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 8, 2001
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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 ITEMS
On January 8, 2001, General Motors Corporation's (GM) issued the following 2000
production totals and estimates for first quarter 2001. The release is as
follows:
GM Announces 2000 Production Totals, Estimate for 1st Quarter 2001
DETROIT -- General Motors Corp. today announced its 2000 production
totaled 5,772,000 vehicles (2,892,000 cars and 2,880,000 trucks) in the United
States, Canada and Mexico.
In 1999, GM produced 5,873,000 vehicles (2,960,000 cars and 2,913,000
trucks) in North America.
In the fourth quarter 2000, GM produced 1,364,000 vehicles (670,000 cars
and 694,000 trucks) from 1,453,000 vehicles (759,000 cars and 694,000 trucks)
produced in fourth quarter 1999.
In December, GM produced 378,000 vehicles (180,000 cars and 198,000
trucks) from 428,000 vehicles (216,000 cars and 212,000 trucks) produced in
December 1999.
GM also announced its first-quarter production estimate will be 1.2
million vehicles (562,000 cars and 638,000 trucks) from its last estimate of
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).
This overall reduction of about 21 percent in this quarter's schedule
versus a year ago reflects moderating near-term demand due to economic and
consumer uncertainty and GM's relatively higher dealer inventories in an
unusually severe winter season.
Additionally, GM announced the following production results and
first-quarter 2001 estimates for its international regions:
- GM Europe - 1,993,000 vehicles in 2000, from 2,014,000 in 1999. The
first quarter 2001 estimate is 574,000, unchanged; production was
572,000 in the first quarter of 2000.
- GM Asia Pacific - 209,000 vehicles in 2000, from 157,000 in 1999. The
first quarter 2001 estimate is 61,000, unchanged; production was 40,000
in the first quarter of 2000.
- GM Latin America, Africa and the Middle East - 544,000 vehicles in
2000, from 412,000 in 1999. The first quarter 2001 estimate is 128,000
from 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.
# # #
<TABLE>
<CAPTION>
GENERAL MOTORS CORPORATION
DECEMBER, 2000 PRODUCTION REPORT - MONTHLY PERFORMANCE & QUARTERLY FORECAST
-------------------- -------------------- -------------------- ------ ----- ------
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
-------------------- -------------------- -------------------- ------ ----- ------ -----------
DECEMBER ACTUAL
--------------------------------------------------------------------------------------------------
<S> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C> <C>
December-00 121 148 269 45 27 72 14 23 37 180 198 378 3 6
December-99 155 169 324 51 28 79 10 15 25 216 212 428 4 7
------------------------------------------------------------------------------------------------
00 O/(U) 99 (34) (21) (55) (6) (1) (7) 4 8 12 (36) (14) (50) (1) (1)
---------------------------------------------------------------------------------------------------------------
QUARTER FORECAST
--------------------------------------------------------------------------------------------------
Q:4 2000 461 521 982 162 97 259 47 76 123 670 694 1,364 12 23
O/(U) prior
-------------------------------------------------------------------------------------------------
forecast: (6) (6) (12) 0 2 2 0 1 1 (6) (3) (9) 0 0
---------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------
Q:1 2001 406 482 888 123 92 215 33 64 97 562 638 1,200 13 15
O/(U) prior
-------------------------------------------------------------------------------------------------
forecast: (52) (29) (81) (11) 6 (5) (10) (5) (15) (73) (28) (101) 0 1
---------------------------------------------------------------------------------------------------------------
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 (Act) 461 521 982 162 97 259 47 76 123 670 694 1,364 12 23
------------------------------------------------------------- ----- ----- ------ -----------
CALYR (Est) 2,038 2,234 4,272 668 388 1,056 186 258 444 2,892 2,880 5,772 50 92
2001
1st Qtr (Est) 406 482 888 123 92 215 33 64 97 562 638 1,200 13 15
--------------------------------------------------------------------------- ----- ----- ------
* NUMMI units included in U.S. Car: CAMI units included in Canada Car and Truck figures.
</TABLE>
GM Production Schedule - 1/01
--------------------------------------
Total Memo:
Units 000s GMNA GME GMLAAM GMAP Worldwide NUMMI CAMI
-------------------------------------- ------------
------------------------------------------------
2001 Q1 1,200 574 128 61 1,963 13 15
O/(U) prior
forecast:@ (101) 0 (2) 0 (103) 0 1
----------------------------------------------------------------
---------------------------------------
Total Memo:
Units 000s GMNA GME GMLAAM GMAP Worldwide NUMMI CAMI
---------------------------------------- ------------
1997
1st Qtr. 1,442 472 130 32 2,076 16 30
2nd Qtr. 1,459 521 162 33 2,175 17 29
3rd Qtr. 1,269 417 170 31 1,887 13 21
4th Qtr. 1,458 464 142 37 2,101 11 18
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CY 5,628 1,873 604 133 8,238 57 98
1998
1st Qtr. 1,375 424 146 36 1,981 16 10
2nd Qtr. 1,172 479 153 39 1,843 7 14
3rd Qtr. 1,002 440 137 37 1,616 11 3
4th Qtr. 1,510 522 89 36 2,157 12 18
------------------------------------------------------
CY 5,059 1,864 525 148 7,596 46 45
1999
1st Qtr. 1,506 524 93 38 2,161 12 23
2nd Qtr. 1,555 533 110 25 2,223 12 23
3rd Qtr. 1,359 427 112 47 1,945 13 17
4th Qtr. 1,453 530 97 47 2,127 12 26
------------------------------------------------------
CY 5,873 2,014 412 157 8,456 49 89
2000
1st Qtr. 1,521 572 118 40 2,251 13 24
2nd Qtr. 1,568 534 140 44 2,286 13 23
3rd Qtr. 1,319 374 151 52 1,896 12 22
4th Qtr.# 1,364 513 135 73 2,085 12 23
------------------------------------------------------
CY # 5,772 1,993 544 209 8,518 50 92
2001
1st Qtr.# 1,200 574 128 61 1,963 13 15
------------------------------------------------------
@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.
This report is governed by the Safe Harbor language found in the Terms and
Conditions on the GM Institutional Investor website
<TABLE>
GENERAL MOTORS CORPORATION
U.S. PASSENGER PRODUCTION
MONTH OF: DECEMBER, 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 DEC NET DEC NET DEC DEC 2000 DEC 2000 DEC 2000
--------------------------------------------------------------------------------------------------------------
<S> <S> <S> <S> <C> <C> <C> <C> <C> <C>
BOWLING GREEN CHEVROLET Y CORVETTE 0 2,505 2,505 33,659 17,538 34,919
--------------------------------------------------------------------------------------------------------------
FAIRFAX PONTIAC W GRAND PRIX 0 8,232 8,232 172,811 76,765 166,929
OLDSMOBILE W INTRIGUE 0 2,904 2,904 80,511 25,647 59,884
--------------------------------------------------------------------------------------------------------------
HAMTRAMCK BUICK H LESABRE 0 6,149 6,149 118,519 42,931 92,544
CADILLAC E ELDORADO 0 0 0 8,560 0 0
CADILLAC K SEVILLE 0 1,885 1,885 34,592 16,510 28,026
CADILLAC K-Sp DEVILLE 0 6,688 6,688 98,456 49,765 118,967
--------------------------------------------------------------------------------------------------------------
LANSING "C" PONTIAC N GRAND AM 0 2,528 2,528 68,892 28,072 67,867
(South) OLDSMOBILE N ALERO 0 6,228 6,228 137,140 60,546 135,012
--------------------------------------------------------------------------------------------------------------
LANSING "M" PONTIAC N GRAND AM 0 7,533 7,533 186,963 79,123 182,585
(North) CHEVROLET P90 MALIBU 0 1,677 1,677 0 5,820 5,820
--------------------------------------------------------------------------------------------------------------
LANS CRAFT CTR CHEVROLET J CAVALIER 0 0 0 4,761 0 5
PONTIAC J SUNFIRE 0 0 0 3,599 0 5
CADILLAC E ELDORADO 0 599 599 5,433 6,610 12,043
--------------------------------------------------------------------------------------------------------------
LORDSTOWN CHEVROLET J CAVALIER 0 17,696 17,696 258,903 135,168 252,023
PONTIAC J SUNFIRE 0 5,410 5,410 100,494 47,298 92,169
--------------------------------------------------------------------------------------------------------------
OKLAHOMA CITY CHEVROLET P90 MALIBU 0 15,294 15,294 252,519 121,571 254,726
--------------------------------------------------------------------------------------------------------------
ORION BUICK C PARK AVENUE 0 2,980 2,980 52,322 23,357 45,418
BUICK H LESABRE 0 5,694 5,694 82,521 38,711 71,375
PONTIAC H BONNEVILLE 0 3,194 3,194 62,463 24,417 66,783
OLDSMOBILE G AURORA 0 2,224 2,224 0 41,453 39,921
--------------------------------------------------------------------------------------------------------------
WILMINGTON SATURN J LS/LW 0 7,070 7,070 104,232 43,169 85,953
--------------------------------------------------------------------------------------------------------------
SPRING HILL SATURN Z SC/SL/SW 0 11,509 11,509 170,189 108,198 174,946
--------------------------------------------------------------------------------------------------------------
TOTAL U.S. PASSENGER 0 117,999 117,999 2,040,567 992,669 1,989,031
=================================================================
</TABLE>
<TABLE>
GENERAL MOTORS CORPORATION
U.S. TRUCK PRODUCTION
MONTH OF: DECEMBER, 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 DEC NET DEC NET DEC DEC 2000 DEC 2000 DEC 2000
--------------------------------------------------------------------------------------------------------------
<S> <S> <S> <S> <C> <C> <C> <C> <C> <C>
ARLINGTON CHEVROLET C/K PICKUP 0 0 0 38,858 0 20,410
GMC SIERRA PICKUP 0 0 0 12,845 0 7,079
CHEVROLET TAHOE 4-DR
(420) 0 12,051 12,051 27,148 35,794 47,410
GMC YUKON 4-DR
(420) 0 415 415 18,114 619 7,736
CADILLAC ESCALADE 0 0 0 34,554 0 20,042
--------------------------------------------------------------------------------------------------------------
BALTIMORE CHEVROLET ASTRO (M) VAN 0 4,133 4,133 120,541 27,063 90,050
GMC SAFARI (M) VAN 0 1,593 1,593 45,729 10,133 32,284
--------------------------------------------------------------------------------------------------------------
DORAVILLE CHEVROLET VENTURE 0 8,006 8,006 131,377 61,639 131,574
PONTIAC MONTANA 0 6,210 6,210 93,617 46,853 92,701
OLDSMOBILE SILHOUETTE 0 2,918 2,918 45,966 18,680 39,067
OPEL SINTRA 0 0 0 1 0 0
--------------------------------------------------------------------------------------------------------------
FLINT CHEVROLET C/K PICKUP 0 2,173 2,173 56,127 7,464 35,844
GMC SIERRA PICKUP 0 615 615 21,021 2,061 12,547
CHEVROLET C/K CREW CAB
(480) 0 3,385 3,385 33,071 9,972 26,747
GMC SIERRA CREW
CAB (480) 0 877 877 10,776 3,170 8,544
--------------------------------------------------------------------------------------------------------------
FT. WAYNE CHEVROLET SILVERADO
PICKUP 0 13,381 13,381 201,338 91,883 190,990
GMC SIERRA PICKUP 0 4,085 4,085 70,613 25,597 61,937
--------------------------------------------------------------------------------------------------------------
JANESVILLE #1 CHEVROLET TAHOE 4-DR 0 5,372 5,372 78,307 55,635 130,695
GMC YUKON 4-DR 0 7,302 7,302 31,196 30,384 60,209
CHEVROLET SUBURBAN 0 1,196 1,196 1,263 6,428 7,594
GMC YUKON XL 0 1,665 1,665 1,027 5,433 6,354
--------------------------------------------------------------------------------------------------------------
JANESVILLE #2 CHEVROLET KODIAK MEDIUM 0 379 379 9,564 1,596 6,531
GMC TOPKICK MEDIUM 0 954 954 25,474 3,244 18,495
--------------------------------------------------------------------------------------------------------------
JANESVILLE #3 CHEV/GMC W-4 (LIGHT) 0 385 385 6,300 2,483 6,002
--------------------------------------------------------------------------------------------------------------
LINDEN CHEVROLET S10-PICKUP
(325) 0 5,059 5,059 95,520 38,263 85,004
GMC SONOMA PICKUP
(325) 0 1,319 1,319 13,055 7,428 15,365
CHEVROLET BLAZER (330) 0 4,935 4,935 78,790 34,056 73,592
GMC JIMMY (330) 0 1,178 1,178 13,804 9,396 18,481
--------------------------------------------------------------------------------------------------------------
MORAINE CHEVROLET BLAZER 0 10,108 10,108 188,018 82,361 179,809
GMC JIMMY 0 4,404 4,404 86,068 38,170 84,948
OLDSMOBILE BRAVADA 0 1,296 1,296 33,184 10,935 30,750
--------------------------------------------------------------------------------------------------------------
PONTIAC EAST CHEVROLET SILVERADO
PICKUP 0 15,627 15,627 250,455 103,271 237,520
GMC SIERRA PICKUP 0 3,730 3,730 85,107 26,380 67,808
--------------------------------------------------------------------------------------------------------------
SHREVEPORT CHEVROLET S10-PICKUP
(325) 0 10,208 10,208 162,628 69,076 158,739
GMC SONOMA PICKUP
(325) 0 2,319 2,319 53,011 18,686 46,413
--------------------------------------------------------------------------------------------------------------
WENTZVILLE CHEVROLET EXPRESS (G)
VAN 0 7,186 7,186 131,179 59,462 129,114
GMC SAVANA (G) VAN 0 3,116 3,116 51,730 19,242 44,339
--------------------------------------------------------------------------------------------------------------
TOTAL U.S. TRUCK 0 147,723 147,723 2,363,727 963,348 2,234,298
=================================================================
--------------------------------------------------------------------------------------------------------------
TOTAL U.S. CAR & TRUCK 0 265,722 265,722 4,404,294 1,956,017 4,223,329
--------------------------------------------------------------------------------------------------------------
</TABLE>
<TABLE>
GENERAL MOTORS CORPORATION
CANADA PASSENGER AND TRUCK PRODUCTION
MONTH OF: DECEMBER, 2000
CANADA PASSENGER PRODUCTION:
<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 DEC NET DEC NET DEC DEC 2000 DEC 2000 DEC 2000
--------------------------------------------------------------------------------------------------------------
<S> <S> <S> <S> <C> <C> <C> <C> <C> <C>
OSHAWA #1 CHEVROLET W IMPALA 0 15,842 15,842 221,173 111,280 209,780
CHEVROLET W MONTE CARLO 0 4,695 4,695 64,347 38,635 75,994
OSHAWA #2 BUICK W CENTURY/REGAL 0 12,820 12,820 222,981 116,368 233,763
CHEVROLET W LUMINA 0 4,094 4,094 37,493 25,656 45,871
STE. THERESE CHEVROLET F CAMARO 0 3,586 3,586 45,461 20,665 44,136
PONTIAC F FIREBIRD 0 2,243 2,243 31,826 14,721 30,831
-------------------------------------------------------------------------------------------------------------
TOTAL CANADA PASSENGER 0 43,280 43,280 623,281 327,325 640,375
=================================================================
CANADA TRUCK PRODUCTION:
OSHAWA TRUCK CHEVROLET SILVERADO PICKUP 0 16,265 16,265 242,530 117,547 247,921
GMC SIERRA PICKUP 0 6,110 6,110 66,590 40,226 75,113
--------------------------------------------------------------------------------------------------------------
TOTAL CANADA TRUCK 0 22,375 22,375 309,120 157,773 323,034
=================================================================
--------------------------------------------------------------------------------------------------------------
TOTAL CANADA CAR & TRUCK 0 65,655 65,655 932,401 485,098 963,409
--------------------------------------------------------------------------------------------------------------
--------------------------------------------------------------------------------------------------------------
TOTAL NAO - PASSENGER 0 175,190 175,190 2,835,486 1,401,163 2,814,637
TOTAL NAO - TRUCK 0 193,521 193,521 2,812,847 1,264,624 2,815,487
-------------------------------------------------------------------------------------------------------------
TOTAL G.M. NORTH AMERICAN OPERATIONS 0 368,711 368,711 5,648,333 2,665,787 5,630,124
-------------------------------------------------------------------------------------------------------------
</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 January 8, 2001
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By
/s/Peter R. Bible
-------------------------------
(Peter R. Bible,
Chief Accounting Officer)
