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, 2001
------------------
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 January 3, 2001, General Motors Corporation's (GM) issued the following
December vehicle sales in a Form 8-K:
ITEM 5. OTHER ITEMS
GM December Vehicle Sales Off 18%; Industry Sales Continue to Moderate
- December Car Sales Down 15%
- December Truck Sales Down 20%
- CY Utility Sales Up 6%
DETROIT -- General Motors dealers sold 337,972 new cars and trucks in
December, down 18 percent from last year. GM truck sales decreased 20 percent to
176,364 units from December 1999 and car sales were off 15 percent to 161,608
units. GM's December results reflect in part the moderation that the industry
has shown in recent months and an easing from last year's blistering December
sales pace of 18 million units.
"The industry moderation we've seen in the second half of 2000 is not
surprising although demand was softer than expected in December," said Bill
Lovejoy, group vice president of North America Vehicle Sales, Service and
Marketing. "In today's challenging market, the keys to success remain in quality
products that appeal to consumers. With innovative new products in 2001 such as
our new mid-utilities, heavy-duty diesel pickups and Chevrolet Avalanche,
dealers will be in a stronger position to aggressively compete in this tough
market environment."
2000 Calendar-year Performance
-------------------------------
GM dealers continued to post strong truck sales in the 2000 calendar year.
Consumers bought six percent more GM utilities in 2000 than the prior year and
all utility segments showed strong sales results for the year: Full-size utility
sales grew eight percent, mid-utilities rose two percent and small utility sales
climbed 20 percent. Full-size van sales also performed well, with sales rising
seven percent for the year.
Total vehicle sales for the year dipped one percent to 4,953,163 units,
car sales decreased two percent to 2,531,734 units and truck sales were
comparable at 2,421,429 units. GM fortified its focus on sales of vehicles in
key* car and truck segments in 2000 and increased sales 2% for the year.
December Records
----------------
- GM Full-size Utilities
- Chevrolet Full-size Utilities
- Chevrolet Tahoe
- GMC Large Utilities
- GMC Yukon
- GMC Yukon XL
- Oldsmobile Silhouette
- Oldsmobile Bravada
- Saab
- Saab 9-5
Calendar-Year Sales Snapshot
----------------------------
- Vehicle sales down 1%
- Car sales down 2%
- Truck sales comparable to year-ago
- Key segment performance up 2%
- Strongest sales performances: Total utility sales (up 6%), small utility
sales (up 20%), full-size utilities (up 8%) and mid utilities (up 2%).
Calendar-Year Records
---------------------
- Pontiac Trucks
- Chevrolet Venture
- Chevrolet Silverado (best since 1978)
- Oldsmobile Silhouette
- GM Utilities
- Chevrolet Utilities
- GMC Utilities
- Chevrolet Tracker
- GM Mid Utilities
- GMC Jimmy
- Oldsmobile Bravada
- GM Full-size Utilities
- Chevrolet Tahoe
- GMC Full-size Utilities
- GMC Yukon
- GMC Yukon XL
- Oldsmobile Alero
- Oldsmobile Aurora
- Saab 9-5
* 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>
<CAPTION>
2-1P
GM Car Deliveries - (United States)
December 2000
---------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) December January - December
----------------------------------------------------------------------
%Chg
2000 1999 per S/D 2000 1999 %Chg
----------------------------------------------------------------------
Selling Days (S/D) 25 26
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Century 7,386 10,573 -27.3 143,085 157,035 -8.9
LeSabre 11,369 11,417 3.6 148,633 149,445 -0.5
Park Avenue 3,501 4,165 -12.6 47,669 62,868 -24.2
Regal 3,047 3,939 -19.6 65,167 74,016 -12.0
Riviera 2 24 -91.3 58 2,247 -97.4
Buick Total 25,305 30,118 -12.6 404,612 445,611 -9.2
---------------------------------------------------------------------------------------------------------
Catera 2,126 839 163.5 17,290 15,068 14.7
DeVille 6,841 8,951 -20.5 105,694 90,755 16.5
Eldorado 1,640 1,350 26.3 13,289 15,255 -12.9
Seville 2,947 2,482 23.5 29,535 33,532 -11.9
Cadillac Total 13,554 13,622 3.5 165,808 154,610 7.2
---------------------------------------------------------------------------------------------------------
Camaro 2,770 2,959 -2.6 42,131 40,726 3.4
Cavalier 14,293 20,440 -27.3 236,803 272,122 -13.0
Corvette 2,334 2,874 -15.5 31,208 29,963 4.2
Impala (W) 12,682 13,171 0.1 174,358 81,247 114.6
Lumina 4,337 4,150 8.7 46,573 97,607 -52.3
Malibu 11,969 19,901 -37.5 207,376 218,540 -5.1
Metro 2,046 3,300 -35.5 33,878 31,989 5.9
Monte Carlo 3,899 5,685 -28.7 66,364 68,309 -2.8
Prizm 4,168 2,479 74.9 52,116 44,246 17.8
Chevrolet Total 58,498 74,959 -18.8 890,807 884,749 0.7
---------------------------------------------------------------------------------------------------------
Achieva 0 0 ***.* 0 34 ***.*
Alero 8,199 8,787 -3.0 122,722 118,907 3.2
Aurora 3,734 322 ***.* 28,250 16,321 73.1
Cutlass 6 400 -98.4 1,243 32,677 -96.2
Cutlass Supreme 0 2 ***.* 0 78 ***.*
Eighty Eight 0 236 ***.* 477 23,915 -98.0
Intrigue 4,287 9,033 -50.6 64,109 90,057 -28.8
Oldsmobile Total 16,226 18,780 -10.1 216,801 281,989 -23.1
---------------------------------------------------------------------------------------------------------
Bonneville 3,223 3,614 -7.3 65,606 45,111 45.4
Firebird 1,804 2,384 -21.3 31,013 33,850 -8.4
Grand Am 9,225 17,148 -44.1 214,923 234,936 -8.5
Grand Prix 7,418 10,828 -28.8 148,521 148,197 0.2
Sunfire 4,307 5,867 -23.7 82,364 90,256 -8.7
Pontiac Total 25,977 39,841 -32.2 542,427 552,350 -1.8
---------------------------------------------------------------------------------------------------------
900 0 12 ***.* 58 238 -75.6
9000 0 3 ***.* 18 52 -65.4
9-3 1,810 1,467 28.3 19,430 22,473 -13.5
9-5 1,943 1,438 40.5 19,973 16,778 19.0
Saab Total 3,753 2,920 33.7 39,479 39,541 -0.2
---------------------------------------------------------------------------------------------------------
Saturn EV1 0 43 ***.* 411 137 200.0
Saturn L Series 6,843 5,070 40.4 94,034 24,456 284.5
Saturn S Series 11,452 13,005 -8.4 177,355 207,977 -14.7
Saturn Total 18,295 18,118 5.0 271,800 232,570 16.9
---------------------------------------------------------------------------------------------------------
GM Total 161,608 198,358 -15.3 2,531,734 2,591,420 -2.3
---------------------------------------------------------------------------------------------------------
GM Car Deliveries by Production Source
---------------------------------------------------------------------------------------------------------
GM North America * 155,729 194,599 -16.8 2,474,965 2,536,811 -2.4
---------------------------------------------------------------------------------------------------------
GM Import 5,879 3,759 62.7 56,769 54,609 4.0
---------------------------------------------------------------------------------------------------------
GM Total 161,608 198,358 -15.3 2,531,734 2,591,420 -2.3
---------------------------------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
<CAPTION>
2-1P
GM Car Deliveries - (United States)
December 2000
---------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) December January - December
----------------------------------------------------------------------
%Chg
2000 1999 per S/D 2000 1999 %Chg
----------------------------------------------------------------------
Selling Days (S/D) 25 26
---------------------------------------------------------------------------------------------------------
GM Car Deliveries by Production Source and Marketing Division
---------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Buick Total 25,305 30,118 -12.6 404,612 445,611 -9.2
Cadillac Total 11,428 12,783 -7.0 148,518 139,542 6.4
Chevrolet Total 58,498 74,959 -18.8 890,807 884,749 0.7
Oldsmobile Total 16,226 18,780 -10.1 216,801 281,989 -23.1
Pontiac Total 25,977 39,841 -32.2 542,427 552,350 -1.8
Saturn Total 18,295 18,118 5.0 271,800 232,570 16.9
GM North America Total* 155,729 194,599 -16.8 2,474,965 2,536,811 -2.4
---------------------------------------------------------------------------------------------------------
***.* ***.*
---------------------------------------------------------------------------------------------------------
Cadillac Total 2,126 839 163.5 17,290 15,068 14.7
Saab Total 3,753 2,920 33.7 39,479 39,541 -0.2
GM Import Total 5,879 3,759 62.7 56,769 54,609 4.0
---------------------------------------------------------------------------------------------------------
GM Vehicle Deliveries by Marketing Division
---------------------------------------------------------------------------------------------------------
Buick Total 25,305 30,118 -12.6 404,612 445,611 -9.2
Cadillac Total 15,281 16,566 -4.1 189,154 178,507 6.0
Chevrolet Total 182,948 236,315 -19.5 2,615,884 2,610,324 0.2
GMC Total 37,717 52,644 -25.5 528,639 541,987 -2.5
Hummer Total 39 0 ***.* 875 0 ***.*
Oldsmobile Total 23,294 26,054 -7.0 289,172 352,197 -17.9
Pontiac Total 31,340 45,306 -28.1 613,548 616,413 -0.5
Saab Total 3,753 2,920 33.7 39,479 39,541 -0.2
Saturn Total 18,295 18,118 5.0 271,800 232,570 16.9
GM Total 337,972 428,041 -17.9 4,953,163 5,017,150 -1.3
---------------------------------------------------------------------------------------------------------
* Includes US/Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
<CAPTION>
3-1P
GM Truck Deliveries - (United States)
December 2000
----------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) December January - December
--------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
----------------------------------------------------------------------------------------------------------
Selling Days (S/D) 25 26
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Escalade 1,727 2,944 -39.0 23,346 23,897 -2.3
Total Cadillac 1,727 2,944 -39.0 23,346 23,897 -2.3
----------------------------------------------------------------------------------------------------------
Astro 4,574 8,898 -46.5 92,585 102,427 -9.6
C/K Suburban(Chev) 11,830 13,059 -5.8 133,123 138,977 -4.2
Chevy C/T Series 462 793 -39.4 8,066 9,505 -15.1
Chevy P Models & Mtr Hms 8 131 -93.6 754 5,754 -86.9
Express Cutaway/G Cut 1,062 1,558 -29.1 20,400 15,407 32.4
Express Panel/G Van 5,543 6,599 -12.6 78,330 77,220 1.4
Express/G Sportvan 916 969 -1.7 14,502 13,214 9.7
S/T Blazer 11,453 29,102 -59.1 225,948 232,140 -2.7
S/T Pickup 9,842 16,967 -39.7 211,587 233,669 -9.5
Silverado-C/K Pickup 54,360 62,738 -9.9 642,119 636,150 0.9
Tahoe 15,119 8,679 81.2 149,834 122,213 22.6
Tiltmaster Medium 6 9 -30.7 82 52 57.7
Tiltmaster W4 Light 176 348 -47.4 2,277 2,180 4.4
Tracker 3,554 4,715 -21.6 48,020 40,024 20.0
Venture 5,545 6,791 -15.1 97,450 96,643 0.8
Chevrolet Total 124,450 161,356 -19.8 1,725,077 1,725,575 0.0
----------------------------------------------------------------------------------------------------------
C/K Suburban(GMC) 15 3,158 -99.5 4,776 44,886 -89.4
Forward Medium 13 39 -65.3 214 150 42.7
GMC C/T Series 1,097 1,950 -41.5 21,407 20,543 4.2
P Models & Mtr Hms(GMC) 2 33 -93.7 450 696 -35.3
S/T Jimmy 4,457 11,458 -59.5 79,489 79,375 0.1
Safari (GMC) 2,150 2,352 -4.9 32,444 31,840 1.9
Savana Panel/G Classic 1,659 1,834 -5.9 29,373 26,042 12.8
Savana Special/G Cut 471 1,794 -72.7 9,214 10,005 -7.9
Savana/Rally 260 272 -0.6 3,804 3,011 26.3
Sierra 15,060 19,327 -19.0 188,907 208,693 -9.5
Sonoma 2,448 4,167 -38.9 51,093 57,992 -11.9
W4 Forward Light 289 353 -14.9 4,155 3,617 14.9
Yukon 5,375 4,114 35.9 56,297 53,280 5.7
Yukon XL 4,421 1,793 156.4 47,016 1,857 ***.*
GMC Total 37,717 52,644 -25.5 528,639 541,987 -2.5
----------------------------------------------------------------------------------------------------------
H1 39 0 ***.* 875 0 ***.*
Hummer Total 39 0 ***.* 875 0 ***.*
----------------------------------------------------------------------------------------------------------
Bravada 3,350 3,952 -11.8 31,194 29,258 6.6
Silhouette 3,718 3,322 16.4 41,177 40,950 0.6
Oldsmobile Total 7,068 7,274 1.1 72,371 70,208 3.1
----------------------------------------------------------------------------------------------------------
Aztek 2,243 0 ***.* 11,201 0 ***.*
Montana 3,120 5,456 -40.5 59,849 62,547 -4.3
Trans Sport 0 9 ***.* 71 1,516 -95.3
Pontiac Total 5,363 5,465 2.1 71,121 64,063 11.0
----------------------------------------------------------------------------------------------------------
GM Total 176,364 229,683 -20.1 2,421,429 2,425,730 -0.2
----------------------------------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source
----------------------------------------------------------------------------------------------------------
GM North America * 176,006 229,096 -20.1 2,416,864 2,421,419 -0.2
----------------------------------------------------------------------------------------------------------
GM Import 358 587 -36.6 4,565 4,311 5.9
----------------------------------------------------------------------------------------------------------
GM Total 176,364 229,683 -20.1 2,421,429 2,425,730 -0.2
----------------------------------------------------------------------------------------------------------
GM Light Duty Truck Deliveries by Production Source
----------------------------------------------------------------------------------------------------------
GM North America * 174,447 226,353 -19.8 2,387,391 2,391,371 -0.2
----------------------------------------------------------------------------------------------------------
GM Import 339 539 -34.6 4,269 4,109 3.9
----------------------------------------------------------------------------------------------------------
GM Total 174,786 226,892 -19.9 2,391,660 2,395,480 -0.2
----------------------------------------------------------------------------------------------------------
* Includes U.S./Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
<CAPTION>
3-1P
GM Truck Deliveries - (United States)
December 2000
----------------------------------------------------------------------------------------------------------
Calendar Year-to-Date
(1) December January - December
--------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
----------------------------------------------------------------------------------------------------------
Selling Days (S/D) 25 26
----------------------------------------------------------------------------------------------------------
GM TRUCK Deliveries by Production Source and Marketing Division
----------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Cadillac Total 1,727 2,944 -39.0 23,346 23,897 -2.3
Chevrolet Total 124,328 161,050 -19.7 1,723,368 1,723,929 0.0
GMC Total 37,481 52,363 -25.6 525,783 539,322 -2.5
Hummer Total 39 0 ***.* 875 0 ***.*
Oldsmobile Total 7,068 7,274 1.1 72,371 70,208 3.1
Pontiac Total 5,363 5,465 2.1 71,121 64,063 11.0
GM North America Total* 176,006 229,096 -20.1 2,416,864 2,421,419 -0.2
----------------------------------------------------------------------------------------------------------
Chevrolet Total 122 306 -58.5 1,709 1,646 3.8
GMC Total 236 281 -12.7 2,856 2,665 7.2
GM Import Total 358 587 -36.6 4,565 4,311 5.9
----------------------------------------------------------------------------------------------------------
GM Light Truck Deliveries by Production Source and Marketing Division
----------------------------------------------------------------------------------------------------------
Cadillac Total 1,727 2,944 -39.0 23,346 23,897 -2.3
Chevrolet Total 123,866 160,257 -19.6 1,715,302 1,714,424 0.1
GMC Total 36,384 50,413 -24.9 504,376 518,779 -2.8
Hummer Total 39 0 ***.* 875 0 ***.*
Oldsmobile Total 7,068 7,274 1.1 72,371 70,208 3.1
Pontiac Total 5,363 5,465 2.1 71,121 64,063 11.0
GM North America Total* 174,447 226,353 -19.8 2,387,391 2,391,371 -0.2
----------------------------------------------------------------------------------------------------------
Chevrolet Total 116 297 -59.4 1,627 1,594 2.1
GMC Total 223 242 -4.2 2,642 2,515 5.0
GM Import Total 339 539 -34.6 4,269 4,109 3.9
----------------------------------------------------------------------------------------------------------
GM Light Truck Deliveries by Marketing Division
----------------------------------------------------------------------------------------------------------
Cadillac Total 1,727 2,944 -39.0 23,346 23,897 -2.3
Chevrolet Total 123,982 160,554 -19.7 1,716,929 1,716,018 0.1
GMC Total 36,607 50,655 -24.8 507,018 521,294 -2.7
Hummer Total 39 0 ***.* 875 0 ***.*
Oldsmobile Total 7,068 7,274 1.1 72,371 70,208 3.1
Pontiac Total 5,363 5,465 2.1 71,121 64,063 11.0
GM Total 174,786 226,892 -19.9 2,391,660 2,395,480 -0.2
----------------------------------------------------------------------------------------------------------
* Includes US/Canada/Mexico
(1) Determines Sort Order
</TABLE>
<TABLE>
<CAPTION>
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 2000 1999 per S/D 2000 1999 % Chg
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Vehicle Total 337,972 428,041 -17.9 4,953,163 5,017,150 -1.3
-------------------------------------------------------------------------------------------------------------------
Car Total 161,608 198,358 -15.3 2,531,734 2,591,420 -2.3
-------------------------------------------------------------------------------------------------------------------
Truck Total 176,364 229,683 -20.1 2,421,429 2,425,730 -0.2
-------------------------------------------------------------------------------------------------------------------
Light Truck Total 174,786 226,892 -19.9 2,391,660 2,395,480 -0.2
-------------------------------------------------------------------------------------------------------------------
Light Vehicle Total 336,394 425,250 -17.7 4,923,394 4,986,900 -1.3
-------------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
<CAPTION>
-------------------------------------------------------------------------------------------------------------------
Market Division
Vehicle Total Calendar Year-to-Date
December January - December
------------------------------------------------------------------------------------
% Chg
2000 1999 per S/D 2000 1999 % Chg
-------------------------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C>
Buick 25,305 30,118 -12.6 404,612 445,611 -9.2
Cadillac 15,281 16,566 -4.1 189,154 178,507 6.0
Chevrolet 182,948 236,315 -19.5 2,615,884 2,610,324 0.2
GMC 37,717 52,644 -25.5 528,639 541,987 -2.5
Hummer 39 0 ***.* 875 0 ***.*
Oldsmobile 23,294 26,054 -7.0 289,172 352,197 -17.9
Pontiac 31,340 45,306 -28.1 613,548 616,413 -0.5
Saab 3,753 2,920 33.7 39,479 39,541 -0.2
Saturn 18,295 18,118 5.0 271,800 232,570 16.9
-------------------------------------------------------------------------------------------------------------------
-------------------------------------------------------------------------------------------------------------------
Sales of Domestically Produced Vehicles
-------------------------------------------------------------------------------------------------------------------
Car 155,729 194,599 -16.8 2,474,965 2,536,811 -2.4
-------------------------------------------------------------------------------------------------------------------
Light Truck 174,447 226,353 -19.8 2,387,391 2,391,371 -0.2
-------------------------------------------------------------------------------------------------------------------
Twenty-five selling days for the December period this year and twenty-six for last year.
NOTE: Prior Year sales for AM General/Hummer 60 for the month of Dec. and 799 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
--------------------------
January 3, 2001
------------------
By
/s/Peter R. Bible
-------------------------------
(Peter R. Bible,
Chief Accounting Officer)
