GP STRATEGIES CORP
4, 1999-02-09
EDUCATIONAL SERVICES
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UNITED STATES SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 4
STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP
( ) Check this box if no longer subject to Section 16.
Form 4 or Form 5 obligations may continue. See Instructions 1(b).
1. Name and Address of Reporting Person
   Feldman, Jerome I.
   145 West Patent Road
   Bedford Hills, NY  10507
2. Issuer Name and Ticker or Trading Symbol
   GP STRATEGIES CORPORATION
   (GPX)
3. IRS or Social Security Number of Reporting Person (Voluntary)
   ###-##-####
4. Statement for Month/Year
   1/4/99
5. If Amendment, Date of Original (Month/Year)
   
6. Relationship of Reporting Person(s) to Issuer (Check all applicable)
   (X) Director ( ) 10% Owner (X) Officer (give title below) ( ) Other
   (specify below)
   President and Chief Executive Officer
7. Individual or Joint/Group Filing (Check Applicable Line)
   (X) Form filed by One Reporting Person
   ( ) Form filed by More than One Reporting Person
<TABLE>
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table I -- Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned                                                 |
___________________________________________________________________________________________________________________________________|
1. Title of Security       |2.    |3.    |4.Securities Acquired (A)         |5.Amount of        |6.Dir |7.Nature of Indirect       |
                           | Transaction |  or Disposed of (D)              |  Securities       |ect   |  Beneficial Ownership     |
                           |      |      |                                  |  Beneficially     |(D)or |                           |
                           |      |    | |                  | A/|           |  Owned at         |Indir |                           |
                           | Date |Code|V|    Amount        | D |    Price  |  End of Month     |ect(I)|                           |
___________________________________________________________________________________________________________________________________|
<S>                        <C>    <C>  <C><C>               <C> <C>         <C>                 <C>    <C>
Common Stock               |1/4/99|S   | |24,495            |D  |(1)        |43,593             |D     |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
                           |      |    | |                  |   |           |1,173              |I     |By family members(2)       |
- -----------------------------------------------------------------------------------------------------------------------------------|
Class B Capital Stock      |1/11/9|M   | |100,000           |A  |$9.00      |325,000            |D     |                           |
                           |9     |    | |                  |   |           |                   |      |                           |
- -----------------------------------------------------------------------------------------------------------------------------------|
___________________________________________________________________________________________________________________________________|
<CAPTION>
___________________________________________________________________________________________________________________________________
 Table II -- Derivative Securitites Acquired, Disposed of, or Beneficially Owned                                                   |
___________________________________________________________________________________________________________________________________|
1.Title of Derivative |2.Con-  |3.   |4.    |5.Number of De |6.Date Exer|7.Title and Amount  |8.Price|9.Number    |10.|11.Nature of|
  Security            |version |Transaction | rivative Secu |cisable and|  of Underlying     |of Deri|of Deriva   |Dir|Indirect    |
                      |or Exer |     |      | rities Acqui  |Expiration |  Securities        |vative |tive        |ect|Beneficial  |
                      |cise    |     |      | red(A) or Dis |Date(Month/|                    |Secu   |Securities  |(D)|Ownership   |
                      |Price of|     |      | posed of(D)   |Day/Year)  |                    |rity   |Benefi      |or |            |
                      |Deriva- |     |      |               |Date |Expir|                    |       |ficially    |Ind|            |
                      |tive    |     |      |           | A/|Exer-|ation|   Title and Number |       |Owned at    |ire|            |
                      |Secu-   |     |    | |           | D |cisa-|Date |   of Shares        |       |End of      |ct |            |
                      |rity    |Date |Code|V|  Amount   |   |ble  |     |                    |       |Month       |(I)|            |
___________________________________________________________________________________________________________________________________|
<S>                   <C>      <C>   <C>  <C><C>        <C> <C>   <C>   <C>          <C>     <C>     <C>          <C> <C>
Employee Stock Option |$9.00   |1/4/9|S   | |25,000     |D  |10/11|6/14/|Common Stock|25,000 |(1)    |0           |D  |            |
(Right to Buy)        |        |9    |    | |           |   |/90  |99   |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$7.69   |1/4/9|S   | |35,000     |D  |12/31|12/31|Common Stock|35,000 |(1)    |59,667      |D  |            |
(Right to Buy)        |        |9    |    | |           |   |/96  |/99  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$8.375  |1/4/9|S   | |106,250    |D  |11/17|11/17|Common Stock|106,250|(1)    |0           |D  |            |
(Right to Buy)        |        |9    |    | |           |   |/95  |/00  |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$7.75   |1/4/9|S   | |6,172      |D  |(3)  |7/1/0|Common Stock|6,172  |(1)    |33,828      |D  |            |
(Right to Buy)        |        |9    |    | |           |   |     |2    |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$7.75   |     |    | |           |   |(4)  |7/1/0|Common Stock|60,000 |       |60,000      |D  |            |
(Right to Buy)        |        |     |    | |           |   |     |2    |            |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$9.00   |1/4/9|P   | |100,000    |A  |12/29|1/31/|Class B Capi|100,000|(1)    |0           |D  |            |
(Right to Buy)        |        |9    |    | |           |   |/98  |99   |tal Stock   |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$9.00   |1/11/|M   | |100,000    |D  |12/29|1/31/|Class B Capi|100,000|       |0           |D  |            |
(Right to Buy)        |        |99   |    | |           |   |/98  |99   |tal Stock   |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
Employee Stock Option |$9.00   |1/4/9|P   | |93,750     |A  |10/11|6/14/|Class B Capi|93,750 |(1)    |93,750      |D  |            |
(Right to Buy)        |        |9    |    | |           |   |/90  |99   |tal Stock   |       |       |            |   |            |
- -----------------------------------------------------------------------------------------------------------------------------------|
                      |        |     |    | |           |   |     |     |            |       |       |            |   |            |
___________________________________________________________________________________________________________________________________|
</TABLE>
Explanation of Responses:
(1) The filing person exchanged (i) 26,495 shares of Common Stock and options 
to purchase 172,422 shares of 
Common Stock for (ii) options to purchase 193,750 shares of Class B Capital 
Stock.
(2) The filing person disclaims beneficial ownership of these 
shares.
(3) Options to purchase 20,000 shares became exercisable on each of 7/1/97 and 
7/1/98.
(4) Options to purchase 20,000 shares become exercisable on each of 7/1/99, 
7/1/00 and 7/1/01.
SIGNATURE OF REPORTING PERSON
Jerome I. Feldman
DATE
February 9, 1999



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