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) May 4, 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
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(State or other jurisdiction (Commission File Number) (I.R.S. Employer
of incorporation) Identification No.)
300 Renaissance Center, Detroit, Michigan 48265-3000
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code (313) 556-5000
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ITEM 5. OTHER EVENTS
On May 4, 2000, General Motors Corporation's (GM) subsidiary, Hughes
Electronics Corporation (Hughes), issued a press release announcing that its'
subsidiary, DIRECTV, Inc., had record April growth. The release is as follows:
DIRECTV Announces Record April Growth
With 180,000 Net New Customers
High-Power Service Activation Up 31 Percent
Through First Four Months of 2000
EL SEGUNDO, CA, May 4, 2000 - DIRECTV, Inc., a unit of Hughes Electronics
Corporation, today announced its high-power DIRECTV(R) digital satellite
television service acquired 180,000 net new customers in April. DIRECTV's April
additions represent a record for that month and a 27 percent increase in net
customer acquisitions over April 1999, its previous record April. An additional
130,000 customers were transitioned to DIRECTV from medium-power PRIMESTAR By
DIRECTV last month.
DIRECTV's performance in April is particularly significant given that its
high-power customer growth in April 1999 was up 84 percent over April 1998.
Through the first four months of 2000, DIRECTV has acquired 585,000 new
high-power customers, a 31 percent increase over the same year-ago period.
DIRECTV now has approximately 8.5 million customers, including customers
subscribing to the medium-power PRIMESTAR By DIRECTV service.
DIRECTV continued to accelerate the transition of PRIMESTAR By DIRECTV
customers to high-power service in April. The 130,000 customers transitioned to
high-power service in April - which are not included in the 180,000 net new
customers acquired by DIRECTV last month - brings the total number of
conversions to 875,000. At the end of April, PRIMESTAR By DIRECTV had more than
800,000 customers subscribing to its medium-power service.
DIRECTV is the nation's leading satellite television service and a
trademark of DIRECTV, Inc., a unit of Hughes Electronics Corporation. Hughes
Electronics is the world's leading provider of digital television entertainment,
and satellite and wireless systems and services. The earnings of Hughes
Electronics, a unit of General Motors Corporation, are used to calculate the
earnings per share attributable to the General Motors Class H common stock
(NYSE: GMH). Visit DIRECTV on the World Wide Web at www.directv.com.
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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
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(Registrant)
Date May 5, 2000
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By
s/Peter R. Bible
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(Peter R. Bible,
Chief Accounting Officer)
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