 326,143 -18.5
Pontiac Total 34,968 40,893 -14.5 582,208 571,107 1.9
Saab Total 3,131 2,500 25.2 35,726 36,621 -2.4
Saturn Total 18,247 18,029 1.2 253,505 214,452 18.2
GM Total 320,992 350,328 -8.4 4,615,191 4,589,109 0.6
---------------------------------------------------------------------------------------------------------
* Includes US/Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
3-1P
GM Truck Deliveries - (United States)
November 2000
<CAPTION>
----------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
--------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
----------------------------------------------------------------------------------------------------------
Selling Days (S/D) 25 25
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Escalade 1,184 2,766 -57.2 21,619 20,953 3.2
Total Cadillac 1,184 2,766 -57.2 21,619 20,953 3.2
----------------------------------------------------------------------------------------------------------
Astro 4,981 6,993 -28.8 88,011 93,529 -5.9
C/K Suburban(Chev) 10,380 10,523 -1.4 121,293 125,918 -3.7
Chevy C/T Series 455 765 -40.5 7,604 8,712 -12.7
Chevy P Models & Mtr Hms 179 207 -13.5 746 5,623 -86.7
Express Cutaway/G Cut 1,432 1,004 42.6 19,338 13,849 39.6
Express Panel/G Van 5,084 5,269 -3.5 72,787 70,621 3.1
Express/G Sportvan 732 775 -5.5 13,586 12,245 11.0
S/T Blazer 12,660 18,790 -32.6 214,495 203,038 5.6
S/T Pickup 10,762 15,353 -29.9 201,745 216,702 -6.9
Silverado-C/K Pickup 47,823 50,581 -5.5 587,759 573,412 2.5
Tahoe 13,760 7,980 72.4 134,715 113,534 18.7
Tiltmaster Medium 8 6 33.3 76 43 76.7
Tiltmaster W4 Light 168 105 60.0 2,101 1,832 14.7
Tracker 3,132 2,944 6.4 44,466 35,309 25.9
Venture 4,681 5,519 -15.2 91,905 89,852 2.3
Chevrolet Total 116,237 126,814 -8.3 1,600,627 1,564,219 2.3
----------------------------------------------------------------------------------------------------------
C/K Suburban(GMC) 23 3,299 -99.3 4,761 41,728 -88.6
Forward Medium 24 7 242.9 201 111 81.1
GMC C/T Series 838 1,695 -50.6 20,310 18,593 9.2
P Models & Mtr Hms(GMC) 16 20 -20.0 448 663 -32.4
S/T Jimmy 5,023 6,217 -19.2 75,032 67,917 10.5
Safari (GMC) 2,098 1,668 25.8 30,294 29,488 2.7
Savana Panel/G Classic 1,563 1,842 -15.1 27,714 24,208 14.5
Savana Special/G Cut 503 327 53.8 8,743 8,211 6.5
Savana/Rally 300 240 25.0 3,544 2,739 29.4
Sierra 13,882 15,213 -8.7 173,847 189,366 -8.2
Sonoma 2,629 3,522 -25.4 48,645 53,825 -9.6
W4 Forward Light 271 256 5.9 3,866 3,264 18.4
Yukon 5,008 3,948 26.8 50,922 49,166 3.6
Yukon XL 3,969 64 ***.* 42,595 64 ***.*
GMC Total 36,147 38,318 -5.7 490,922 489,343 0.3
----------------------------------------------------------------------------------------------------------
H1 63 0 ***.* 836 0 ***.*
Hummer Total 63 0 ***.* 836 0 ***.*
----------------------------------------------------------------------------------------------------------
Bravada 1,771 2,816 -37.1 27,844 25,306 10.0
Silhouette 2,719 2,777 -2.1 37,459 37,628 -0.4
Oldsmobile Total 4,490 5,593 -19.7 65,303 62,934 3.8
----------------------------------------------------------------------------------------------------------
Aztek 2,277 0 ***.* 8,958 0 ***.*
Montana 2,785 4,126 -32.5 56,729 57,091 -0.6
Trans Sport 31 13 138.5 71 1,507 -95.3
Pontiac Total 5,093 4,139 23.0 65,758 58,598 12.2
----------------------------------------------------------------------------------------------------------
GM Total 163,214 177,630 -8.1 2,245,065 2,196,047 2.2
----------------------------------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source
----------------------------------------------------------------------------------------------------------
GM North America * 162,906 177,408 -8.2 2,240,858 2,192,323 2.2
----------------------------------------------------------------------------------------------------------
GM Import 308 222 38.7 4,207 3,724 13.0
----------------------------------------------------------------------------------------------------------
GM Total 163,214 177,630 -8.1 2,245,065 2,196,047 2.2
----------------------------------------------------------------------------------------------------------
GM Light Duty Truck Deliveries by Production Source
----------------------------------------------------------------------------------------------------------
GM North America * 161,613 174,948 -7.6 2,212,944 2,165,018 2.2
----------------------------------------------------------------------------------------------------------
GM Import 276 209 32.1 3,930 3,570 10.1
----------------------------------------------------------------------------------------------------------
GM Total 161,889 175,157 -7.6 2,216,874 2,168,588 2.2
----------------------------------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
3-1P
GM Truck Deliveries - (United States)
November 2000
<CAPTION>
----------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) November January - November
--------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
----------------------------------------------------------------------------------------------------------
Selling Days (S/D) 25 25
----------------------------------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source and Marketing Division
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Cadillac Total 1,184 2,766 -57.2 21,619 20,953 3.2
Chevrolet Total 116,096 126,741 -8.4 1,599,040 1,562,879 2.3
GMC Total 35,980 38,169 -5.7 488,302 486,959 0.3
Hummer Total 63 0 ***.* 836 0 ***.*
Oldsmobile Total 4,490 5,593 -19.7 65,303 62,934 3.8
Pontiac Total 5,093 4,139 23.0 65,758 58,598 12.2
GM North America Total* 162,906 177,408 -8.2 2,240,858 2,192,323 2.2
----------------------------------------------------------------------------------------------------------
Chevrolet Total 141 73 93.2 1,587 1,340 18.4
GMC Total 167 149 12.1 2,620 2,384 9.9
GM Import Total 308 222 38.7 4,207 3,724 13.0
----------------------------------------------------------------------------------------------------------
GM Light Truck Deliveries by Production Source and Marketing Division
----------------------------------------------------------------------------------------------------------
Cadillac Total 1,184 2,766 -57.2 21,619 20,953 3.2
Chevrolet Total 115,641 125,976 -8.2 1,591,436 1,554,167 2.4
GMC Total 35,142 36,474 -3.7 467,992 468,366 -0.1
Hummer Total 63 0 ***.* 836 0 ***.*
Oldsmobile Total 4,490 5,593 -19.7 65,303 62,934 3.8
Pontiac Total 5,093 4,139 23.0 65,758 58,598 12.2
GM North America Total* 161,613 174,948 -7.6 2,212,944 2,165,018 2.2
----------------------------------------------------------------------------------------------------------
Chevrolet Total 133 67 98.5 1,511 1,297 16.5
GMC Total 143 142 0.7 2,419 2,273 6.4
GM Import Total 276 209 32.1 3,930 3,570 10.1
----------------------------------------------------------------------------------------------------------
GM Light Truck Deliveries by Marketing Division
----------------------------------------------------------------------------------------------------------
Cadillac Total 1,184 2,766 -57.2 21,619 20,953 3.2
Chevrolet Total 115,774 126,043 -8.1 1,592,947 1,555,464 2.4
GMC Total 35,285 36,616 -3.6 470,411 470,639 0.0
Hummer Total 63 0 ***.* 836 0 ***.*
Oldsmobile Total 4,490 5,593 -19.7 65,303 62,934 3.8
Pontiac Total 5,093 4,139 23.0 65,758 58,598 12.2
GM Total 161,889 175,157 -7.6 2,216,874 2,168,588 2.2
----------------------------------------------------------------------------------------------------------
* Includes US/Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
Detroit -- General Motors dealers in the United States today reported the following vehicle sales:
<CAPTION>
-------------------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
November January - November
------------------------------------------------------------------------------------
Curr S/D: 25 % Chg
Prev S/D: 25 2000 1999 per S/D 2000 1999 % Chg
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Vehicle Total 320,992 350,328 -8.4 4,615,191 4,589,109 0.6
-------------------------------------------------------------------------------------------------------------------
Car Total 157,778 172,698 -8.6 2,370,126 2,393,062 -1.0
-------------------------------------------------------------------------------------------------------------------
Truck Total 163,214 177,630 -8.1 2,245,065 2,196,047 2.2
-------------------------------------------------------------------------------------------------------------------
Light Truck Total 161,889 175,157 -7.6 2,216,874 2,168,588 2.2
-------------------------------------------------------------------------------------------------------------------
Light Vehicle Total 319,667 347,855 -8.1 4,587,000 4,561,650 0.6
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Market Division
Vehicle Total Calendar Year-to-Date
November January - November
------------------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Buick 23,436 26,388 -11.2 379,307 415,493 -8.7
Cadillac 11,815 14,095 -16.2 173,873 161,941 7.4
Chevrolet 177,433 188,168 -5.7 2,432,936 2,374,009 2.5
GMC 36,147 38,318 -5.7 490,922 489,343 0.3
Hummer 63 0 ***.* 836 0 ***.*
Oldsmobile 15,752 21,937 -28.2 265,878 326,143 -18.5
Pontiac 34,968 40,893 -14.5 582,208 571,107 1.9
Saab 3,131 2,500 25.2 35,726 36,621 -2.4
Saturn 18,247 18,029 1.2 253,505 214,452 18.2
-------------------------------------------------------------------------------------------------------------------
Sales of Domestically Produced Vehicles
-------------------------------------------------------------------------------------------------------------------
Car 153,891 169,501 -9.2 2,319,236 2,342,212 -1.0
-------------------------------------------------------------------------------------------------------------------
Light Truck 161,613 174,948 -7.6 2,212,944 2,165,018 2.2
-------------------------------------------------------------------------------------------------------------------
Twenty-five selling days for the November period this year and twenty-five for
last year.
NOTE: Prior Year sales for AM General/Hummer 64 for the month of Sept. and 739 Cytd.
</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 1, 2000
------------------
By
/s/Peter R. Bible
-------------------------------
(Peter R. Bible,
Chief Accounting Officer)
