• Chevrolet sold 4,617 vehicles in April 2013
• Continues to sign new dealerships to cater to increasing demand
• Bookings for newly-launched models continue to be encouraging

• EPS of $0.58 including net loss from special items of $0.09 per share 
• EBIT-adjusted of $1.8 billion

General Motors India has sold 8196 vehicles in the month of April 2013, registering growth of 2.4% against 8005 units sold in the corresponding period last year. These included 3436 units of Chevrolet Sail, 1986 units of Chevrolet Beat and 1571 units of Chevrolet Tavera.

Commenting on the sales, Mr. P. Balendran, Vice President, General Motors India, said, “We have recorded marginal growing in sales on the back of good response for the Chevrolet Sail in April 2013. However, the market continues to remain subdued due to high interest rates, high fuel prices and weak economic sentiment. The market is expected to pick up only when RBI reduces interest rates during mid-term policy review or so. Despite offering various attractive schemes, showroom footfalls and inquiry conversion rates remain low,” Mr. Balendran added.

About General Motors India:
Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. The Chevrolet brand was introduced in India in 2003 and is one of the fastest-growing automotive nameplates in the country. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. The Chevrolet portfolio in India includes the Captiva, Cruze, Sail, Sail U-Va, Spark, Beat and Tavera. More information regarding Chevrolet models can be found at www.chevrolet.co.in.

DETROIT – General Motors Co. (NYSE: GM) sold 237,646 vehicles in the United States in April, up 11 percent compared with a year ago. Retail sales increased 10 percent, fleet sales were up 16 percent and the fleet mix was 28 percent of total sales.

“Car-buying conditions are strong and will continue to release pent-up demand,” said Kurt McNeil, vice president of U.S. sales operations. “We’re very optimistic because GM’s market share is growing, the economy continues to move forward and important car and truck launches are just getting underway.”

Chevrolet dealers began receiving their first shipments of the all-new 2014 Impala in mid-April, and the all-new 2014 Chevrolet Silverado 1500 and GMC Sierra 1500 crew cabs will begin arriving in dealerships in the summer. Buick is launching redesigns of the Regal and LaCrosse in late summer and Cadillac will launch an all-new CTS luxury sedan in the fall.

April Highlights (vs. 2012)

• All four GM brands posted higher total and retail sales.
• Crossovers were up 14 percent; trucks, which include pickups, vans and SUVs, were up 17 percent; and car sales were up 6 percent.
• Large pickups were up 23 percent.
• Strong sales of the all-new Chevrolet Spark and double-digit sales increases for the Buick Verano , the Chevrolet Sonic and the Chevrolet Cruze drove a 31 percent increase in sales of GM mini, small and compact cars.
• The new Chevrolet Malibu achieved its best sales and retail segment share since launch.

Calendar Year to Date Highlights (vs. 2012)

• Cadillac was the industry’s fastest-growing brand in the first quarter, and April’s results bring the brand’s year-to-date sales increase to 37 percent.
• Through April, Buick total sales are up 23 percent. Retail sales are up 19 percent and have increased for 12 consecutive months.
• Sales to small business customers totaled 57,030 units, which is up 32 percent.
• Chevrolet had its best-ever year-to-date crossover sales, driven by a 14 percent increase for Equinox and an 18 percent increase for the redesigned Traverse.
• GM’s large pickup sales are up 21 percent and GM’s estimated retail segment share is up more than 1 percentage point and its total share is up almost a point.
• GM’s fleet mix is 26 percent.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT -- General Motors Co. today announced it has filed a selling shareholders shelf registration statement with the Securities and Exchange Commission registering GM common stock and warrants.

The registration statement will allow selling shareholders to sell registered securities in a public offering.  GM is not currently aware of any specific plans regarding an offering by any selling shareholders.

In the event selling shareholders make an offering in the future, the terms would be established at the time of offering and described in a prospectus supplement filed with the SEC. GM will not receive any of the proceeds of sales of common stock or warrants by the selling shareholders as referenced in the shelf registration statement.

This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate financing sources, including as required to fund our planned significant investment in new technology; our ability to successfully integrate Ally Financial’s international operations; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Company (NYSE: GM) today filed its definitive proxy statement for its 2013 annual meeting of stockholders with the U.S. Securities and Exchange Commission.  The meeting will be held on Thursday, June 6, in Detroit at General Motors Global Headquarters at the Renaissance Center, beginning at 9:30 a.m. EDT.

Stockholders will be asked to elect directors for the next year, ratify Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2013, approve an advisory (non-binding) resolution on executive compensation and vote on two stockholder proposals.  

Stockholders of record of GM Common Stock at the close of business on Monday, April 8, 2013, who wish to attend the meeting must request an admission ticket by Wednesday, May 29, by following the instructions given in the proxy statement.  The proxy statement is available online at http://www.gm.com/proxymaterials.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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• GM first quarter sales up 3.6 percent on strength of new product launches
• Cruze sales top 2 million around the world since launch in 2009

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock. The dividend is payable June 3, 2013 to Series B holders of record as of May 15, 2013. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

#  #  #

• GM Board of Directors makes clear commitment to Opel
• GM CEO Dan Akerson: “Opel has GM’s full support”
• Confirmation of “DRIVE!2022” plan for future
• Piece of Berlin Wall as symbol of solidarity

• Chevrolet sold 17,454 vehicles in Q1 2013, its best first-quarter in Chevrolet’s history
• Growth also recorded in major markets across Southeast Asia
• COTY and Frost & Sullivan awards bear testament to Chevrolet's increasing popularity, while new products will further enhance growth
• New customer privileges and safety campaign launched

DETROIT – General Motors Co. (NYSE: GM) sold 245,950 vehicles in the United States in March, up 6 percent compared with a year ago. Retail sales increased 4 percent, fleet sales were up 12 percent and the fleet mix was 27 percent of total sales.

“GM delivered its best March sales in five years thanks to a strengthening economy and new products, and we are expecting our third consecutive increase in market share versus last year ,” said Kurt McNeil, vice president of U.S. sales operations. “Sales of smaller cars have been robust for some time. Trucks have improved in lockstep with the housing market and the strength of the crossover market signals that America’s families are more confident about their financial health.”

March Highlights (vs. 2012)

• Cadillac was up almost 50 percent; Buick was up 37 percent; GMC was up 12 percent; and Chevrolet sales were essentially equal to a year ago.
• Crossovers were up 31 percent; trucks, which include pickups, vans and SUVs, were up 2 percent; car sales were down 3 percent; large pickup sales were up 6 percent.
• Small business sales, which are included in retail sales, were up 32 percent to almost 15,000 deliveries, aided by a stronger housing market.
• Sales of GM’s redesigned mid-size crossovers were up 62 percent. The Chevrolet Traverse was up 54 percent; the GMC Acadia was up 77 percent, and the Buick Enclave was up 55 percent for its best-ever March sales.
• The all-new Cadillac ATS had its best sales month yet with deliveries of 3,587 units.
• In its second full month, the all-new Buick Encore had sales of more than 3,000 units, driving a 19 percent increase in GM small and compact crossover sales.

First Quarter Highlights (vs. 2012)

• GM sales were up 9 percent: retail sales were up 10 percent; fleet sales were up 6 percent, and fleet mix was 26 percent of total sales.
• Cadillac was up 38 percent; Buick was up 28 percent; GMC was up 14 percent, and Chevrolet was up 5 percent.
• Crossovers were up 25 percent; trucks were up 10 percent and cars were up slightly.
• Large pickup trucks were up 21 percent, and combined m ini, small and compact cars were up 14 percent.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

General Motors India has sold 9006 vehicles in the month of March 2013 against 10,588 units sold in the corresponding period last year.

Commenting on the sales, Mr. P. Balendran, Vice President, General Motors India, said, "Despite offering various schemes, the show-room traffic has come down drastically and enquiry conversions are also not taking place.  The market sentiment continues to remain subdued  due to poor economic conditions and various other factors including  high interest rates, high fuel prices and political uncertainties.    We are not expecting any improvement  in the short term but there can be some movement  during the festival season which is also possible only if the interest rate comes down and economic situation improves  in the coming months," Mr. Balendran added.

About Chevrolet

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. The Chevrolet brand was introduced in India in 2003 and is one of the fastest-growing automotive nameplates in the country. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. The Chevrolet portfolio in India includes the Captiva, Cruze, Sail, Sail U-Va, Spark, Beat and Tavera. More information regarding Chevrolet models can be found at www.chevrolet.co.in.

• Best fuel economy of any V-8 pickup – EPA estimated 23 mpg highway
• Better fuel economy than 2013 Ford EcoBoost V-6
• Base prices carry over from current models

DETROIT – The all-new 2014 GMC Sierra 1500 full-size pickup truck arrives at dealers later this spring with the best V-8 pickup fuel economy in the industry. Sierra’s new 5.3L EcoTec3 V-8 uses direct injection, cylinder deactivation and variable valve timing to achieve EPA estimates of 16 mpg city and 23 highway with two-wheel drive or 16/22 with four-wheel drive.

In addition to highway estimates that are 2 mpg higher than a comparable 2013 Ford V8 pickup and 3 mpg higher than a Ram V8, Sierra’s new V-8 fuel economy estimates also measure higher than those of the 2013 Ford F-150 EcoBoost V-6.

The new 5.3L EcoTec3 V-8 combines its leading fuel efficiency with performance and capability. With an SAE certified 355 hp and 383 lb-ft of torque – increases of 40 hp and 48 lb-ft compared to the 2013 model – Sierra’s new 5.3L offers a class-leading towing capacity of up to 11,500 pounds.

Most GMC owners – three out of four last year – will opt for the 5.3L V-8 engine, which is an $895 option.

“In the core of the full-size truck market, the 2014 Sierra is second to none,” said Tony DiSalle, vice president of GMC Marketing. “Truck owners expect durability, capability and fuel efficiency, and this latest generation of our proven V-8 is designed to deliver on those expectations.”

The 5.3L EcoTec3 V-8 is just one of three more efficient new engines for the Sierra. With a standard 4.3L EcoTec3 V-6 that arrives this summer and a long list of standard features, the 2014 Sierra will have a manufacturer’s suggested retail price of $25,085, including a destination charge of $995.

Compared to the 2013 Sierra, the new model adds a standard 4.2-inch radio display, a locking tailgate, projector headlamps, a CornerStep rear bumper, cloth seats (versus vinyl in other trucks), DuraLife brake rotors and other all-new features. The truck’s all-new 4.3L EcoTec3 V-6 and six-speed automatic transmission is engineered to offer improved efficiency and capability, with additional details coming later.

Sierra also will be available later this year with an all-new 6.2L EcoTec3 V-8 with even more power, torque and capability than the 5.3L. Additional specifications for the 6.2L will be released later.

Every 2014 Sierra 1500 comes with Pro Grade Protection which, in addition to a five-year/100,000-mile powertrain warranty and three-year/36,000-mile bumper-to-bumper warranty, includes two years or 24,000 miles – whichever comes first – of standard scheduled maintenance.

Coverage is included in the price of the vehicle and includes up to four regularly scheduled oil changes, oil filter replacements, tire rotations and multi-point vehicle inspections, based on the schedule in the vehicle owner’s manual. Customers will be eligible whether they lease or purchase and the coverage is completely transferable between owners.

Additional Details and Data

2014 Sierra base MSRP:

• Regular cab: $25,085
• Double cab: $29,110
• Crew cab: $33,210

Includes destination freight charge. Excludes tax, title, license and optional equipment.

Sierra 1500 5.3L EcoTec3 V-8

• 355 hp (265 kW)@ 5600 rpm
• 383 lb-ft of torque (518 N-m)@ 4100 rpm; more than 300 lb-ft of torque from 2,000 to 5,600 rpm
• Maximum available towing rating: 11,500 pounds*
• Maximum available payload rating: 2,102 pounds
• EPA estimated fuel efficiency:
  • 16 mpg city, 19 mpg combined, 23 mpg highway (2wd)
  • 16 mpg city, 18 mpg combined, 22 mpg highway (4x4)

Horsepower and torque ratings are SAE certified using 87 octane regular gasoline.

* With Max Trailer Package, available later this year

EPA fuel economy estimates, light-duty pickups with V-8 and turbocharged V-6 engines

Source: Model Year 2013 EPA Fuel Economy Guide

Maximum available towing ratings, light-duty pickups with V-8 and turbocharged V-6 engines

*Double cab 2WD with Max Trailer Package, available later this year. Maximum towing ratings for competitive trucks also requires optional equipment.

Source: Published manufacturer’s information

GMC has manufactured trucks since 1902, and is one of the industry's healthiest brands. Innovation and engineering excellence is built into all GMC vehicles and the brand is evolving to offer more fuel-efficient trucks and crossovers, including the Terrain small SUV and Acadia crossover. The 2014 Sierra half-ton pickup boasts all-new powertrains and design, and the Sierra Heavy Duty pickups are the most capable and powerful trucks ever built by GMC. Every retail GMC model, including Yukon and Yukon XL full-size SUVs, is now available in Denali luxury trim. Details on all GMC models are available at http://www.gmc.com/, on Twitter at @thisisgmc or at http://www.facebook.com/gmc.

• Chevrolet’s YTD sales in Thailand grew 31 percent compared with same period in 2012
• Figures also prove Sonic to be a favorite with Thai motorists since its launch
• New dealership to open in Cambodia as part of regional growth strategy

SHANGHAI – General Motors and its joint ventures sold 215,070 vehicles in China during February. Sales were down 10.6 percent from the same month last year due to the weeklong Lunar New Year holiday falling in February this year.

With all-time monthly record sales in January, GM’s domestic sales in the first two months of 2013 totaled a record 525,835 units – an increase of 7.9 percent from the year-ago period.

Between January and February, Shanghai GM sold 255,243 units in China, which was up 12.4 percent on an annual basis, and SAIC-GM-Wuling sold 262,012 units in China, which was up 4.7 percent. Both were records for the period. FAW-GM sold 8,160 vehicles in China, which was a decrease of 14.1 percent from the same period last year.

In February, Shanghai GM’s domestic sales were down 2.0 percent year on year to 101,023 units, SAIC-GM-Wuling’s domestic sales were down 15.4 percent to 110,193 units and FAW-GM’s domestic sales were down 48.1 percent to 3,670 units.

Buick sales in the domestic market decreased 0.8 percent on an annual basis in February to 52,340 units. Its best-selling model remained the original Excelle family, which had sales of 14,601 units. It was followed by the Excelle XT and GT, which had sales growth of 20.2 percent to 14,294 units.

Chevrolet sales in China decreased 11.5 percent on an annual basis to 46,388 units. Its most popular model was the Sail. Demand for the small car increased 22.0 percent from last February to 17,304 units. In addition, Malibu sales more than doubled to 6,939 units.

Cadillac sales in China were a February record 2,295 units. Demand for the luxury brand rose 8.1 percent on an annual basis, as sales of the popular SRX luxury utility vehicle increased 36.6 percent to 2,086 units.

Wuling sales across China decreased 11.7 percent from February 2012 to 104,138 units. The Hong Guang set a new February sales record of 32,048 units, up 29.8 percent year on year. Sales of the Baojun brand decreased 24.5 percent on an annual basis to 6,055 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2012, GM sold more than 2.8 million vehicles in China. It has been the sales leader among global automakers in the market for eight consecutive years. More information on General Motors in China can be found at GM Media Online.

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Vehicle sales numbers released by NAAMSA today provide a more realistic snapshot of market conditions with 2013 well on its way.  February sales were up just 882 units on the same month last year with a total of 53 220 new vehicles delivered for the month.

“The new year had a bumper start with some growth in January in what many considered an overheated, or at least distorted market performance,” says Malcolm Gauld, GMSA’s Vice President Vehicle Sales, Service, and Marketing. “February delivered an expected cooling of market conditions that brought with it a more realistic view of current trading conditions.

“February 2013 showed an increase of just 882 units in total sales compared the previous year, an improvement of 1,6%. This brought the year-on-year growth back to 7,5%, a figure closer to most expectations of industry commentators but perhaps still on the high side of what we can expect at year-end.

“An encouraging aspect for the month was the relatively strong demand for light commercial vehicles with sales up 4,7% on February 2012 and a healthy 11,5% year to date. This market sector will continue to be driven by intense marketing support linked to new product arrivals. A key player here will be the exciting new Isuzu KB that will debut later this month. The Chevrolet Utility was a strong performer as segment leader in the Sub-1 Ton LCV segment with 1 484 deliveries for the month.

“By comparison, the passenger vehicle market grew by just 0,8% with sales of 36 666 new cars during February (304 units up on Feb 2012). Amongst passenger vehicles the new Chevrolet Trailblazer continued to establish itself in the medium sized SUV sector with 281 sales for the month.

“Private buyers were the dominant channel in February accounting for 82% of all sales compared to only 74% for January.

“The trend of buying down to smaller vehicles with lower total operating costs – an area where our Chevrolet brand is particularly strong – continues and is likely to be fed by spiralling fuel costs and secondary motoring cost inputs are also expected to build during the year. That said, the outlook for moderate growth in the motor industry to year-end remains on track although this may trend towards the lower limit of current forecasts.”

DETROIT – General Motors Co. (NYSE: GM) announced today that it sold 224,314 vehicles in the United States in February, up 7 percent compared with a year ago. Retail sales and fleet sales were both up 7 percent. The fleet mix was 25 percent of total sales, equal to a year ago.

“The housing sector has now joined auto sales in propelling the U.S. economy forward,” said Kurt McNeil, vice president of U.S. sales operations. “More importantly, the recovery in new home construction is reinforcing the underlying improvement in auto buying conditions, especially for pickups.

“Light vehicle sales have now been running at a mid-15 million unit annual rate since November,” he added. “This sets us up well for the launches of key new products this year, including an all-new generation of Chevrolet and GMC full-size pickups and an all-new Chevrolet Impala and Cadillac CTS.”

The Cadillac CTS, along with the redesigned Buick LaCrosse and Regal, will be unveiled at the New York International Auto Show later this month.

Highlights

• All four GM brands posted higher year-over-year sales: Cadillac was up 20 percent; Buick was up 15 percent; GMC was up 10 percent, and Chevrolet was up 5 percent.
• Crossover sales increased 17 percent and compact crossovers had their best month ever; truck sales were up 14 percent and car sales were down 4 percent.
• Sales of GM’s full-size pickups were up 28 percent to 58,039 units.
• The Chevrolet Equinox , GMC Terrain and the redesigned Buick Enclave had their best-ever February sales.
• The Chevrolet Spark and Cadillac ATS had their best sales months yet.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

• Company posts third consecutive year of strong earnings
• Fourth quarter net income of $0.9 billion, up from $0.5 billion last year
• EBIT-adjusted of $1.2 billion in the fourth quarter, up from $1.1 billion last year

DETROIT – General Motors Co. today announced that Nick Cyprus, vice president, chief accounting officer and controller, has elected to retire after a 36-year career effective July 15. Thomas S. Timko will replace Cyprus effective March 18. 

“Nick has made major contributions in establishing a healthy financial foundation for our company’s future,” said Dan Ammann, GM senior vice president and CFO.  “He led the streamlining of the financial closing process, eliminated the material weaknesses that existed in the past and overhauled the controller’s organization with world class accounting talent, all at a critical time in our company’s history.”

Cyprus was named GM Chief Accounting Officer and Controller on Dec. 1, 2006, and on Aug. 4, 2009, was appointed vice president, chief accounting officer and controller. Before joining GM, Cyprus held senior executive positions at The Interpublic Group of Companies and AT&T Corp., and held management positions at Hess Corp., Suburban Propane and PwC. He is a member of the board of directors for Reader’s Digest and DigitalGlobe Inc.

Timko, 44, was previously corporate vice president, chief accounting officer, and corporate controller at Applied Materials Inc., since March 2010.  In this role, he led the financial due diligence and integration for a multibillion-dollar acquisition, developed the company’s consolidated strategic and annual operating plans, established shareholder and analyst guidance and streamlined internal systems and processes to leverage a shared services environment and improve stakeholder service.  He also was responsible for all technical accounting policies and procedures, internal controls and external reporting to ensure the highest level of compliance with Sarbanes-Oxley and U.S. generally accepted accounting principles.   

“Tom brings a wealth of experience from previous accounting, controller and financial assignments both inside and outside the auto industry,” said Ammann. “I look forward to a fresh perspective he will bring to the position and, with a 1968 Corvette in his garage, to having another car enthusiast in the fold.” 

Timko was chief accounting officer and controller with Delphi Automotive from 2006 to 2010.  He served as assistant controller for The Interpublic Group of Companies from 2004 to 2006 and at Dover Corp. from 2002 to 2004.  Timko began his career with PwC in 1991.

Timko graduated from Fairleigh Dickinson University with a Bachelor of Science in Accounting in 1991.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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• Year-on-year, Chevrolet sold 59 percent more vehicles in January 2013 in Thailand, compared to the same month last year – making it the most successful January sales performance in Chevrolet history.
• Recorded a year-on-year growth of 60 percent across the SEA region
• New products, dealership expansion and commitment to product and customer-service quality are key growth drivers for 2013

SHANGHAI – General Motors and its joint ventures sold more than 300,000 vehicles in a single month for the first time ever in China last month. January sales totaled 310,765 units, an increase of 26.0 percent from the same month in 2012 and 15.9 percent above the previous all-time monthly high of 268,035 units in January 2011.

Domestic sales by Shanghai GM and SAIC-GM-Wuling, and their Buick, Chevrolet and Wuling brands all set new single-month records as well in January.

Shanghai GM sold 154,220 vehicles in China, an increase of 24.3 percent year on year. SAIC-GM-Wuling sold 151,819 vehicles, as domestic demand for its products increased 26.6 percent on an annual basis. Demand in China for FAW-GM’s products increased 84.5 percent on an annual basis to 4,490 units.

Buick sales in China rose 21.7 percent from the first month of 2012 to 86,509 units. Its best seller in January was the original Excelle passenger car lineup, which generated demand of 30,264 units, an increase of 5.5 percent. Buick also continued to enjoy strong demand for the Excelle XT and GT, which experienced sales growth of 19.7 percent to 23,694 units. In addition, the Encore SUV had sales of 7,881 units in its first January in the marketplace.

Chevrolet sales in the domestic market rose 21.6 percent year on year to 66,141 units in January. The brand’s most popular model was the Cruze. Its sales grew 7.8 percent to 24,477 units. Sales of the Sail family also remained strong, increasing 21.0 percent to 21,866 units.

Cadillac luxury vehicle sales in China totaled 1,570 units in January. Baojun, GM’s entry-level passenger car brand in China, had sales of 7,018 units.

Wuling sales in China totaled 144,801 units in January, which was up 35.9 percent from the same month last year. Its best-selling model was the Hong Guang, whose sales grew 158.9 percent to 47,765 units. The Sunshine also had robust sales of 45,733 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2012, GM sold more than 2.8 million vehicles in China. It has been the sales leader among global automakers in the market for several years. More information on General Motors in China can be found at GM Media Online.

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January saw a welcome improvement in sales of light commercial vehicles. This segment is up by 20% versus January last year with 13 346 vehicles sold compared to the 11 120 last year. GMSA showed growth of 39,3% here, largely attributable to the popularity of the Chevrolet Utility.  The Isuzu KB also sold in excess of 1 350 units as we eagerly await the arrival of the 6^th Generation Isuzu next month.

Motor vehicle sales statistics for January came in with higher than expected volumes to start the new year. The 55 007 sales reported are up by 14,1% (6 800 units) on January 2012 with some anomalies evident.

“The new year has certainly got off to a bumper start with surprisingly high sales,” says Malcolm Gauld, GMSA’s Vice President, Vehicle Sales Service and Marketing. “A welcome start to the year but we remain cautious about the sustainability of any high level of growth over the next 11 months. It is our view that growth will be constrained by economic conservatism through the year with demand levelling out and single digit growth the real prospect by year-end.

“A key driver of sales in January was increased demand by the vehicle rental industry. Sales to this market channel were up by 51,4% over January 2012 in a marked change in the normal seasonal buying pattern as purchases were brought forward into January. We anticipate that demand in this sector will average out over the coming months.

Passenger vehicle sales show an increase of 12,3% over January 2012. Overall sales through the dealer channel are up by 11,4%, which would indicate continued support from private buyers.

Within the GMSA model line-up the Chevrolet Cruze featured as the number ten best seller with 551 sales supported by the Chevrolet Spark, Aveo and Sonic, all just outside of the top ten listing. The all-new Trailblazer continues to establish itself in the market after its launch towards the end of last year with 297 sales for January. In the light commercial segment the Chevrolet Utility continues as a popular choice with 1 528 deliveries for the month.

We expect that sales will be supported by new model activity through the first quarter with a number of new and revised passenger models entering the market. Major focus will however be on the light commercial sector through March, led by the introduction of the latest 6^th Generation Isuzu KB

DETROIT – General Motors Co. (NYSE: GM) announced today that it sold 194,699 vehicles in the United States in January, up 16 percent compared with a year ago. Retail sales were up 24 percent. Fleet sales were down 2 percent.

“The year is off to a very good start for General Motors,” said Kurt McNeil, vice president of U.S. sales operations. “There’s a sense of optimism among our dealers that only comes when you pair a growing economy with great new products. We started to see the benefits in 2012 with vehicles like the Chevrolet Sonic, Cadillac ATS and Buick Verano. Now in 2013, we’re entering the sweet spot of our product plan in a growing economy.”

Over the course of 2013, Chevrolet will launch the all-new Impala, SS, Silverado and Corvette, as well as the Cruze diesel and Spark EV. Buick is launching the Encore small crossover, followed by redesigns of the Regal and LaCrosse. GMC will launch an all-new Sierra. Cadillac will launch an all-new CTS.

January Highlights

• Total Cadillac sales were up 47 percent, the brand had its highest January retail sales in 23 years and the ATS was named 2013 North American Car of the Year.
• Year-over-year sales were up 32 percent at Buick, 23 percent at GMC and 11 percent at Chevrolet.
• Car sales were up 12 percent compared with a year ago. Truck sales were up 13 percent and crossover sales were up 27 percent.
• Sales of GM’s full-size pickups were up 32 percent to 50,230 units and inventories are in-line with the company’s sales and production plans for 2013.
• Buick’s best-selling vehicles in January were the redesigned Enclave crossover, up 57 percent, and the all-new Verano.
• Combined sales of Chevrolet’s mini, small and compact cars surpassed 25,000 units and were up 18 percent.
• Chevrolet Malibu sales have increased each month since November, and were up 8 percent year over year in both total and retail sales.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Co. today announced the election of retired Adm. Michael Mullen to its board of directors effective February 1. 

Mullen served as the 17th Chairman of the Joint Chiefs of Staff from 2007 to 2011.  He was the principal military advisor to President George W. Bush and President Barack Obama, as well as two Secretaries of Defense. 

“We’re fortunate to have Adm. Mullen join GM’s Board of Directors.  He brings proven leadership and deep experience in change management, strategic planning, technical innovation and risk management gained over the course of his 43 years serving our country,” said Dan Akerson, GM chairman and chief executive officer. 

Mullen led the military during a critical period of transition, overseeing the end of the combat mission in Iraq and the development of a new military strategy for Afghanistan. He advocated for the rapid development and fielding of innovative technologies, championed emerging and enduring international partnerships, and advanced new methods for combating terrorism.

Mullen commanded at every level in the Navy including three ships, an aircraft carrier battle group and a fleet.  His final four-star command was in Europe for NATO.  His fleet experience culminated in his assignment as the Navy's highest ranking officer, the 28th Chief of Naval Operations from 2005 to 2007.

Mullen is currently a visiting professor at the Woodrow Wilson School of Public and International Affairs at Princeton University. 

Mullen graduated from the U.S. Naval Academy in 1968. He earned a Master's of Science degree in Operations Research from the Naval Postgraduate School and completed the Advanced Management Program at the Harvard Business School. 

The addition of Mullen brings the GM Board to 15 members.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

KANSAS CITY, Kan. – General Motors today announced a $600-million investment in the Fairfax Assembly and Stamping Plant, including the construction of a new 450,000 square-foot paint shop, the installation of a new stamping press and other upgrades.

It is one of GM’s largest plant investments ever, and builds on nearly $2 billion invested in Fairfax in the last decade. Earlier this month, GM announced it would invest $1.5 billion in North American facilities in 2013. This Fairfax investment comprises a large part of that commitment.

Construction at the 3.2-million-square-foot plant begins later this year and is expected to take about two years to complete, increasing the footprint of the plant by about 15 percent to 3.7 million-square-feet. Vehicle production schedules will be unaffected by the construction, keeping the plant’s three shifts of nearly 4,000 hourly and salaried employees on the job.

“This major investment is a vote of confidence in the employees and leadership of this plant and will allow them to continue producing beautiful, world-class vehicles like the Chevrolet Malibu and Buick LaCrosse – with the same quality workmanship that has defined the Fairfax complex for nearly 70 years,” said GM Chairman and CEO Dan Akerson.

The all-new paint shop includes substantial upgrades in technology, and will occupy a new building at Fairfax, with new tooling, robots and state-of-the-art environmental and efficiency enhancements. Some of the upgrades include:

• Up to 20-percent smaller footprint, up to 50-percent less energy use per vehicle and reduced Volatile Organic Compound emissions
• GM-patented Radiant Tub Ovens, designed to use 20 percent less natural gas and 40 percent less electricity
• Thin Film Technology, which reduces water use and maintenance and eliminates hazardous chemicals from the waste stream
• Hyper Throw E-COAT, which places more coating in cavities and recesses for optimal corrosion protection.

In the stamping facility, the upgraded AA3X press will replace the current middle press used to create some of the structural reinforcements for vehicle body frames. The upgraded press is expected to enhance quality and reduce waste through greater accuracy.

"The United Auto Workers have proudly built vehicles in Fairfax for decades and looks forward to being part of the upgrades that will be taking place in the plant," said UAW Vice President Joe Ashton, who directs the union's GM Department. "This commitment to the future of the plant and the workforce is a reminder to all of us that we build the world's best vehicles, with the world's best people."

GM’s Fairfax Assembly Plant has a rich and important history in Kansas City, dating to 1945. The plant has employed several hundred thousand people over nearly 70 years, built some of GM’s best vehicles, and, during World War II, was the first industrial facility to make automobiles and jet fighters in the same building. The current plant opened in 1987. Since beginning production in Kansas City in 1945, more than 12 million GM vehicles have been built at Fairfax.

The Fairfax plant currently builds the Buick LaCrosse and Chevrolet Malibu. The Malibu was the first 2013 midsize car to earn a 5-Star Overall Vehicle Score in the National Highway Traffic Safety Administration’s New Car Assessment Program and a 2012 Top Safety Pick by the Insurance Institute for Highway Safety. The Buick LaCrosse eAssist model was named among the “Best of What’s New” technologies by Popular Science magazine.

“General Motors is one of the largest employers in Kansas and Kansas City and this announcement plays an important role in continuing to grow the economy of Kansas,” said Kansas Gov. Sam Brownback. “We build great things in Kansas and GM’s commitment means we will continue to do so for years to come.”

Fairfax by the numbers

• Year opened (current facility): 1987
• Employees: 3,877 (3,561 hourly / 316 salaried)
• Union: UAW Local 31
• Facility size: 572 acres
• Manufacturing area: 85 acres under roof
• Manufacturing floor space: 3,044,561 square feet (pre-construction)
• Vehicles produced in 2012: 277,454
  

 Decade of Investments

• $20 million in 2011 for upgrades related to the LaCrosse eAssist,
• $136 million in 2010 for the New Generation Malibu
• $158 million in 2009 for the launch of the all-new Buick LaCrosse
• $208 million in 2007 for the launch of the all-new Chevrolet Malibu
• $651 million in 2006 for the launch of the all-new Saturn Aura
• $722 million in 2003 for the launch of the 2004 Chevrolet Malibu

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

SÃO CAETANO DO SUL – General Motors will add a third shift at the Gravataí Industrial Complex, creating 1,450 new jobs at the assembly plant and another 1,000 at supplier plants located at the facility in the South of Brazil. Another 180 jobs will be created in the new powertrain plant in Joinville. Gravatai is home to the Chevrolet Celta and Onix small cars.

“The market success of the all-new Chevrolet Onix, launched last year in October, and the start of production of another new small sedan, to be launched in late February, led us to take the decision,” said Jaime Ardila, president GM South America. “We launched nine all-new Chevrolet models in the last 15 months in the Brazilian market and are poised for growth.”

In 2009, GM announced a $3 billion investment in Brazil. The plan was consolidated last year to develop and launch new Chevrolet products and update and add capacity to its plants.

As part of the plan, GM invested $1 billion in the Onix project to develop the new small car family and to expand capacity from 230,000 to 380,000 vehicles per year at the Gravataí plant.

An additional $172 million was invested to build a new engine and cylinder heads plant at Joinville in the State of Santa Catarina. Production recently began there.  

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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DETROIT – General Motors Co. (NYSE: GM) forecasts modest global industry growth in 2013 driven by the United States and China, while Europe is expected to experience further contraction.  Based on this outlook and a strong cadence of new vehicle introductions, the company expects its global profitability to rise modestly in 2013 on an earnings before interest and tax (EBIT) adjusted basis, with improvements anticipated from each region. 

The outlook was shared with investment analysts attending the Deutsche Bank 2013 Global Auto Industry Conference in Detroit. 

“Our portfolio of new, world-class vehicles puts us on a strong footing to grow profitably,” said Dan Ammann, GM senior vice president and chief financial officer. “We’re launching more vehicles globally than at any time in our history and some of our most important models are targeting the two largest markets in the world – the U.S. and China.”

The U.S. product renaissance, which started in 2012, will see 70 percent of GM’s portfolio completely refreshed by the end of 2013. In 2011, GM and its joint venture partners in China began the rollout of more than 60 new or upgraded models that will hit the market there through 2015.                                                                                                                                                                       

Some of the key vehicles launching around the world include the Chevrolet Silverado and GMC Sierra full-size pickups, Chevrolet Impala and Corvette Stingray, and Cadillac CTS in North America; the Opel Adam, Cascada and Mokka, and Chevrolet Trax in Europe; the Chevrolet Onix and Spin in South America; and the Cadillac XTS and Chevrolet Sail in China.

2012: Fortress Balance Sheet Reinforced, Challenges Met, Progress Made

Ammann noted that 2012 was a year in which the company improved its competitiveness, positioning it for sustained, positive growth.

• GM South America results – returned region to profitability
• GM Europe action – outlined plan to break even by mid-decade
• Pension risk lowered – reduced by $29 billion
• Financial flexibility increased – obtained an investment grade $11 billion revolver
• Continued strong liquidity – total liquidity of $37.5 billion (Q3, 2012)
• Capital expenditures increased – total of approximately $8 billion for 2012
• Ownership by U.S. Treasury – overhang addressed and capital returned
• GM Financial expanded – acquisition of Ally international operations to help close financing gap with coverage in 80 percent of markets where GM competes

“We’ve developed a fortress balance sheet, our brands are getting stronger, and we’ve been disciplined in running our business,” Ammann said. “We’re now positioned to take a ‘straight-line’ investment approach to vehicle development so that we can sustain profitability throughout the business cycle.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

#  #  #

Forward-Looking Statements
In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock.  The dividend is payable March 1, 2013 to Series B holders of record as of Feb. 15, 2013. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

·      Brand’s continued growth in emerging markets key to GM’s 9.2 million total sales

DETROIT – Chevrolet, the world’s-fastest growing major automotive brand, sold more than 4.95 million vehicles in 2012, setting a global sales record and driving General Motors Co. (NYSE: GM) global sales to more than 9.2 million vehicles, a 2.9 percent gain compared with 2011. 

While the United States was the largest individual market for Chevrolet with total vehicle sales of 1.85 million, more than 60 percent of the brand’s sales came from other markets including Brazil (643,000), China (627,000), Russia (205,000), South Korea (125,000) and India (92,000). All posted strong sales due to new vehicle entries. 

“Chevrolet is in the midst of the most aggressive rollout of new products in its history, which helped us deliver our ninth-consecutive quarter of record global sales,” said Don Johnson, Chevrolet vice president of U.S. sales and service.

Guided by a new global vision, ‘Find New Roads,’ that is rooted in the brand’s legacy of ingenuity, Johnson said Chevrolet is poised for continued growth in 2013 with 13 new or significantly redesigned products being launched in the United States, including the all-new Corvette Stingray, Silverado and Impala, and 12 additional product launches around the world.  

Chevrolet is building its global presence by delivering small cars like the Cruze, Sonic/Aveo and Spark, the midsize Malibu, and crossovers and trucks like the Spin, Trax, Orlando and Colorado that are designed for the varied driving conditions and customer preferences around the world. 

The Cruze compact sedan led the brand with global sales of more than 755,000 in 2012, making it the best-selling Chevrolet nameplate around the world with nearly 1.9 million sold since its launch in 2009.  In the United States, Chevrolet will launch a diesel engine- powered Cruze in the second quarter.

The top 10 Chevrolet sales markets in 2012 were:

On a corporate basis, GM sales in North America were up 3.2 percent and 10.1 percent throughout its International Operations over 2011.

General Motors Global Sales Summary

GM North America = United States, Canada, Mexico and other North American markets

GM in Europe = Western, Central and Eastern Europe plus Russia/ CIS

GM International Operations = Asia-Pacific, North Africa, Sub-Saharan Africa and the Middle East

Note: Iran, North Korea, Syria and Sudan are excluded from sales volume and market share calculations; * 4,053,385 including Russia/CIS

DETROIT – Chevrolet, the world’s-fastest growing major automotive brand, sold more than 4.95 million vehicles in 2012, setting a global sales record and driving General Motors Co. (NYSE: GM) global sales to more than 9.2 million vehicles, a 2.9 percent gain compared with 2011.

While the United States was the largest individual market for Chevrolet with total vehicle sales of 1.85 million, more than 60 percent of the brand’s sales came from other markets including Brazil (643,000), China (627,000), Russia (205,000), South Korea (125,000) and India (92,000). All posted strong sales due to new vehicle entries.

“ Chevrolet is in the midst of the most aggressive rollout of new products in its history, which helped us deliver our ninth-consecutive quarter of record global sales,” said Don Johnson, Chevrolet vice president of U.S. sales and service.

Guided by a new global vision, ‘Find New Roads,’ that is rooted in the brand’s legacy of ingenuity, Johnson said Chevrolet is poised for continued growth in 2013 with 13 new or significantly redesigned products being launched in the United States, including the all-new Corvette Stingray, Silverado and Impala , and 12 additional product launches around the world.

Chevrolet is building its global presence by delivering small cars like the Cruze , Sonic/Aveo and Spark , the midsize Malibu , and crossovers and trucks like the Spin , Trax , Orlando and Colorado that are designed for the varied driving conditions and customer preferences around the world.

The Cruze compact sedan led the brand with global sales of more than 755,000 in 2012, making it the best-selling Chevrolet nameplate around the world with nearly 1.9 million sold since its launch in 2009. In the United States, Chevrolet will launch a diesel engine- powered Cruze in the second quarter.

The top 10 Chevrolet sales markets in 2012 were:

On a corporate basis, GM sales in North America were up 3.2 percent and 10.1 percent throughout its International Operations over 2011.

General Motors Global Sales Summary

GM North America = United States, Canada, Mexico and other North American markets

GM in Europe = Western, Central and Eastern Europe plus Russia/ CIS

GM International Operations = Asia-Pacific, North Africa, Sub-Saharan Africa and the Middle East

Note: Iran, North Korea, Syria and Sudan are excluded from sales volume and market share calculations; * 4,053,550 including Russia/CIS

About Chevrolet

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4.5 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design, and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

About General Motors

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

SHANGHAI – Supported by unprecedented demand for all of their major brands, General Motors and its joint ventures sold a record 2,836,128 vehicles in China in 2012. Sales increased 11.3 percent from 2011.

“GM remained a leader in our company’s largest market in spite of a downturn in the commercial vehicle segment, where GM has a significant presence,” said Bob Socia, President, GM China, and Chief Country Operations Officer, China, India and ASEAN. “We benefited from a broad portfolio of models that are meeting the diverse needs of vehicle buyers across China.”

Growing Sales

Domestic sales by Shanghai GM rose 10.9 percent last year to a record 1,331,022 units. SAIC-GM-Wuling sold 1,445,203 units in China, an increase of 12.4 percent and an all-time high as well. FAW-GM’s domestic sales were down 0.9 percent to 55,609 units.

Buick sales in China increased 8.4 percent on an annual basis, finishing 2012 at a year-end high of 700,007 units. The brand was supported by ongoing strong demand for the original Excelle family, whose sales grew 9.3 percent to 277,071 units, and the Excelle XT and GT, whose sales were up 28.6 percent to 173,312 units. The Encore SUV got off to a strong start following its launch in October, with sales of 10,015 units.

Chevrolet likewise set a record for domestic sales, as demand increased 5.3 percent from 2011 to 626,846 units. Its most popular model was the Cruze, which generated sales growth of 5.2 percent to 232,592 units. Right behind it was the Sail, which had sales of 218,090 units, an increase of 30.8 percent. The brand’s newest model in China, the Malibu, had sales of 51,926 units.

Cadillac sales in China were up slightly in 2012 from the previous year to a record 30,010 units. GM’s luxury brand was led by the SRX, which sold 21,698 units – an increase of 8.9 percent.

Wuling sales in the domestic market rose 11.8 percent year on year to 1,334,895 units, which was also a new annual high. The Sunshine minivan, its best-selling model for the past nine years, surpassed half a million unit sales for the fourth consecutive year. Baojun had sales of 84,467 units in its first full year in the marketplace.

In addition, exports by GM’s manufacturing joint ventures to other emerging markets grew 61.0 percent last year to 77,207 units. The Sail accounted for about 80 percent. This took Shanghai GM’s total sales in 2012 to 1,392,658 units, SAIC-GM-Wuling’s sales to 1,459,988 units and FAW-GM’s sales to 56,395 units.

During December, GM and its joint ventures sold a record 242,486 vehicles in the domestic market, an increase of 23.2 percent on an annual basis. Shanghai GM’s domestic sales increased 41.7 percent to 110,135 units, while SAIC-GM-Wuling’s sales in China were up 11.7 percent to 126,730 units. Both were December records. FAW-GM’s sales were down 0.1 percent to 5,264 units.

Growing Presence

“GM continued to look to the future in China in 2012,” said Socia. “We introduced several new and upgraded products, grew our manufacturing footprint, and expanded our R&D and product development capability.”

The Chevrolet Malibu and Buick Encore were among the new models that GM began offering in China last year. Shanghai OnStar rolled out a range of new services for Buick, Chevrolet and Cadillac owners, helping the joint venture become the first telematics service provider in China with more than 500,000 subscribers.

Shanghai GM and SAIC-GM-Wuling both expanded the capacity at several of their existing manufacturing facilities. In addition, Shanghai GM broke ground for its fourth manufacturing base in Wuhan, Hubei. SAIC-GM-Wuling opened its new passenger car production facility near its headquarters in Liuzhou, Guangxi, and announced plans to build a third production base in Chongqing Municipality.

Meanwhile, GM continued to expand the dealership networks of all of its brands, with a focus on China’s tier 3 and tier 4 cities. GM ended 2012 with about 3,800 dealerships nationwide.

To support the ongoing development of products for China and the world, GM’s Pan Asia Technical Automotive Center (PATAC) joint venture opened a climate wind tunnel in Shanghai, and GM China and its partner SAIC joined Shanghai GM and PATAC in opening the Guangde Proving Ground in Anhui province. The GM China Advanced Technical Center recorded milestones in lightweight materials and electric vehicle battery development during its first full year of operation, while opening its second phase in November.

GM maintained its support for a greener, safer and healthier community in China as well. Among the key programs launched last year were the GM Restoring Nature’s Habitat Project, which is protecting important wetlands; the 2012 GM Safe Road Project, which educated young families about the importance of using safety equipment in vehicles; and the Back to 100 Rural Hospitals and SAIC-GM-Wuling Motorcade initiatives, which are assisting with health care in rural areas.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2012, GM sold more than 2.8 million vehicles in China. It has been the sales leader among global automakers in the market for several years. More information on General Motors in China can be found at GM Media Online. Click here to see GM China's milestones in 2012.

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• Chevrolet sold 75,461 vehicles in 2012, a 139-percent increase over 2011. Year ends with new record monthly sales in the history of Chevrolet in Thailand with 8,451 units.
• Sales in South East Asia region reached 91,715 units, a 108% growth.
• Chevrolet SPIN to be launched in 2013 with further boost in total sales expected.

·       Total industry volume exceeds 620 000 target with 623 914 sales for 2012

·       Passenger vehicle sales up by 11,3% for year

·       Light commercial vehicle sales lag with growth of just 4,6%

·       GMSA retains leadership in sub-1 ton LCV market with Chevrolet Utility

·       GMSA delivers a total of 69 968 vehicles for a Full Year market share of 11,2%

NAAMSA vehicle sales statistics for December reflect 46 016 new vehicle deliveries for the month, an increase of 1,8% on December 2011. This brought total sales for the year to 623 914 units, up 9,2% on 2011.

“The motor industry went into 2012 facing two psychological break points in terms of growth targets for the year,” says Malcolm Gauld GMSA’s Vice President Sales and Marketing “The first was the volume challenge of 620 000 units for the year and which was realised with the release of the December numbers taking the total for the year to 623 914.

“The second was the possibility of double digit growth, a goal that seemed destined to be easily exceeded going into the third quarter but was hampered by a drop-off in sales, particularly in the light commercial sector, during the last three months of the year. The passenger vehicle market performed well above the ten percent growth benchmark for most of the time ending the year 11,3% up. However, the light commercial sector lagged – impacted by a crisis of confidence amongst commercial buyers which saw the LCV sector decline by 13,1% month on month December 2012 vs 2011. Growth in this sector for the year was inhibited to just 4,6%, but was still a welcome plus for the industry.”

“For the GM franchise in South Africa 2012 was an exciting year which saw the expansion of both the Chevrolet and Opel brands with the introduction of a number of exciting vehicles. The image building Astra GTC and the Meriva MPV boosted interest in the Opel brand while the main events for Chevrolet were the introduction of the Trailblazer SUV and the Cruze Hatch. The Chevrolet Utility continued its leadership in the competitive sub-1 ton market segment to once again end the year as the top selling vehicle in its class. GMSA ended 2012 with total sales of 69 968 vehicles and a full year market share of 11,2%.

“Looking ahead through 2013 the GM franchise once again has a lot to offer South African vehicle buyers starting off with the introduction of the most powerful Astra yet from Opel, the new Astra OPC, which is set to raise the stakes in the performance car sector with its 206 kW/400 Nm power-plant. This exciting hot hatch is due in the market in February. The all-new Isuzu 1-ton pick-up range is set to transform our LCV line-up with significant styling and technology improvements over the existing Isuzu KB range towards the end of the first quarter.

“There has been a marked shift in buying patterns towards smaller vehicles like the Chevrolet Spark in recent times. GMSA is unique in this market as the only manufacturer to produce a vehicle in this class locally. We will take advantage of the flexibility that this gives us to add value and contemporary styling to the Spark with a significant update due in the early part of the year.

“Our forecast going into the new year is for a virtually flat market. The buying down trend in the passenger market will continue as vehicle operating costs continue to come under pressure and buyers look for overall cost efficiencies.

“It is probable that there will be some consolidation in the passenger vehicle market with private buyers perhaps retreating a bit. This trend will likely be countered by a renewal of buyer interest and activity in the light commercial sector – no ground shaking trend expected but rather a reversal of the downward trend seen in the last quarter of 2012. Whilst the past year has produced welcome growth in the industry contrary to global trends, the coming year the focus will be on preventing any erosion of that growth.”

PORT ELIZABETH, South Africa – General Motors is consolidating its Sub-Saharan Africa and North Africa operations into a new unit, GM Africa, effective immediately.

Mario A. Spangenberg, currently president and managing director of GM North Africa, will become president and managing director of GM Africa. He will be based at GM Africa’s headquarters in Port Elizabeth, South Africa. With this consolidation, Tarek Atta will become managing director of GM Egypt and North Africa, reporting to Spangenberg.

Edgar Lourençon, who has served as managing director of GM South Africa and president of GM Sub-Saharan Africa since November 2009, will assist in the transition and repatriate to South America later this year. He will report to Mark Barnes, GM International Operations vice president, Sales, Marketing and Aftersales, and chief country operations officer, Africa and Australia.

“Bringing our operations in Africa together will enable us to take advantage of synergies across the continent,” said Tim Lee, GM vice president, Global Manufacturing, and president, International Operations. “It will put GM in a strong position to expand in a part of the world that has tremendous long-term potential for vehicle sales growth.”

GM does business in more than 50 markets in Africa, and has manufacturing operations in South Africa, Egypt and Kenya. In 2012, GM sold 180,493 vehicles in Africa, an increase of 17.5 percent from the previous year.

“We are pleased to have Mario, a proven leader and an agent of change, overseeing our Africa operations,” said Barnes. “He has done an outstanding job growing GM’s business in North Africa, despite intense political and economic challenges.”

Spangenberg has been in his present position since July 1, 2011. He earlier held key posts in other parts of the world, including director of Sales Operations for GM de Mexico, managing director of International Sales for GM Daewoo Auto & Technology in South Korea, and director of Marketing for Adam Opel AG in Germany. He began his industry career in 1980 at Volkswagen.

In addition to his most recent assignment in GM International Operations, Lourençon has held several important positions in South America, including director of Quality and director of Sales and Field Operations for GM in Latin America, and president and managing director of GM Argentina, Paraguay, Uruguay, Chile, Peru and Bolivia. He joined the company in 1977 as an engineer in Manufacturing Engineering at GM do Brasil.

“We thank Edgar for strengthening our operations in Sub-Saharan Africa,” said Lee. “In the short term, with his background and expertise, we will look for Edgar to provide his leadership in two critical areas – overseeing the launch of our new pickup in South Africa and further strengthening the Isuzu relationship.”


General Motors Co. (NYSE: GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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DETROIT – Buick retail sales for 2012 were up 6 percent over 2011 and at the highest level in six years, giving the brand its third consecutive year of retail sales gains. Buick total sales increased 2 percent in 2012 and were the highest since 2007.

Retail sales, which are sales to individual customers, are up a combined 80 percent since 2010.   

Buick’s retail sales were also up for the eighth consecutive month in December, with a year-over-year increase of 9 percent. Total sales in December grew by 10 percent.

“Buick’s way of doing business is paying off,” said Brian Sweeney, vice president of Buick Sales and Service. “Our third straight year of growth is the result of beautiful design and quality engineering, a customer-focused dealer network, and opportunities like Experience Buick leasing. Our move into a new segment with the Verano sedan is paying off, and soon we’ll have the Encore in dealerships as well.”

Nearly 40,000 Veranos were delivered in the luxury sedan’s first full sales year. Verano continues to bring new customers to Buick showrooms, with one in two owners trading in vehicles from brands outside General Motors.

Enclave ended the year as Buick’s top-selling retail model, with more than 50,000 vehicles delivered to customers. December was the best month of retail sales ever for the luxury crossover, with sales up 10 percent year over year. Total Enclave sales in December were up 9 percent.

The new 2013 Enclave, which went on sale in November with updated styling, new technology, and industry-exclusive safety features, is in high-demand. According to JD Power PIN data, its time spent on dealer lots is about 16 days, less than half of the industry average for midsize crossovers. 

Buick is a modern luxury brand offering vehicles with sculpted designs, luxurious interiors with thoughtful personal technologies, along with responsive-yet-efficient performance. Buick is attracting new customers with its portfolio of award-winning luxury models, including the Enclave crossover, LaCrosse sedan, Regal sport sedan, Buick Verano sedan and the all-new 2013 Encore crossover. Learn more about Buick cars and crossovers at www.buick.com, on Twitter @buick or at www.facebook.com/buick.

DETROIT – General Motors Co.’s (NYSE: GM) U.S. dealers delivered the company’s highest December sales in five years, with deliveries up 5 percent year over year to 245,733 vehicles.

December was also GM’s best retail sales month of 2012. Retail volume was up 38 percent from November – about double the industry’s estimated increase. Incentive spending was competitive with industry-wide levels, according to J.D. Power PIN estimates, and remains below many Asian and domestic competitors.

“All four GM brands increased their sales year over year in December and we were strong across the board in cars, crossovers and pickup trucks,” said Kurt McNeil, vice president of U.S. sales operations. “We also achieved an important fuel economy milestone. In December, GM became the first U.S. automaker to sell more than 1 million vehicles in a single year that get an EPA-estimated 30 mpg or better on the highway.”

December Highlights

• Total GM passenger car sales increased 14 percent compared with a year ago. Crossover sales were up 2 percent and sales of trucks, which include pickups, vans and SUVs, were equal to a year ago.
• Compared with November, total car sales increased 18 percent, truck sales increased 52 percent and crossover sales increased 22 percent.
• Combined mini, small and compact car sales were up 52 percent year over year driven by continued strong Buick Verano, Chevrolet Spark and Sonic sales; a 27 percent increase for the Chevrolet Cruze; and a 72 percent increase for the Chevrolet Volt.
• Cadillac posted a double-digit year-over-year sales increase for the third consecutive month.
• Cadillac passenger car sales increased 64 percent year over year as the all-new ATS and XTS continue to establish themselves in the luxury market.
• Year-over-year sales of the Chevrolet Silverado increased 6 percent and sales of the GMC Sierra were up 13 percent. GM pickup sales were the highest since September 2008.

 
“GM’s strong finish in 2012, the industry’s momentum and the overall health of the U.S. economy make us optimistic about 2013,” McNeil said. “The budget compromise reached in Washington this week removes uncertainty and clears the way for full-year light vehicle sales to rise to the 15 million to 15.5 million unit range in 2013.”

 
General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT - General Motors today said it will purchase 200 million shares of GM common stock held by the U.S. Department of the Treasury for $5.5 billion, or $27.50 per share.  The share buyback is part of the Treasury’s plan, also announced today, to fully exit its entire holdings of GM stock within 12 to 15 months, subject to market conditions.

Treasury has announced its intention to sell its remaining shares of common stock into the market through various means and in an orderly fashion.  Treasury intends to begin its disposition of its remaining shares as soon as January 2013, consistent with a pre-arranged written trading plan.  In addition, Treasury has agreed to relinquish certain governance rights that were included in the U.S. Treasury Secured Credit Agreement with GM.

“This announcement is an important step in bringing closure to the successful auto industry rescue, it further removes the perception of government ownership of GM among customers, and it demonstrates confidence in GM’s progress and our future,” said Dan Akerson, chairman and CEO of GM.

Dan Ammann, senior vice president and CFO added, “A fortress balance sheet has been a pillar of GM’s financial strategy and has enabled us to undertake today’s actions.  GM’s balance sheet will remain very strong, with estimated liquidity of approximately $38 billion at the end of 2012, following the closing of the share buyback.”

The repurchase price of $27.50 per share represents a 7.9 percent premium over the closing price on December 18, 2012.  The share buyback is expected to close by the end of the year.  This transaction will be accretive to earnings per share, as GM’s total shares outstanding on a fully diluted basis will be reduced by approximately 11 percent.  In association with this share buyback, GM expects to take a charge of approximately $400 million in the fourth quarter, which will be treated as a special item.

After the repurchase, Treasury will continue to own approximately 300 million shares of GM common stock, or approximately 19 percent of the outstanding shares on a fully diluted basis.  Government ownership of GM stock was the result of the auto industry rescue that began under President George W. Bush in 2008 and which was expanded by President Barack Obama in 2009.

The industry in general, and GM in particular, have rebounded sharply since the rescue.  Since the rescue, GM has announced investments of more than $7.3 billion in the U.S. and created or retained more than 20,000 jobs.

“We come to work every day grateful that taxpayers from the US and Canada stepped forward to rescue our industry, and determined to show this extraordinary help was worth it,” Akerson said.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the effects on the U.S. economy of the “fiscal cliff” and any associated tax increases or spending cuts; the conditions in the capital markets that impact the UST’s ability to sell its shares of GM common stock; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors has named Grace Lieblein vice president, Global Purchasing and Supply Chain, effective immediately. In her new role, Lieblein will be responsible for GM’s purchasing activities and supply chain and logistics operations worldwide.

She succeeds Bob Socia, who was appointed president, GM China, and Chief Country Operations Officer, China, India and ASEAN in September. In her new role, Lieblein will report to GM Vice Chairman Stephen Girsky.

“Grace’s track record is a diverse and very successful one that has prepared her well for this critical role,” said Girsky. “Her wealth of experience in product development, manufacturing and general management gives her the insight needed to lead our Global Purchasing and Supply Chain organization and develop mutually beneficial and productive relationships with our suppliers.”

Prior to this appointment, Lieblein had been president and managing director of GM do Brasil since April 2011. She previously was president and managing director, GM de Mexico.

Lieblein, 52, joined GM in 1978 as a co-op student at General Motors Assembly Division in Los Angeles. Since then, she has held a variety of leadership positions in engineering, product development and manufacturing.

Lieblein also was recently appointed to the Board of Directors for Honeywell International, Inc.

Lieblein will manage the global purchasing and supply chain organization from Brazil until she relocates to Detroit early next year. Jaime Ardila, regional president of GM South America will assume the presidency of GM do Brasil on a temporary basis.

Kim Brycz, who served as acting vice president, Global Purchasing and Supply Chain since October 3, will continue in her role as executive director, Indirect Materials, Machinery and Equipment. 

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

• Warehouse to remain in Bochum and probably to be expanded
• New component production could be allocated in Bochum
• Initiative „Bochum Perspective 2022“ to secure existing and create new jobs
• Goal: No forced redundancies before run-out of current Zafira
• Attractive separation packages
• Germany stays backbone and home of Opel
• Announcement is part of long-term plan “Drive! 2022”

• Chevrolet continues record-breaking sales with 7,360 vehicles in November 2012
• The fourth time Chevrolet has broken its own record in 2012
• Received two TAQA awards in the Thailand International Motor Expo 2012

SHANGHAI – General Motors and its joint ventures have set a new annual sales record in China. With domestic sales of 260,018 vehicles in November, GM’s sales in 2012 reached 2,593,642 units in the first 11 months. In 2011, GM sold 2,547,171 vehicles in China for the year as a whole.

Last month’s sales were the highest ever for November and the second-highest for any month in GM’s largest market, rising 9.7 percent from November 2011.

Shanghai GM sold an all-time monthly record 136,444 vehicles in China last month, as demand for its products increased 20.6 percent on a year-on-year basis. SAIC-GM-Wuling’s domestic sales were down 0.5 percent on an annual basis to 118,536 units. FAW-GM’s sales in China rose 4.2 percent from the same month last year to 4,837 units.

Buick once again led the way for Shanghai GM in China, as sales increased 17.4 percent year on year to a November record 70,172 units. Demand for the original Excelle family totaled 23,381 units. It was followed by the Excelle XT and GT, which sold 17,716 units – an increase of 16.1 percent from November 2011 and the models’ second-highest sales for any month. Setting a new monthly record was the Regal, which sold 9,204 units – an increase of 12.4 percent on an annual basis. The Encore SUV got off to a strong start, with 6,025 units sold in its first month on the market.

Chevrolet likewise set a November sales record in China. Demand was up 15.3 percent on an annual basis to 63,012 units. It continued to be driven by the Sail family, which had sales of 22,394 units, a 10.6 percent increase year on year, and the Cruze, which had increased sales of 1.6 percent from November 2011 to 22,216 units. Malibu sales totaled 7,697 units in the midsize sedan’s first November being offered in China.

Cadillac set an all-time monthly sales record in China of 3,260 units, an increase of 8.4 percent on an annual basis. Leading the way in November were the SRX, with sales of 2,082 units, and the SLS, which had record monthly sales of 1,029 units.

Wuling sales in China dropped 0.5 percent year on year to 108,304 units in November. It continued to be led by the Sunshine, which had sales of 40,420 units.

Baojun’s November sales jumped 70.0 percent on an annual basis to 10,232 units, the brand’s second-highest monthly total ever. Its most popular model was the 630, which had sales of 6,429 units – an increase of 6.8 percent from last November.

During the first 11 months of 2012, sales by GM and its joint ventures increased 10.4 percent year on year. Shanghai GM’s domestic sales grew 8.7 percent to 1,220,887 units. SAIC-GM-Wuling’s domestic sales grew 12.5 percent to 1,318,473 units. FAW-GM’s domestic sales decreased 1.0 percent to 50,345 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 55,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2012, GM sold more than 2.8 million vehicles in China. It has been a sales leader among global automakers in the market for several years. More information on General Motors in China can be found at GM Media Online.

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·      GMSA achieves 11,3% market share in November

·      New Chevrolet Trailblazer and Cruze Hatch make their mark

·      Cruze features in top ten passenger rankings

·      Chevrolet Utility continues to lead sub-1ton sector with 1667 sales

General Motors South Africa (GMSA) recorded sales of 5 997 vehicles in November for a share of 11,3% of the total vehicle market of 53 134 units for the month. This compares to the 49 498 total sales for the same month last year.

“New vehicle trading conditions were softer than those experienced for the greater part of the year with sales up by 7,3% on November last year compared to the double digit gains experienced for the greater part of the year to date,” says Malcolm Gauld, GMSA’s Vice President, Sales and Marketing. “As has been the trend through the year, strength in the passenger vehicle sector underpinned a soft light commercial vehicle sector. Year-to-date the vehicle market is now 9,8% up on last year.

“Passenger vehicle sales were 10,9% up compared to November 2011 while the light commercial sector showed a decrease of 1,3% for the same period. The dealer channel accounted for 79% of sales, indicative of continued demand from private buyers. Private buyer attention remains focused on the lower end of the market for small and medium cars. The light commercial sector continues to be challenged by a suppressed level of confidence in the business sector, particularly amongst small and medium sized operators.

“The Chevrolet brand continues to strengthen its position in challenging market conditions. Late November saw the arrival of the all-new Trailblazer on dealer floors with high demand for the new model from SUV enthusiasts. We delivered 367 units as the supply chain has just started to fill up! The addition of the Cruze Hatch broadened the appeal of our mid-size offering with the Cruze again featuring in the top ten sellers’ list.

“The ever popular Chevrolet Utility remains number one in the sub-one ton segment and claimed the number two overall sales spot in the total light commercial vehicle market. The contribution of this model and the Isuzu KB secured a 20,8% share of light commercial vehicle sales for GMSA.

“Our 2012 forecast of 620 000 new vehicle sales for the year looks like being exceeded to achieve year-on-year growth of 10%. Looking ahead into 2013 we would anticipate a lower level of growth with some reservation associated with pressure on imported costs and disposable income.”

DETROIT – General Motors Co. (NYSE: GM) today reported its highest November sales in the United States since 2007, with deliveries up 3 percent versus a year ago to 186,505 vehicles. Year-over-year sales to retail customers were essentially equal to a year ago and sales to fleet customers were up 16 percent.

“In November, we saw strong car and crossover sales and we continue to make inroads with younger customers, import drivers and buyers focused on fuel economy,” said Kurt McNeil, vice president of U.S. sales operations. “Sales at Cadillac and Buick are benefiting from the buzz generated by new products, including the Buick Verano, Cadillac XTS and Cadillac ATS.”

Sales of GM passenger cars increased 19 percent in November compared with a year ago. Crossovers were up 9 percent and sales of trucks were down 11 percent. Buick and Cadillac had their best November sales since 2006 and 2007, respectively.

• Passenger car sales were up 77 percent at Cadillac, 22 percent at Buick and 13 percent at Chevrolet.
• Combined sales of mini, small and compact cars were up 51 percent compared with a year ago, driven by the new Buick Verano and Chevrolet Spark, a 27 percent increase for the Chevrolet Cruze, a 33 percent increase for the Chevrolet Volt and a 12 percent increase for the Chevrolet Sonic.
• Crossover sales were driven by a 44 percent increase for the GMC Terrain, a 23 percent increase for the Buick Enclave and a 13 percent increase for both the Chevrolet Equinox and the Cadillac SRX.
• Sales of large pickups were 8 percent lower in part due to unexpectedly high competitive incentive activity, which GM did not match.

The average transaction prices for GM vehicles increased $750 per unit versus a year ago, even though the company’s car and crossover mix increased from 56 percent of total sales to 62 percent. ATPs also increased about $190 per unit from October, when the car and crossover mix was 60 percent.

“The East Coast’s ongoing recovery from Hurricane Sandy helped drive the November SAAR materially higher, but it benefited our competitors more than GM, since they rely on the region for more of their sales,” McNeil said.

“It’s clear that the industry will come in at the high end of our full-year sales forecast,” he added. “Exactly how much growth we can expect next year will depend in part on how Congress and the president resolve the fiscal cliff issue. Consumers hate uncertainty, so an agreement on ways to reduce long-term federal budget deficits could remove an impediment to growth.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Financial Company, Inc., (GM Financial) a wholly owned subsidiary of General Motors Co. (NYSE: GM), announced today that it is acquiring automotive financing operations in Latin America, Europe and China from Ally Financial Inc. (Ally).

“GM is entering the most aggressive rollout of new vehicles in its history and this acquisition will make us an even more formidable competitor by ensuring that competitive financing is available to our customers and dealers around the world,” said GM Senior Vice President and CFO Dan Ammann.  

GM established GM Financial in 2010 to add captive financing capabilities in the United States and Canada in strategic and underserved segments.  With the addition of Ally International Operations, GM Financial will be able to support GM customers and dealers in markets comprising about 80 percent of GM’s global sales while earning strong risk-adjusted returns.

“The Ally International Operations have very strong underwriting and risk management, close relationships with GM dealers and an excellent customer service reputation,” said Dan Berce, president and CEO of GM Financial.  “The addition of these businesses significantly strengthens GM Financial’s core role, which is to support the sale of GM vehicles.  The international operations leadership team will also transition to GM Financial, which will provide tremendous continuity for stakeholders and customers.”

The transaction includes operations in Brazil, Mexico, Colombia, Chile, Germany, the United Kingdom, France, Italy, Belgium, the Netherlands, Sweden, Switzerland and Austria.  It also includes Ally’s 40 percent interest in its Chinese joint venture GMAC-SAIC Automotive Finance Company.

To fund the purchase, GM expects to contribute approximately $2 billion in cash to GM Financial to increase its equity and ensure an appropriate pro forma capital structure.  

The purchase price for the acquired assets represents an approximately $550 million premium to their book value. As result of the acquisition, GM Financial’s assets will double to approximately $33 billion and its liabilities, including consolidated debt, will increase to about $27 billion compared with about $12 billion today.   

The transaction is expected to add $300 million to $400 million to GM Financial’s annual earnings before taxes (EBT). This will bring GM Financial’s pro forma annual EBT run rate to approximately $1 billion. The transaction is expected to be completed in mid-2013, subject to regulatory approvals.

About General Motors

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

About General Motors Financial Company

General Motors Financial Company, Inc. provides auto finance solutions through auto dealers across the United States and Canada. GM Financial has approximately 3,700 employees, over 809,000 customers and $16.3 billion in assets. The Company is a wholly-owned subsidiary of General Motors Company and is headquartered in Fort Worth, Texas. For more information, visit www.gmfinancial.com.

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GM Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

GMF Forward-Looking Statements 
Except for the historical information contained herein, the matters discussed in this presentation include forward-looking statements that involve risks and uncertainties detailed from time to time in GMF's filings and reports with the Securities and Exchange Commission including the Company’s annual report on Form 10-K for the year ended December 31, 2011. Such risks include – but are not limited to – changes in general economic and business conditions, GM’s ability to sell new vehicles in the United States and Canada that we finance, interest rate fluctuations, our financial condition and liquidity, as well as future cash flows and earnings, competition, the effect, interpretation or application of new or existing laws, regulations, court decisions and accounting pronouncements, the availability of sources of financing, the level of net credit losses, delinquencies and prepayments on the loans and leases we originate, the prices at which used cars are sold in the wholesale auction markets, changes in business strategy, including acquisitions and expansion of product lines and credit risk appetite, and significant litigation. These forward-looking statements are based on the beliefs of GMF's management as well as assumptions made by and information currently available to GMF's management. Actual events or results may differ materially. It is advisable not to place undue reliance on any forward-looking statements. GMF undertakes no obligation to, and does not, publicly update or revise any forward-looking statements, except as required by federal securities laws, whether as a result of new information, future events or otherwise. 

GM Contacts

Randy Arickx
Executive Director, Communications
Phone 313-667-0006
Mobile 313-268-7070
randy.c.arickx@gm.com

Dave Roman
Director, Financial Communications
Phone 313-665-5316
Mobile 313-498-1735
dave.roman@gm.com

GM Financial Contacts:

Chrissy Heinke
GM Financial Media Relations
817-302-7069
chrissy.heinke@gmfinancial.com

Susan Sheffield
GM Financial Investor Relations
817-302-7355
susan.sheffield@gmfinancial.com

• Retail unit sales in October at 6,707(best October in Chevrolet Thailand history)
• Total sales increase 252%  compared to same period in 2011  
• Sonic sales increased 18% over September
• New dealerships opening in Q4 demonstrates Chevrolet strength in the market

DETROIT – General Motors Co. today announced a new $11 billion revolving credit facility consisting of a $5.5 billion three-year facility and a $5.5 billion five-year facility.  The new facility replaces GM’s existing $5.0 billion credit facility maturing in 2015.

“The new revolver provides a significant source of backup liquidity and financial flexibility, further bolstering our fortress balance sheet,” said Dan Ammann, GM senior vice president and CFO.  “This level of commitment from the global banking community represents a strong vote of confidence in the financial strength of our company.”

The facility offers improved pricing and terms, and the ability to borrow in currencies other than U.S. dollars.  GM Financial, GM’s captive finance company, will also be able to borrow under the facility.

A total of 35 financial institutions from 14 countries participated in the broadly syndicated transaction, underscoring the global scope of GM’s operations.

The new facility is expected to be rated investment grade by each of the major credit rating agencies.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

SHANGHAI – General Motors and its joint ventures sold an October-record 251,812 vehicles in China. Sales were up 14.3 percent on an annual basis, as GM’s major brands in China reached new highs for the month.

Shanghai GM sold 117,611 vehicles in China during October, a year-on-year increase of 13.8 percent. SAIC-GM-Wuling’s domestic sales rose 15.9 percent on an annual basis to 129,806 units. FAW-GM sold 4,259 vehicles in the domestic market, down 2.7 percent from October 2011.

Buick sold 60,510 vehicles in China last month, an increase of 7.7 percent on an annual basis. The brand was led by the original Excelle family, which sold 23,414 vehicles. In addition, the Excelle XT and GT had sales of 16,541 units, an increase of 68.0 percent year on year.

Chevrolet sales in China totaled 54,660 units, an increase of 8.3 percent from the previous October. Its best-selling model was the Cruze, with demand totaling 20,690 units – an increase of 4.6 percent year on year. Right behind it was the Sail family, which had sales of 18,385 units, a 14.9 percent increase year on year. Sales of the Malibu remained strong as well, totaling 7,843 units in the nameplate’s first October being offered in China.

Cadillac sales in China increased 19.5 percent on an annual basis in October to 2,491 units. Its best-selling model was the SRX, which experienced a sales increase of 31.0 percent to 1,677 units.

Wuling brand sales in China during October were 118,788 units, a year-on-year increase of 17.0 percent. It was led by the Sunshine, which had sales of 44,346 units. Another Wuling minivan, the Hong Guang, had sales of 34,220 units – an increase of 63.9 percent from last October.

Baojun set an all-time monthly sales record, surpassing 10,000 units for the first time. It sold 10,968 vehicles, more than twice the number of the previous October. Sales of the brand’s most popular model, the 630, rose 32.6 percent on an annual basis to 6,634 units.

During the first 10 months of 2012, GM and its joint ventures sold 2,333,624 vehicles in China, an increase of 10.5 percent year on year and a new record for the period. Shanghai GM’s domestic sales grew 7.4 percent to 1,084,443 units. SAIC-GM-Wuling’s domestic sales grew 13.9 percent to 1,199,937 units. FAW-GM’s domestic sales decreased 0.5 percent to 45,508 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

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·       11,6% market share for GMSA with 6 716 sales for month

·       Chevrolet Utility continues leadership in sub-1 Ton segment with 53,6% of sales

·       Chevrolet Sonic ranked 8^th in total passenger sales with 969 sales

·       Chevrolet Spark rounds out top ten best passenger sellers with 688 units

General Motors South Africa (GMSA) achieved a market share of 11,6% with 6 716 sales in a total vehicle market of 57 845 units in October as reported by NAAMSA. While up on September sales the vehicle market continued to show a softer growth trend than that experienced during the first nine months of the year.

“Vehicle sales in October continued to show growth compared to 2011 with stronger than anticipated sales month in October but with continued evidence of a tightening up in trading conditions,” says Malcolm Gauld, GMSA’s Vice President, Sales and Marketing. “A pause in the market was anticipated for the latter part of the year with a soft landing being forecast, and the indication is that this will be realised.

“October saw sales accelerate beyond 10% month-on-month versus 2011 once again. In the passenger sector the private buyer remains the driving force with a continued focus on the lower end of the market. This sector delivered growth of 13,1% over the same month last year with 41 636 passenger vehicles sold during the month.

“The light commercial sector once again provided an indication of some hesitancy to commit to fleet expansion in the business sector with sales just 5,3% up on October 2011 with 13 667 deliveries for the month. Leads and lags in the market for larger commercial vehicles saw a recovery in medium commercial vehicle sales compared to September. The market for heavy trucks was well up on September with 546 sales, up 28,2% on the same month last year but just 3,3% up over the ten month period year-to-date. Extra heavy vehicle sales were somewhat down compared to last year but remain in the 10% growth range for the past ten months.

The motor industry remains on target to achieve 10% growth for the year. With year-to-date sales of just under 425,000 units, the forecast of a full year 620,000 industry is both realistic and achievable.

“GMSA’s continues to grow its presence in the market with an 11,6% market share for the month and two significant new models. The Cruze Hatch experienced its first full month of sales during October, and the much anticipated Chevrolet Trailblazer has just started arriving in our dealer showrooms.  The Chevrolet Utility continues in a commanding position as the most popular small pick-up in the market with close to 54% of sales in its sector with 1 763 units sold. In the passenger sector the Sonic was ranked as number eight with sales agonisingly short of the 1 000 unit mark at 969 units while the locally manufactured Chevrolet Spark rounded out the top ten passenger rankings for the month with 688 sales.”

DETROIT – General Motors Co. (NYSE: GM) today reported its highest October sales in the United States since 2007, with deliveries up 5 percent versus a year ago to 195,764 vehicles.  Year-over-year sales to retail customers were up 7 percent and sales to fleet customers were down 2 percent.   

“GM had a solid October in a month that was marked by a devastating national tragedy,” said Kurt McNeil, vice president, U.S. sales operations.  “All of us at GM are deeply saddened by the loss of life and the extensive damage caused by the storms, but we’re really encouraged by the national and local response, which will speed the recovery.”

GM’s new cars had a standout performance in October.

“With new designs like the Chevrolet Spark, Buick Verano and Cadillac ATS, and a growing reputation for quality and good resale value, we are becoming an even more formidable competitor in every segment – not just traditional GM strongholds like trucks,” McNeil said. 

Sales of GM passenger cars increased 15 percent in October compared with a year ago. Crossovers were up 3 percent and sales of full-size pickup trucks were up 8 percent. 

• Passenger car sales were driven by a 37 percent increase in Cadillac car sales, a 27 percent increase in Buick car sales and a 12 percent increase in Chevrolet car sales.
• Combined sales of mini, small and compact cars were up 72 percent compared with a year ago, driven by strong Spark and Sonic sales and a 34 percent increase in Cruze sales.  Chevrolet dealers also delivered a record 2,961 Volts.
• Crossover sales were driven by double-digit increases for the Cadillac SRX, GMC Acadia and GMC Terrain.
• Overall truck sales were down 2 percent, reflecting lower sales of the GMC and Chevrolet mid-size pickups, which have been discontinued, and large SUVs.

“Year over year, the light vehicle selling rate has increased for eight consecutive quarters without a tailwind from the residential housing sector, but that is starting to change,” said McNeil.  “If these trends continue, housing may be the final piece of the puzzle that lifts sales above 15 million units on an annual basis just as GM prepares to launch even more new cars, crossovers and trucks.” 

GM will replace 70 percent of its U.S. nameplates with redesigned or all-new vehicles over the course of 2012 - 2013.  In anticipation of robust demand, GM has increased its year-end inventory target from the 650,000-unit range to 660,000 to 670,000 units.  This change reflects higher planned stocks of new passenger cars.  The truck inventory target is unchanged.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Co. (NYSE: GM) today announced third quarter net income attributable to common stockholders of $1.5 billion, or $0.89 per fully diluted share including the impact of special items, which reduced net income by $0.1 billion and diluted earnings per share by $0.04. In the third quarter a year ago, GM’s net income attributable to common stockholders was $1.7 billion, or $1.03 per fully diluted share.

Net revenue in the third quarter of 2012 was $37.6 billion compared with $36.7 billion a year ago. Earnings before interest and tax (EBIT) adjusted was $2.3 billion compared with $2.2 billion a year ago.

“GM had a solid quarter because customers around the world love our new vehicles and we’re also seeing green shoots take hold on tough issues like complexity reduction, pensions and Europe,” said Chairman and CEO Dan Akerson. “We are going to keep playing offense with growth products like the Chevrolet Onix, Opel Mokka and Cadillac ATS and continue to systematically address business risks.”

Senior Vice President and CFO Dan Ammann added, “While we still have a lot of work to do, especially in Europe, it is encouraging to see our results begin to reflect the discipline we are bringing to bear on the overall business.”

GM Results Overview (in billions except for per share amounts)

Third Quarter Segment Results

• GM North America (GMNA) reported EBIT-adjusted of $1.8 billion compared with $2.2 billion a year ago.
• GM Europe (GME) reported an EBIT-adjusted of $(0.5) billion compared with $(0.3) billion a year ago.
• GM International Operations (GMIO) reported EBIT-adjusted of $0.7 billion compared with $0.4 billion a year ago.
• GM South America (GMSA) reported EBIT-adjusted of $0.1 billion compared with near breakeven results a year ago.
• GM Financial earnings before tax was $0.2 billion, up slightly compared with a year ago.

Cash Flow and Liquidity

For the quarter, automotive cash flow from operating activities was $3.1 billion, up $1.3 billion from a year ago, and automotive free cash flow was $1.2 billion, up $0.9 billion. GM ended the quarter with very strong total automotive liquidity of $37.5 billion. Automotive cash and marketable securities was $31.6 billion.

Pension De-Risking Transactions

During the quarter, approximately 30 percent of eligible U.S. salaried retirees accepted GM’s offer to receive a lump sum payment in lieu of ongoing pension benefits. In addition, GM expects to close in early November a previously announced transaction through which The Prudential Insurance Company of America will assume responsibility for pension obligations covering GM’s remaining eligible U.S. salaried retirees.

Through annuitizations and lump sum payments, approximately $29 billion of GM’s U.S. salaried pension liability is expected to be eliminated compared with an original estimate of $26 billion.

In connection with these transactions, GM expects to make total cash contributions to its U.S. salaried pension plan of approximately $2.6 billion. In addition, GM will record an approximately $2.9 billion pre-tax charge in the fourth quarter as a special item. GM originally estimated that it would make a cash contribution of $3.5 billion to $4.5 billion and record a charge of $2.5 billion to $3.5 billion.

Fourth Quarter Outlook

GM’s consolidated fourth quarter EBIT-adjusted will follow typical seasonal trends with results estimated to be similar to or slightly better than the same period a year ago.

GM also indicated that to the extent positive financial trends continue the reversal of a significant portion of its valuation allowance on U.S. and Canadian deferred tax assets is possible in the fourth quarter of 2012. At Sept. 30, 2012, valuation allowances on deferred tax assets in the United States and Canada were $35.6 billion and $3.2 billion. In addition, valuation allowance reversals could result in goodwill impairment.

Europe Outlook

GM currently estimates GME’s EBIT-adjusted for the 2012 calendar year to be in a range of $(1.5) billion to $(1.8) billion, depending on the level of restructuring activity in the fourth quarter. In addition, the company is targeting full-year 2013 EBIT-adjusted for GME to be slightly better than 2012. Break-even EBIT-adjusted results are targeted by mid-decade.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – Chevrolet sold more than 1.25 million vehicles worldwide in the third quarter of 2012, a 3.1 percent increase over last year’s record-setting third quarter and the eighth consecutive quarter of record sales. Chevrolet’s growth around the world continues to outpace other mainstream automotive brands.

“Chevrolet is connecting with more consumers around the world thanks to the strongest product lineup in the brand’s history,” said Chris Perry, Chevrolet vice president of global marketing.  “Chevrolet will continue to build on this momentum by introducing 25 new products around the world in 2013.” 

The Cruze continues to be the best-selling Chevrolet nameplate with more than 550,000 sold so far this year and more than 1.65 million sold since the car was launched. Sales of the Spark mini car, Aveo/Sonic small car and 2013 Malibu mid-size sedan are rising as more vehicles become available in dealer showrooms. The launch of the Colorado mid-size truck in Thailand has propelled the brand to monthly sales far exceeding the brand’s total in-country sales in 2011.

Chevrolet posted sales increases over the third quarter of last year in all of its top five markets including:

• The United States – 458,721 vehicles, an increase of 2.1 percent, led by record sales of passenger cars including best-ever monthly sales for Volt, Cruze, Sonic and Spark.
• China – 152,328 units, an increase of 3.7 percent.
• Brazil – 182,906 sales, up 13.5 percent. The brand will introduce the all-new Onix, a small hatchback that will offer consumers easy-to-use connectivity through Chevrolet MyLink, at the Sao Paulo Auto Show next week.
• Russia – 58,453 sales, up 28.8 percent. Momentum continues to build with the launch of seven new products for the region next year.   
• In Mexico, Chevrolet sold 43,852 vehicles in the quarter, an increase of 12.9 percent.

Chevrolet will continue its product transformation in the United States with the launches of 13 new or significantly updated models in 2013 including the all-new Impala, all-new Silverado light-duty pickups and the all-new SS rear-wheel drive performance sedan. The brand will also begin launching the all-new Trax small sport-utility vehicle around the world in the fourth quarter.  The launch of the Trailblazer mid-size SUV and Colorado mid-size truck in Thailand and other markets continues; and the Spin multi-purpose vehicle will go on sale early next year in Southeast Asia and Brazil, where the Onix small-hatchback goes on sale later this year. 

Chevrolet, traditionally an American brand, today records more than 60 percent of its sales outside the U.S. market.

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

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DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock.  The dividend is payable Dec. 3, 2012 to Series B holders of record as of Nov. 15, 2012. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.    

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

DETROIT — General Motors today appointed senior executive Robert E. Ferguson to lead the global growth and development of the company’s iconic Cadillac brand. 

In the newly created position of vice president, global Cadillac, Ferguson will be responsible for marketing, brand management and advertising for Cadillac in markets around the world.  The move is effective immediately and he will report directly to GM chairman and CEO Dan Akerson.  Responsibility for sales is also expected to transition to Ferguson in the new year.

“Bob is a proven leader with vision and a will to win at this critical time for Cadillac,” said Akerson. “He brings a deep business and marketing background that has been marked by delivering results at every stop and under every circumstance. The Cadillac brand will hit a higher gear under his watch."

Ferguson heads Cadillac at a time when GM's premium luxury brand is planning the most extensive round of product launches and upgrades in its history, and is poised to enter new international markets with industry-leading products like the XTS, ATS and SRX.

"I’m excited to join a talented team during a period of revitalized growth,” said Ferguson. “The opportunity to strengthen and grow Cadillac is ours for the taking. More people in new markets will experience what makes Cadillac one of the industry's most revered brands."

U.S. vice president for Cadillac marketing Don Butler and U.S. vice president for Cadillac sales and service Chase Hawkins will report to Ferguson as he begins building out his global team.

Ferguson, 53, joined GM in 2010 and is currently vice president for global public policy. He is credited with helping GM strengthen its position and voice on Capitol Hill, and with its many regulatory agencies, on a wide range of business challenges related to energy, tax, labor and finance policy. In that role, Ferguson has become particularly familiar with GM’s product portfolio and advanced technology plans as the automaker contends with new fuel economy rules and safety regulations.

Prior to joining GM, Ferguson was at the business advisory and strategic communications firm Public Strategies, where he worked with a diverse and international group of clients as a senior strategist. His work with the firm included providing international relations and crisis counsel to the president of the International Olympic Committee during the period leading up to and during the 2008 Olympic Games in Beijing, as well as leading strategy around several high-profile and complex financial and merger and acquisition transactions.

Before joining Public Strategies, Ferguson spent more than 10 years as an executive at AT&T, most recently as the president of state legislative and regulatory affairs. He also gained a depth of experience on the sales side of the business, as group president and CEO of SBC's Enterprise Business Services. In that role, he had responsibility for 10,000 employees — one of the nation’s largest sales and engineering organizations at the time. During his tenure, Ferguson oversaw data services, Internet, long distance and customer service operations and grew revenues of $5 billion and EBIT of $1.9 billion.

Ferguson's previous responsibilities in Washington will be assumed by Selim Bingol, who will also retain his current communications role and will become vice president, global communications and public policy.  Bingol, who also will serve as chairman of the GM Foundation, will continue to report directly to Akerson and remain based in Detroit.

Bingol, 52, joined GM in March 2010, having served as a senior communications and public affairs strategist for a number of large, international clients across diverse industries.  Prior to GM, Bingol was senior vice president, corporate communications at AT&T, during a time of unprecedented growth, merger and acquisition activity, and federal and state regulatory scrutiny.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Shanghai – General Motors and its joint ventures sold a September record 244,266 vehicles in China, an increase of 10.5 percent from the previous month and 1.7 percent from September 2011.

Shanghai GM’s domestic sales were up 3.7 percent year on year to an all-time September high of 120,010 units. SAIC-GM-Wuling’s sales in China also set a September record, increasing 0.4 percent to 119,510 units. Domestic sales by FAW-GM were down 5.0 percent to 4,581 units.

Chevrolet sales in China totaled 56,166 units in September, a new record for the month and an increase of 3.2 percent year on year. The brand was again led by the Sail, which generated sales of 18,786 units, and the Cruze, which had sales of 18,338 units. In addition, the Malibu set an all-time monthly sales record of 8,280 units.

Buick’s September sales in China declined 1.8 percent on an annual basis to 62,120 units. Sales of the original Excelle family totaled 23,186 units. It was followed by the Excelle XT and GT, which generated sales of 15,311 units. Demand for the Regal of 9,026 units was an all-time monthly high.

Cadillac sales in China during September totaled 2,585 units, a drop of 8.3 percent year on year. It continued to be led by the SRX luxury utility vehicle, which sold 1,800 units.

Wuling sales in China totaled 109,502 units in September, a decrease of 2.5 percent year on year. Baojun sales during the month were 9,147 units, a considerable increase from the 1,945 units sold in September 2011.

During the first nine months of 2012 as a whole, sales by GM and its joint ventures in China increased 10.0 percent on an annual basis to a record 2,081,812 units. Shanghai GM’s domestic sales were up 6.7 percent to 966,832 units, SAIC-GM-Wuling’s domestic sales were up 13.7 percent to 1,070,131 units, and FAW-GM’s domestic sales were down 1.4 percent to 41,249 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

# # #

• Domestic market performance is led by strong demand for the Colorado, the Captiva and the all-new Thai-built Sonic
• Total sales increase by 130%
• Southeast Asia markets see increase in interest

DETROIT – General Motors Co. (NYSE: GM) today reported its highest September U.S. sales since 2008: 210,245 vehicles, up 1.5 percent compared with a year ago. New products helped drive a 29 percent increase in passenger car sales. Sales of GM’s mini, small and compact cars alone were up a combined 97 percent, and all GM brands increased their retail sales.

“Passenger cars have been the launch point for a broad and deep GM product offensive,” said Kurt McNeil, vice president of U.S. sales operations. “Auto sales will continue to be a bright spot for the U.S. economy, which is particularly good news for GM as we walk into an even stronger cadence of new products in 2013 and 2014.”

GM has moved aggressively to replace existing vehicles with better designs, more technology and improved fuel economy. At the same time, GM is entering growth segments and offering new entry points for each brand. Seventy percent of GM nameplates will be all new or redesigned in 2012 and 2013.

September’s car sales increase reflected a strong start for the new Chevrolet Spark and Cadillac XTS, continued strong sales of the Buick Verano, Chevrolet Cruze and Chevrolet Sonic, and a second consecutive sales record for the Chevrolet Volt. September also marked the first deliveries of the all-new Cadillac ATS.

The GMC Terrain and Acadia crossovers had strong months as well, with sales up 8 percent and 16 percent, respectively. This helped drive a 3 percent increase for all GM crossovers versus a year ago.

Truck sales were down 20 percent due to a 46 percent year-over-year reduction in fleet sales due to the timing of customer deliveries. In the large pickup segment, GM’s total sales were down 12 percent and fleet sales were down 56 percent. However, GM reduced its large pickup inventories by approximately 8,600 units compared with August, and earned average transaction prices more than $2,300 per unit above a year ago with the lowest incentive spending in the industry, according to J.D. Power PIN data.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

SHANGHAI – Kevin Wale, president, GM China, and chief country operations officer, China, India and ASEAN, has announced that he will retire Oct. 31. Bob Socia, GM vice president, Global Purchasing and Supply Chain, will succeed Wale, effective Oct. 1.

“Kevin has been instrumental in strengthening our foundation in the largest vehicle market in the world,” said Tim Lee, GM vice president, Global Manufacturing, and president, International Operations. “Delivering exceptional value related to General Motors’ presence in China, he has made the company a recognized business leader and valued partner throughout Asia. We appreciate Kevin’s nearly four decades of service to the company and wish him continued success.”

Wale, 57, began his GM career at Holden in 1975, where he held the positions of director of Finance and director of Sales and Marketing. In 1998, he moved to Singapore as the executive responsible for GM’s Asia Pacific operations. In 2001, he moved to the U.K. as chairman and managing director of Vauxhall Motors and vice president of GM Europe. In 2005, Wale became president and managing director of the GM China Group, responsible for the overall coordination of GM's extensive operations in Greater China. GM’s annual sales grew from 560,000 units in 2005 to 2.5 million units in 2011, and the company has remained the leader among global OEMs for seven consecutive years. In 2009, Wale received the Shanghai government’s Magnolia Award, the highest honor for members of the foreign community in Shanghai. 

Socia has worked in every GM region around the world. With his broad global background, he is well prepared for a seamless transition to oversee many of GM’s key Asian markets.

“Bob has extensive experience leading global operations and global purchasing, and working directly with our joint venture partners,” said Lee. “His vast knowledge of our business around the world, combined with his ability to build and foster strong relationships and always put the customer first, makes him a perfect fit for this critical role.”

Socia, 58, joined GM’s Cadillac Division in Detroit in 1975 and worked in both the finance and materials management areas. He has held a number of senior international positions in GM Asia Pacific, GM Europe, and GM Latin America, Africa and the Middle East. Socia was appointed president and managing director of GM South Africa in 2004. In 2007, he was named executive vice president of Shanghai GM, GM’s 15-year-old joint venture in China. Socia was appointed GM vice president, Global Purchasing and Supply Chain, in 2009. He has been responsible for GM’s global purchasing, supplier quality, logistics, order fulfillment and supply operations.

In his new position, Socia will report to Lee and remain a member of GM’s Executive Operations Committee (EOC). Socia’s successor in Global Purchasing and Supply Chain will be named in the near future.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

###

• Highest monthly sales performance in history of Chevrolet Thailand attributed to August sales volume of 7,331 vehicles
• Thai market growth fueled by Colorado and new product offensive of Sonic sedan and Trailblazer SUV
• Total vehicle sales for Chevrolet in the SEA markets was 8,762 vehicles in August, a 107% increase when compared to 2011 during the same period

Shanghai – General Motors and its joint ventures set a new August sales mark in China. Sales rose 7.3 percent from the previous August and 10.8 percent from July to 220,996 units.

All three of GM’s key manufacturing joint ventures set sales records for the month. Shanghai GM’s domestic sales were up 11.7 percent on an annual basis to 110,209 units. SAIC-GM-Wuling’s sales in China rose 3.4 percent to 106,500 units. FAW-GM’s domestic sales increased 17.4 percent to 4,117 units.

Buick sales in China were up 2.8 percent on an annual basis to 57,603 units, an all-time high for August. It was once again led by the original Excelle family, which had sales of 22,881 units, followed by the Excelle XT and GT, which had sales of 15,036 units – an increase of 33.0 percent. In addition, sales of the Regal were up 17.7 percent on an annual basis to 7,186 units.

Chevrolet sales in China also set a new August record of 53,207 units, which was a rise of 14.7 percent year on year. Sales of the Cruze totaled 20,043 units. Demand for the Sail rose 40.6 percent to an August record 16,176 units. Sales of the Malibu, which was introduced in February, set an all-time monthly record of 6,443 units.

Cadillac sold 2,104 units in China during August. Demand for the SRX luxury utility vehicle totaled 1,584 units.

Wuling sales in China set a new August record of 99,790 units, an increase of 4.1 percent on an annual basis.

During the January-August period, GM and its joint ventures in China sold 1,837,546 vehicles, an increase of 11.2 percent year on year and a new record for the period. Shanghai GM’s sales in China grew 7.1 percent to 846,822 units. SAIC-GM-Wuling’s domestic sales grew 15.6 percent to 950,621 units. FAW-GM’s domestic sales decreased 1.0 percent to 36,668 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

# # #

DETROIT – General Motors Co. (NYSE: GM) today reported August sales of 240,520 vehicles in the United States, up 10 percent compared with a year ago. GM increased its sales to retail customers by 11 percent, making August its best retail month of the year. Sales to fleet customers were up 6 percent compared with a year ago. All four GM brands posted higher total and retail sales.

Thanks in part to extensive national advertising during the Olympic Games, Chevrolet passenger car sales were up 25 percent, with the Spark, Sonic, Cruze and Volt all posting their best-ever monthly sales. In addition, the Chevrolet Equinox set an August record behind its 22 percent year-over-year sales increase.

“The single message Chevrolet communicated this summer was ‘confidence’ and it rang true with customers when they saw how our product lineup is being transformed,” said Kurt McNeil, vice president of U.S. sales operations. “All four of our brands are building momentum behind new products so we’re very well positioned as the economy continues to slowly improve.”

Other sales highlights for August include an 11 percent year over year increase in Cadillac sales driven by strong demand for the SRX crossover, the Escalade and the new XTS large sedan. Buick sales increased 12 percent on the strength of the Verano, which has seen nine back-to-back monthly sales increases. Buick recorded its best retail sales since September 2007. GMC sales were up 4 percent, following a 35 percent reduction in fleet sales. GMC Acadia sales rose 26 percent in August and GMC Terrain sales were up 16 percent.

GM is in the midst of an aggressive rollout of new products in the United States. Some 70 percent of GM nameplates will be redesigned or all new over the course of 2012 and 2013, with the four-cylinder 2013 Chevrolet Malibu and the 2013 Cadillac ATS reaching the market now.

The redesigned Malibu arriving in dealerships will replace depleted stocks of 2012 models. The compact Cadillac ATS sport sedan is the brand’s second all-new sedan this year and it will compete in the highest volume luxury segment in the United States.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

• Thailand leads the way with YTD (year-to-date) growth of 112 percent
  
• Colorado remains the leader amongst non-Japanese pickup trucks
• Production and powertrain facility upgraded to increase capacity and meet increasing demand
  

• Chevrolet posts best “July performance” ever with 6,148 vehicles sold; 2nd highest monthly total in 2012
• J.D. Power Asia Pacific 2012 Thailand Customer Service Index (CSI) Study ranks Chevrolet 2nd among nine brands
• Chevrolet has positive Year-on-Year (YOY) market share growth in Southeast Asian (SEA) markets

SPRING HILL, Tenn. – General Motors literally started from the ground up in building its new $460 million engine plant where the Ecotec 2.5L engine that debuts in the 2013 Chevrolet Malibu will be assembled. It is the latest milestone in the plant’s 23-year history of 4-cylinder engine production.

GM and UAW employees on Wednesday demonstrated the flexible manufacturing that will enable high-quality production and quick changeovers from one engine product to another. There are about 10,000 items to track to ensure launch quality and timing. Some of those will be easier to see due to the upgrade to high-efficiency lighting that will help the plant save nearly $800,000 annually.

“This state-of-the-art engine plant builds on GM Spring Hill Manufacturing’s reputation for producing high-quality, fuel-efficient 4-cylinder engines,” said GM Manufacturing Manager Arvin Jones. That includes a new concrete floor that led to the recycling of some 250 million pounds of clean, crushed concrete from the old floor used to support area road construction projects.

GM expects to create or retain approximately 450 jobs within the new Spring Hill engine plant. Currently, 188 employees are working there. More hiring is expected as additional shifts are required to meet demand for the all-new Ecotec engines.

“The combination of fuel efficiency and power of the Ecotec 2.5L engine in the 2013 Malibu make this a great value for consumers,” Spring Hill Complex Manager Ken Knight said. “The Ecotec 2.5L direct injection engine is more fuel efficient than the previous 2.4L engine, has 16 percent more horsepower and the engine’s noise intensity has been reduced by 40 percent.”

Said UAW Local 1853 Chairman Mike Herron: “I am very proud of our entire Spring Hill Team for successfully launching the all-new Ecotec engine, which has great fuel efficiency and superior quality. Our hardworking and intelligent UAW workforce understands the importance of exceeding customer expectations, which has a positive, direct impact on the cost and quality of the products we produce here.”

GM also highlighted community activities during the event, including the awarding of $25,000 in grants to local charities by the General Motors Foundation: 

• James K. Polk Memorial Association
• Maury County Arts Guild
• Second Harvest Food Bank of Middle Tennessee
• Southern Automotive Women’s Forum
• Maury County Imagination Library
• Tennessee Environmental Council

In total, the GM Foundation will provide more than $1 million in funding to nearly 200 organizations in 43 plant cities where GM employees live and work. The goal is to build stronger communities. 

“The communities that our employees and their families call home are important to the General Motors Foundation,” said GM Foundation President Vivian Pickard. “The grants that we provide benefit education, community centers, cultural organizations and many other important areas of focus that strengthen and improve these communities.”

About General Motors

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

About the GM Foundation

Since its inception in 1976, the GM Foundation has donated hundreds of millions of dollars to deserving American charities, educational organizations and to disaster relief efforts worldwide. The GM Foundation focuses on supporting education, health and human services, environment and energy and community development initiatives, mainly in communities where GM operates. Funding of the GM Foundation comes solely from GM. The last contribution to the GM Foundation was made in 2001. For more information, visit www.gm.com/gmfoundation.

Shanghai – General Motors and its joint ventures sold a July record 199,503 vehicles in China, a 15.1 percent increase from last year’s previous high for the month.

Shanghai GM’s sales in China rose 5.7 percent on an annual basis to a July record 97,064 units. SAIC-GM-Wuling’s sales reached 98,694 units, an all-time high for July and an increase of 26.6 percent year on year. FAW-GM’s sales were up 3.1 percent to 3,379 units.

Buick sales grew 4.8 percent year on year to a new July high of 52,691 units. Sales of the original Excelle family increased 18.2 percent to 21,727 units, followed by sales of the Excelle XT and GT, which increased 27.6 percent to 13,112 units. Both were records for the month.

Chevrolet sales in China dropped 2.8 percent year on year to 44,864 units. However, sales of the New Sail rose 30.1 percent on an annual basis to a July record 16,464 units, while Cruze sales increased 5.5 percent to 17,268 units, which was also a record for July.

Cadillac sales in July totaled 2,017 units, led by sales of the SRX luxury utility vehicle of 1,508 units.

Wuling sales in China were up 32.7 percent on an annual basis to a July record 94,178 units. The Baojun 630 sedan had sales of 2,008 units in its first July in the market.

For the first seven months of 2012, sales by GM and its joint ventures in China were up 11.7 percent on an annual basis to 1,616,550 units, surpassing last year’s previous record for the period. Shanghai GM’s domestic sales grew 6.5 percent to 736,613 units. SAIC-GM-Wuling had domestic sales growth of 17.4 percent to 844,121 units. FAW-GM’s domestic sales were down 2.9 percent to 32,551 units.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

# # #

DETROIT – General Motors Co. (NYSE: GM) today announced second quarter net income attributable to common stockholders of $1.5 billion, or $0.90 per fully diluted share. In the second quarter a year ago, GM’s net income attributable to common stockholders was $2.5 billion, or $1.54 per fully diluted share.

Net revenue in the second quarter of 2012 was $37.6 billion, compared with $39.4 billion in the second quarter of 2011. The decrease was due almost entirely to the strengthening of the U.S. dollar versus other major currencies. Earnings before interest and tax (EBIT) adjusted was $2.1 billion, compared with $3.0 billion in the second quarter of 2011. Total restructuring expense included in EBIT-adjusted for the second quarter of 2012 was $0.1 billion.

“Our results in North America, our International Operations and at GM Financial were solid but we clearly have more work to do to offset the headwinds we face, especially in regions like Europe and South America,” said GM chairman and CEO Dan Akerson. “Despite the challenging environment, GM has now achieved 10 consecutive quarters of profitability, which is a milestone the company has not achieved in more than a decade.”

GM Results Overview (in billions except for per share amounts)

Segment Results

• GM North America (GMNA) reported EBIT-adjusted of $2.0 billion, compared with $2.2 billion in the second quarter of 2011.
• GM Europe (GME) reported an EBIT-adjusted loss of $0.4 billion, compared with EBIT-adjusted of $0.1 billion in second quarter of 2011.
• GM International Operations (GMIO) reported EBIT-adjusted of $0.6 billion, equal to the second quarter of 2011.
• GM South America (GMSA) reported breakeven results on an EBIT-adjusted basis, compared with EBIT-adjusted of $0.1 billion in the second quarter of 2011. The second quarter 2012 results include $0.1 billion in restructuring expenses.
• GM Financial earnings before tax was $0.2 billion for the quarter, compared with $0.1 billion a year ago.
• In the Corporate segment, GM reported EBIT-adjusted of $(0.2) billion, of which $(0.1) billion was attributable to a non-cash foreign exchange loss.

Cash Flow and Liquidity

For the quarter, automotive cash flow from operating activities was $3.8 billion and automotive free cash flow was $1.7 billion. GM ended the quarter with very strong total automotive liquidity of $38.5 billion. Automotive cash and marketable securities was $32.6 billion, compared with $31.5 billion at the end of the first quarter of 2012.

At the end of the first quarter, GM indicated that GMNA’s results for the second and third quarters of 2012 were expected to be comparable to the first quarter. Second quarter GMNA results were stronger in part due to timing of spending that was deferred to the third quarter. GM continues to expect that the average of its second and third quarter EBIT-adjusted in GMNA will be comparable to first quarter results.

“We’re executing an aggressive product plan around the world, and at the same time we are working systematically to simplify the business and truly leverage our scale to grow our margins,” said Dan Ammann, senior vice president and CFO.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; the overall strength and stability of our markets, particularly Europe; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Co. (NYSE: GM) today reported July U.S. sales of 201,237 vehicles, down 6 percent compared with a year ago.  Sales to retail customers declined 3 percent.  Sales to rental fleet customers declined 41 percent, in line with the company’s previous guidance.

In July, Cadillac sales were up 21 percent thanks to strong across-the-board results for the CTS, Escalade, SRX and the all-new XTS.

“Cadillac hit a home run and our newest Chevrolets and Buicks are performing very well,” said Kurt McNeil, vice president, U.S. Sales Operations.  “Signs of a housing recovery and good news on consumer confidence and household income should help keep the light vehicle selling rate in the 14-million range and drive seasonally higher truck sales as we move toward fall.”

All of GM newest vehicles performed well in July.  Buick Verano sales were 4,235 units and have increased each month since the car launched in December 2011.  Chevrolet Sonic sales were 6,278 units and it has been the retail sales leader in its segment since April 2012.  In addition, Chevrolet Spark deliveries were 1,460 in its first month on sale.

GM’s combined retail sales of mini- , small, and compact cars were up 41 percent year over year. Retail passenger car sales in total were up 3 percent, retail crossover sales were up 2 percent and retail truck sales were down 12 percent.

Two all-new vehicles – the 2013 Chevrolet Malibu four-cylinder and Cadillac ATS – are now in production.  Vehicles launching later this year include the Buick Verano Turbo, Buick Enclave, Chevrolet Malibu Turbo, Chevrolet Traverse and GMC Acadia.

GM said last month that sales to rental customers would be down sharply in July because planned deliveries occurred earlier in the year compared with 2011.  GM’s commercial fleet sales were up 41 percent, the 28^th consecutive monthly increase.  Strong police vehicle deliveries to state and local agencies helped drive a 115 percent increase in government sales. Total fleet sales were down 15 percent.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors said today that Global Chief Marketing Officer Joel Ewanick has elected to resign effective immediately. 

Ewanick, 52, joined GM in May 2010 in charge of marketing for the company’s North America unit. He was named global chief marketing officer in December 2010. 

Prior to joining GM, Ewanick was vice president of marketing and chief marketing officer for Nissan North America. Before joining Nissan, he served as vice president of marketing for Hyundai Motor America.

Alan Batey, vice president, U.S. Sales and Service, will assume the role of global chief marketing officer on an interim basis.   

###

• Removes layer of management and reduces complexity
• Accelerates decision making to drive greater efficiency

Rüsselsheim.  Opel today said it will add two new management board members, effective September 1.

Michael Lohscheller (43) will be named as the new Management Board member in charge of Finance as well as Opel/Vauxhall CFO and Vice President, Finance, effective September 1. Lohscheller is currently Executive Vice President and CFO at Volkswagen Group of America where over the last four years he has led a successful turnaround driving significant growth and profit improvement. The German native has more than 20 years of experience in senior Finance positions at companies such as Daimler, Mitsubishi Motor Europe and Volkswagen. In his current position at VW, Michael Lohscheller has broad business responsibilities for Finance, IT, Purchasing and Logistics. Lohscheller succeeds Mark N. James (50) whose professional future will be announced later.

The second new Opel board member is Michael Ableson (50), who will be named the new Management Board member in charge of Engineering starting September, 1. In this context, Ableson will also be named GM Europe Vice President, Engineering, effective immediately. Currently, Ableson is Global Vehicle Line Executive for Compact Cars, based in Russelsheim, Germany. Ableson’s responsibilities have included global engineering of compact vehicles such as the Opel/Vauxhall Astra and GTC. Ableson has been with GM for more than 25 years and had led Global Advanced Vehicle Development prior to his appointment as Vehicle Line Executive. Michael Ableson succeeds Rita Forst (57) who will resign from the management board.

“I’m thanking both Rita and Mark for the hard work”, said Steve Girsky, GM Vice Chairman and Chairman of the Opel Supervisory Board. “I’m also looking forward having both, Michael Lohscheller and Mike Ableson on board. They will help accelerate the company’s revitalization plan”.

Both new appointments are subject to the approval of the Opel Supervisory Board at its next meeting.

Rüsselsheim. Today, the Opel Supervisory Board has named Dr. Thomas Sedran (47) Deputy Chairman of the Management Board of Adam Opel AG. He will act as chairman until a permanent chairman is in place. He assumes this responsibility in addition to his role as Board Member in charge of Operations, Business Development & Corporate Strategies which he holds since April.

"We will continue to implement our business plan as it was outlined and work to improve it. We will further reduce bureaucracy and continue to challenge the corporate culture," said Opel's Supervisory Board Chairman and GM-Europe President Steve Girsky.

Deputy Supervisory Board Chairman and Head of the Opel Works Council Dr. Wolfgang Schäfer-Klug: "The new team around Steve Girsky stands for a change that Opel/Vauxhall urgently needs: leaner management structures, transparency, accountability and enforcement capability. This will put Opel back on a growth path.”

DETROIT/SHANGHAI – General Motors today announced a realignment of its manufacturing organization to optimize the company’s global manufacturing footprint and to drive greater efficiencies and cost savings.

Tim Lee will become GM vice president, Global Manufacturing, effective immediately.  Lee will also retain his position as president, GM International Operations, overseeing regional markets which account for 40 percent of GM’s global sales volume and include China, Russia and South Korea.  Lee will continue reporting to GM Chairman and CEO Dan Akerson.

The move underscores the reality of GM’s manufacturing footprint and regional operations around the world.  GM and its partners currently build vehicles in 30 countries for more than 100 global markets.  Seventy percent of GM products are built outside of the United States in accordance with the company’s longstanding philosophy of building where it sells.

“Leading a portfolio that includes more than 60 plants in 15 countries gives Tim a terrific vantage point for this job,” said Akerson.  “His extensive manufacturing experience coupled with this alignment will help deliver great, quality vehicles that keep pace with GM’s global growth.”

Lee will have responsibility for GM’s manufacturing operations globally, supervising the regional manufacturing leaders who will report to him, while collaborating with the leadership of the company’s regions in North America, South America and Europe. In his new role, Lee will also be responsible for global manufacturing engineering, labor relations, safety and manufacturing strategy and planning.

With Lee’s appointment, Diana Tremblay transitions to North America vice president, Manufacturing, also effective immediately. She will report to Lee. 

“Our realignment now allows Diana to focus her considerable talents and experience exclusively on North America – our single greatest manufacturing region,” said Akerson.  “Diana’s work toward greater North American manufacturing flexibility has helped drive GM’s recent progress of renewed plant investments and job creation.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

RUSSELSHEIM, Germany – General Motors Europe President and Opel/Vauxhall CEO Karl-Friedrich Stracke today stepped down from his position to take on special assignments reporting to GM Chairman and CEO Dan Akerson. GM Vice Chairman Steve Girsky, currently Chairman of the Opel Supervisory Board, will serve as acting head of GM’s European operations as the company searches for a replacement.

Stracke, 56, was President, GM Europe and Chairman of the Management Board of Adam Opel, in charge of all Opel/Vauxhall operations. He led the effort to put Opel/Vauxhall on a path toward sustained profitability amid a massive European economic downturn.

The Opel Supervisory Board will be convened soon to appoint an interim chairman of the management board.

“Karl Stracke worked tirelessly, under great pressure, to stabilize this business and we look forward to building on his success. We appreciate Karl’s many contributions to GM’s success,” Akerson said. 

“I am leaving my current position knowing that Opel/Vauxhall has a bright future,” Stracke said. “And I am looking forward to taking on new challenges for GM and Dan Akerson.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Shanghai – General Motors and its joint ventures set new records for first half and June sales in China.

• GM’s sales in China in the first half of 2012 rose 11.3 percent from last year’s previous record for the period to 1,417,047 units.

• GM’s domestic sales in June likewise topped last year’s all-time high for the month, rising 10.1 percent year on year to 213,495 units.

“Despite signs of slowing economic growth in China, demand for GM products rose in all key segments in the first half of the year,” said Kevin Wale, President and Managing Director of the GM China Group. “We expect sales growth to remain steady in the second half, driven by demand in China’s interior provinces.”

Record First Half Sales

GM benefited from record domestic sales by its Shanghai GM and SAIC-GM-Wuling joint ventures as well as record demand for its major brands in the first six months of 2012. Shanghai GM’s sales were up 6.6 percent on an annual basis to 639,549 vehicles. SAIC-GM-Wuling sold 745,427 vehicles, an increase of 16.2 percent. FAW-GM’s sales were down 3.5 percent to 29,172 vehicles.

Buick sales in China increased 5.7 percent compared to the first half of 2011 to 343,279 units, led by record demand for the Excelle and Excelle XT and GT. Chevrolet sales rose 1.8 percent to 302,280 units, with demand for the Cruze and New Sail both topping 100,000 units. Cadillac sales were up 3.8 percent to 14,616 units, as sales of the SRX surpassed 11,000 units.

In addition, sales of the Wuling brand in China increased 13.6 percent year on year to 686,720 units, driven by demand for the Sunshine minivan totaling 282,341 units. Sales of the Baojun passenger vehicle brand were 37,081 units in its first half on the market.

Record June Sales

Shanghai GM’s domestic sales in June rose 7.5 percent on an annual basis to a record for the month of 109,127 units. SAIC-GM-Wuling’s sales were up 14.1 percent to a June record 100,407 units. June sales of FAW-GM were down 3.4 percent to 3,357 units.

Buick’s domestic sales rose 5.3 percent on an annual basis to a June record 56,995 units, led by the popular Excelle, which topped sales of 24,000 units for the month, and the Excelle XT and GT, which generated sales growth of 59.1 percent to 15,228 units. Chevrolet sales were up 0.6 percent to an all-time June high of 51,640 units, as Cruze sales rose 24.8 percent to 21,076 units and sales of the New Sail were up 66.2 percent to 18,257 units. Cadillac sales decreased 7.9 percent to 2,507 units.

Wuling sales in China totaled 94,377 units in June, an increase of 16.0 percent year on year and an all-time high for the month.

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

DETROIT – General Motors Co. (NYSE: GM) today reported June sales of 248,750 vehicles in the United States, up 16 percent year over year and the company’s highest sales since September 2008. Chevrolet, Buick, GMC and Cadillac all reported double-digit increases.

“Across the board, June was a strong month for GM,” said Kurt McNeil, vice president, U.S. Sales Operations. “The combination of new products, available credit, lower fuel prices and modest economic growth was a stronger influence on consumer behavior than economic and political uncertainty."

For the month, GM passenger car sales were up 12 percent year over year, thanks to a 32 percent increase in Chevrolet Malibu sales and a 21 percent increase in Buick LaCrosse sales.

Combined sales of all seven Chevrolet, Buick, GMC and Cadillac crossovers were up 30 percent versus a year ago.

Truck sales were up 11 percent, with all pickup, van and SUV segments up year over year.

Retail deliveries were up 8 percent year over year. Fleet deliveries were up 36 percent versus a year ago due in part to the timing of customer deliveries. In July, fleet volumes and mix are expected be down month over month and year over year.

GM’s newest vehicles continue to perform well. Sales of the Buick Verano were 4,091 in June, and have increased each month since the car launched in December 2011. Chevrolet Sonic sales were 6,785 units and it is the retail sales leader in its segment. The new Cadillac XTS began arriving in showrooms in June, and dealers delivered more than 750 vehicles. Over the course of 2012 and 2013, 70 percent of GM’s nameplates will be all-new or redesigned.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors today announced plans to add a third shift at Arlington Assembly, generating an estimated 800 jobs for the plant that makes the award-winning Chevrolet Tahoe and Suburban, GMC Yukon and Cadillac Escalade.

The shift is expected to start in the first quarter of 2013 with additional staffing beginning in the fourth quarter of 2012.

Arlington Assembly currently employs approximately 2,500 hourly and salaried employees and operates two production shifts. In 2011, the plant produced nearly 270,000 vehicles. Demand for full-size SUVs remains stable.

The third shift will enable Arlington Assembly to meet market demand for the current generation of full-size SUVs and provide relief for employees who have worked extensive overtime since the fourth quarter of 2009. The installation of new tooling and equipment required to build GM’s new line of SUVs will limit vehicle production in 2013. A third shift will provide the plant needed production capacity during this transition time.

“Based on economic uncertainty and gas price volatility, we took a prudent approach by relying extensively on overtime over the past few years,” said Larry Zahner, manufacturing manager for GM North America. “We see this segment stabilizing enough to add a third shift, reducing the cost and personal demand of overtime and providing us flexibility for possible increased demand as we introduce new trucks.”

Arlington’s third shift addition is the latest of a long list of job-creating actions by GM. Since July 10, 2009, GM has announced U.S. facility investments of more than $7.1 billion and more than 18,600 created or retained jobs. GM Arlington has contributed to these numbers through investment totals of $531 million and more than 1,000 created or retained jobs, all announced within the past 13 months.

"The members of Local 276 have risen to the task time and time again.  Be it delivering best in class quality or working maximum overtime, they delivered,” said Joe Ashton, vice president of the UAW representing the GM Department. “Due to their efforts, a third shift will be added providing jobs for the Arlington community.  Congratulations to the Arlington team for a job well done."

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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BUFFALO, N.Y. – A $425 million investment by General Motors in its Tonawanda Engine plant bore its first fruits Friday: the latest technology that will go into the next generation Ecotec 4-cylinder engines that will power the 2013 Chevrolet Malibu and 2013 Cadillac ATS.

GM and UAW employees showed off flexible manufacturing that will support high-quality production of the 2.5L and 2.0L turbo and enable quick changeovers from one engine product to another. There are about 10,000 items to track to ensure launch quality and timing. 

“The men and women of Tonawanda have always focused on safety, quality, and cost,” said GM Manufacturing Manager Jim Glynn.  “Although competitive reasons keep me from revealing actual dollar figures, I am happy to report that Tonawanda Engine has the best engine warranty in all of General Motors.” 

In a plant ceremony marking the start of production, UAW Local 774 Shop Chairman Bob Coleman said, “I am very proud of the UAW members who have built our reputation for producing quality engines.  Most of all, I’d like to thank our customers for buying our products. We’re not going to let them down.”

Tonawanda Engine Plant Manager Steve Finch said the goal for the next-generation engines is to delight customers. From 650 employees a year ago with 130 on permanent layoff, Tonawanda has brought back all laid-off workers and added 54 additional jobs, 21 from GM Components Holdings plants and 33 new-hires. More hiring is expected at Tonawanda with the addition of shifts for the Ecotec engines and the upcoming launch of the GEN V V8 engine line in Plant 1.

“This plant today is focused on producing quality engines; we’re placing all of our energies on the future,” Finch said. 

As part of Friday’s activities, the General Motors Foundation awarded $50,000 in grants to these local charities: 

United Way of Buffalo and Erie County - $20,000
American Cancer Society - $20,000
Boys and Girls Club of Western New York - $5,000
American Heart Association - $5,000

In total, the GM Foundation will provide more than $1 million in funding to nearly 200 organizations in 43 plant cities where GM employees live and work. The goal is to build stronger communities. 

“The communities that our employees and their families call home are important to the General Motors Foundation,” said GM Foundation President Vivian Pickard. “The grants that we provide benefit education, community centers, cultural organizations and many other important areas that strengthen and improve these communities.”

About Tonawanda Engine

Tonawanda currently produces the Inline 4 (4-cyl.) – 2.9L and Inline 5 (5-cyl.) – 3.7L engines found in the Chevrolet Colorado and GMC Canyon pickups and the Ecotec 2.4L (4-cyl.) engines found in the Chevrolet Malibu and for China and Korea applications. In February 2010 the plant was awarded a $425 million investment for the Ecotec 2.0L/2.5L (4-cyl.) engine that will be used in the next generation Chevrolet Malibu and the Cadillac ATS, and a $400 million investment awarded in April 2010 to build an all-new V8 engine for pickup trucks.

About General Motors Co.

General Motors (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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DETROIT – Each of General Motors’ four U.S. brands earned a  segment award in the 2012 J.D. Power and Associates Initial Quality Study^SM, helping GM to its best-ever company score compared to the industry average in the 26-year history of the widely watched third-party quality measure.

GM has nine vehicles either receiving a segment award or placing in the top three of their respective segments.  As a company, GM outscored the industry average.

For the first time, GM occupies the top three spots in the highly competitive Large Pickup Segment with the GMC Sierra LD, and Chevrolet Silverado HD and Avalanche, finishing one-two-three respectively.

"Our biggest motivation is the recognition of quality from people who buy our cars and trucks," said Alicia Boler-Davis, vice president Global Quality and U.S. vice president of Customer Experience. "We are listening to them and know we have more work to do to improve across our entire vehicle portfolio to provide the best overall ownership experience."

Brand Highlights

Chevrolet

• Malibu ranked highest in Midsize Car Segment
• Silverado HD ranked second and Avalanche ranked third in Large Pickup Segment respectively
• Tahoe is third in Large Crossover/SUV Segment

Cadillac

• Escalade ranked highest in Large Premium Crossover/SUV for the third year in a row
• SRX jumps seven spots to rank third in Midsize Premium Crossover/SUV
• Cadillac brand ranked 4^th overall, improving five positions

GMC

• Sierra LD ranked highest in Large Pickup Segment
• All GMC rank-eligible models improved their individual scores
• Yukon ranked second in Large Crossover/SUV segment

Buick

• Enclave ranked highest in Midsize Crossover/SUV improving 10 places in its segment

The 2012 IQS is based on responses from more than 74,000 purchasers and lessees of new 2012 model year vehicles surveyed at 90 days of ownership. The study includes a 228-question survey designed to provide manufacturers with information they can use to quickly identify problems and drive improvement.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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• Working with IG Metall and works councils to build sustainable business
• Management, IG Metall and relevant works councils actively negotiating on no compulsory separations until end of 2016 and delaying implementation of the 2012 tariff round (wage increase)
• Bochum will continue producing the Zafira until the end of the lifecycle. Agreement reached to enter into discussions on the future of the site
• Clear commitment to Germany and its plants
• Plan to fully utilize remaining European facilities on a 3-shift basis, including possible manufacturing of non-Opel vehicles

DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock.  The dividend is payable Sept. 4, 2012 to Series B holders of record as of Aug. 15, 2012. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.    

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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Shanghai – General Motors and its joint ventures sold a May record 231,183 vehicles in China. Demand was up 21.3 percent from the same month in 2011 and 1.7 percent from April of this year.

Shanghai GM’s domestic sales rose 7.1 percent from May 2011 to 99,113 units. SAIC-GM-Wuling sold 127,749 vehicles in China, an increase of 35.9 percent year on year. FAW-GM sold 3,756 vehicles in the domestic market last month, down 0.7 percent from last May.

Buick sales totaled 51,360 units in May, down 1.2 percent from the same month last year. Sales of its original Excelle family grew 19.0 percent year on year to 23,085 units. Sales of the Excelle XT and GT were also strong, totaling 11,985 units.

Chevrolet sales in China were up 13.1 percent on an annual basis to a May record 48,563 units. Sales of its most popular model, the Cruze, rose 34.0 percent to 18,977 units. It was followed by the New Sail, which totaled sales growth of 86.8 percent to 18,773 units.

Cadillac sales were down 2.2 percent on an annual basis to 2,205 units. Leading the way for GM’s luxury brand was the SRX, which had sales of 1,754 units in May.

Wuling sales in China jumped 34.0 percent year on year to a May record 119,721 units. Demand rose for its entire minivan lineup. The Baojun brand had sales of 5,013 units in its first May in the market.

For the first five months of 2012 as a whole, GM and its joint ventures sold a record 1,203,552 vehicles in China, an increase of 11.5 percent year on year. Shanghai GM’s sales in China rose 6.4 percent to 530,422 units, SAIC-GM-Wuling’s domestic sales grew 16.6 percent to 645,020 units and FAW-GM sold 25,815 vehicles in China, off by 3.5 percent.

“Our Shanghai GM and Pan Asia Technical Automotive Center (PATAC) joint ventures are marking their 15th anniversaries in June,” said Kevin Wale, President and Managing Director of the GM China Group. “As we celebrate these important milestones, GM is looking forward to building on our success through continued growth in our largest market.”

General Motors traces its roots back to 1908. GM has 12 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

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Media Contacts:

• Expected $26 billion reduction in U.S. pension obligation
• 118,000 salaried retirees overall impacted; 42,000 offered lump-sum payment
• No change to active employee benefits

DETROIT – General Motors Co. (NYSE: GM) today reported May sales of 245,256 vehicles in the United States, up 11 percent year over year and the highest monthly total since August 2009 when dealers delivered 246,479 units.  GM retail sales were up 14 percent year-over-year and the retail mix was 70 percent.  Fleet sales increased 3 percent.  Buick and GMC both reported sales increases of 19 percent and Chevrolet was up 10 percent.

Sales of GM small and compact cars were up 16 percent in May versus a year ago, driven by the new Chevrolet Sonic, which had sales of 7,205 units, and the new Buick Verano, with 3,609 sales, which has increased sales every month since launch.  

Combined sales of all seven Chevrolet, Buick, GMC and Cadillac crossovers were up 14 percent versus a year ago.  The Chevrolet Equinox and GMC Terrain continue to stand out, with sales up 15 percent and 20 percent, respectively. 

Full-size pickup sales were up 23 percent year over year, mid-size pickup sales were up 34 percent and full-size SUVs were up 14 percent.

“GM’s sales in May were the highest in almost three years and we are poised to keep delivering good news for the U.S. economy with one of the most aggressive new product offenses in our history,” said Don Johnson, vice president, U.S. Sales Operations.  “About 70 percent of our nameplates will be new or freshened over the course of 2012 and 2013 and that positions us very well as the industry and GM start to approach pre-recession sales levels.”

This summer, Chevrolet will launch the new 2013 Chevrolet Malibu four-cylinder and the Chevrolet Spark, while Cadillac will launch the XTS large luxury sedan and ATS compact luxury sedan. 

The Cadillac XTS went into production in May and cars are expected to begin arriving in showrooms in June.  The XTS and ATS will complement the Cadillac CTS sedan and coupe, the SRX crossover and the Escalade sport utility vehicle.  Cadillac’s total sales reflect a planned 82 percent decrease in fleet sales. 

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

• Terry Woychowski to retire after 32 years
• Alicia Boler-Davis to lead both Quality and Customer Experience

DETROIT – In preparation for numerous product launches in the coming months, General Motors North America President Mark Reuss today announced the following changes for U.S. sales executives:

• Alan Batey, 49, is appointed to the newly created position of GM vice president, U.S. Sales and Service.  He will report to Reuss.
• Don Johnson, 55, currently U.S. vice president, Sales Operations is named U.S. vice president, Chevrolet Sales and Service, replacing Batey.   
• Kurt McNeil, 48, replaces Johnson as U.S. vice president, Sales Operations.  He had been U.S. vice president, Cadillac Sales and Service, since 2010.
• Chase Hawkins, 43, regional director, Cadillac Sales and Service Northeast Region is promoted to the position of U.S. vice president, Cadillac Sales and Service replacing McNeil.
• Ed Peper, 50, currently general manager, Fleet and Commercial Operations, is named U.S. vice president, Fleet and Commercial Sales.

Johnson, McNeil, Hawkins and Peper will all report to Batey, as will Brian Sweeney, who remains U.S. vice president, Buick and GMC Sales and Service.  The moves are effective   June 1.

“GM is playing offense with an aggressive rollout of new cars, trucks and crossovers,” Reuss said.  “Strengthening our U.S. sales team will help take full advantage of these growth opportunities and continue delivering solid improvements in customer satisfaction, dealer profitability and resale value.”

By the end of 2012, GM will have all-new or freshened cars and crossovers in segments that represent 60 percent of the U.S. light vehicle market, and all four of GM’s brands in the United States are poised for growth.  By the end of 2013, 70 percent of GM’s North American portfolio will be new or freshened vehicles compared with 2011.

Chevrolet will have transformed its passenger car, crossover and truck line up with new vehicles like the Sonic, Spark and Impala.  Buick, with the Verano and Encore, and Cadillac with the XTS and ATS, are entering segments where they don’t compete today.  And GMC will have one of the newest vehicle portfolios in the industry.

Batey began his career with General Motors in 1979 as a mechanical engineering apprentice for Vauxhall in the United Kingdom.  He has held senior management positions in the U.K., Korea, Germany, The Netherlands, Switzerland, Australia and the United Arab Emirates.  Prior to joining Chevrolet in 2010, Batey served as Chairman and Managing Director, GM Holden Ltd. Operations in Australia and New Zealand.

“As aggressively as we’re investing in new products, our dealers are likewise investing heavily in remodeled and new facilities,” said Batey.  “We’re confident that this combination will make our customers’ dealership experience the best in the industry.”

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

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DETROIT – Chevrolet today announced the return of a V-8 powered, rear-wheel-drive performance sedan to the U.S. lineup, the Chevrolet SS.  The SS will also be Chevrolet’s next NASCAR Sprint Cup racecar and will debut in its race configuration at the 2013 Daytona 500.

The limited production version of the Chevrolet SS will be a 2014 model and will arrive in dealer showrooms in late 2013. It is the first time in 17 years that Chevrolet will offer a rear-wheel-drive sedan for sale in the United States.

Chevrolet has a long history of using the SS (Super Sport) designation on high-performance models of some of its most enduring nameplates. The SS designation first appeared in 1957 on a Corvette prototype race car built under the guidance of Zora Arkus-Duntov with the plan to enter it in the Le Mans 24-hour race.

The first production vehicle offered with an SS option was the 1961 Impala – 453 were built with the performance upgrades which included a modified chassis and suspension, power brakes, a steering column mounted tachometer and unique wheels and tires. The latest SS model in the Chevrolet lineup is the fifth-generation Camaro, which debuted in 2010.

The Chevrolet SS will be a derivative of the award-winning global rear-wheel-drive architecture that spawns performance vehicles like Chevrolet Camaro and Holden’s upcoming VF Commodore.  The much anticipated Australian-built car will benefit from significant technology advances which enhance overall performance.

“As a passionate race fan and performance enthusiast, I am thrilled that Chevrolet will deliver a true rear-wheel-drive NASCAR racecar in the SS that is closely linked to the performance sedan that will be available for sale,” said Mark Reuss, president of GM North America.  “The Chevrolet SS is a great example of how GM is able to leverage its global product portfolio to deliver a unique performance experience that extends beyond the track. I am personally looking forward to driving it.”

Chevrolet was America’s best-selling performance car brand in 2011 with Camaro and Corvette accounting for one out of every three sports cars sold in the United States.  The addition of the SS should strengthen Chevrolet’s position as a leading performance brand.

Founded in 1911 in Detroit, Chevrolet is now one of the world's largest car brands, doing business in more than 140 countries and selling more than 4 million cars and trucks a year. Chevrolet provides customers with fuel-efficient vehicles that feature spirited performance, expressive design and high quality. More information on Chevrolet models can be found at www.chevrolet.com.

• Assembly planned in Ellesmere Port (UK) and Gliwice (Poland)
• Labor agreements secure future of both plants
• Intent to invest €300 million to ready facilities
• Approximately 700 jobs to be created in Ellesmere Port
  

Editor's Note:

Adds Canada as launch market in second paragraph

Rüsselsheim. During today’s extraordinary all-employee meeting, Opel/Vauxhall CEO Karl-Friedrich Stracke, provided a rough outline of a plan for returning Opel/Vauxhall to profitability as quickly as possible. Following are the plan’s 10 key cornerstones:

1. Model Initiative: Opel/Vauxhall will have invested about €11 billion in a comprehensive new model campaign through 2014. This year alone, the company introduces six new models. "We're following a clear growth strategy and are pushing into new segments where we have not yet been represented," Stracke said, referring to the subcompact SUV Mokka, a new Astra version, a completely new convertible and the Adam, Opel/Vauxhall's stylish new urban vehicle. The Adam will be built at the Eisenach plant, making it the only model in that segment built in Germany.
   
2. Powertrain Initiative: Opel/Vauxhall will introduce three new engine generations in the next 18 months. This highlights the high pace of Opel/Vauxhall's product offensive.
   
3. Environment Initiative: Opel/Vauxhall wants to expand its position as the leading manufacturer of alternative propulsions. "We're very proud that Opel/Vauxhall is quite a bit ahead of our competition with products such as the electric Ampera," said Stracke.
   
4. Export Initiative: Opel wants to enter new markets – including Australia, North Africa, South America and the Middle East. "We've already successfully introduced Opel to the market in Israel and we'll expand our activities in China, Russia and Turkey," Stracke said. The Opel/Vauxhall CEO made it clear that exports to regions outside Europe, however, won't be enough to operate the European factories at full capacity. "We have to do our homework here in Europe."
   
5. Quality and Customer Satisfaction Initiative: Opel/Vauxhall has launched a number of initiatives that should make the company one of the industry leaders in quality – both in products and customer service.
   
6. New Brand Strategy: Opel/Vauxhall is working on a new, clear brand strategy that is geared toward both traditional and attainable potential customers.
   
7. Increasing profit margin per vehicle: Opel/Vauxhall has launched several initiatives to increase its contribution margins. This, in particular, includes a thorough review of the material costs. Opel/Vauxhall also wants to reduce the manufacturing complexity of its cars.
   
8. New Alliances: Opel/Vauxhall is open to beneficial partnerships such as the one that GM recently made with PSA Peugeot Citroen: "At the moment we're at a stage where we're studying several specific projects with PSA in detail," said Stracke. The Opel/Vauxhall CEO emphasized that the alliance is balanced in nature. "If we decide to move an Opel/Vauxhall development project to PSA, then we'll balance it by bringing a PSA project to Rüsselsheim." Stracke repeated that no jobs will be lost in the International Technical Development Center in Rüsselsheim because of the alliance – in fact, the alliance strengthens the development center's future.
   
9. Production Strategy: Opel/Vauxhall is upgrading its manufacturing plants. "The clear goal here is to run each of the plants on three shifts," said Stracke. The first example of that will be seen in conjunction with the allocation of the next Astra generation. "Given the forecasted market volumes, it would not be viable to produce in more than two plants. If we run these two plants with three shifts, the production costs for the next Astra generation will be significantly below the costs of building the current Astra. Right now we're operating three plants with just two shifts." Opel/Vauxhall is planning on investing more than €300 million in the two future Astra plants.
   
10. Studying Production of Chevrolet Models in Europe: "We're in discussions with management in Detroit and Shanghai to study whether or not there is merit in building Chevrolet vehicles in Europe to improve capacity usage," explained Stracke.
    
    The Opel/Vauxhall CEO emphasized that the full growth plan will be presented to the Opel Supervisory Board in June: "It is not a cost-cutting plan at all. It is much rather a comprehensive plan to quickly improve profitability, irrespective of if and how much the market is going to pick up steam. The plan will allow us to significantly increase our margins, market share and sales."

The company’s home plant in Rüsselsheim plays a key role in the forward-looking strategy. "It is our most modern factory, has an outstanding workforce and produces exceptional quality. I want to run this plant on full capacity. But Rüsselsheim also has to remain competitive, and so we have to increase flexibility and significantly reduce our costs per vehicle," Stracke said.

Stracke reiterated with the employees that Opel will stick to existing agreements, such as the existing labor agreement through 2014. "And the quicker we become profitable, the quicker we'll share it with you."

SHANGHAI – General Motors and its joint ventures in China set a domestic sales record for April of 227,217 vehicles. Demand was up 11.7 percent from the same month in 2011.

Its strong performance in April took GM’s sales for the first four months of the year to 972,369 units, an increase of 9.4 percent on an annual basis.

“GM and our joint ventures today sold our 1 millionth vehicle in China this year,” said Kevin Wale, president and managing director of the GM China Group. “This is the sixth time and the earliest in our history that we have reached this important milestone in China. It has put us on track to once again set a new sales mark for the year as a whole.”

In April, Shanghai GM’s domestic sales were down 2.2 percent year on year to 94,101 units. SAIC-GM-Wuling’s sales in China were up 27.0 percent on an annual basis to an April record 127,362 units. FAW-GM’s sales in the domestic market totaled 5,141 units.

Buick sales reached 54,013 units, an all-time high for April and an increase of 1.7 percent year on year. The original Excelle family had sales of 23,179 units, up 29.2 percent on an annual basis, while sales of the Excelle XT and GT increased 18.3 percent to 11,981 units.

Chevrolet sales in China decreased 6.2 percent on an annual basis in April to 41,555 units. Sales of the New Sail jumped 48.0 percent on an annual basis to 16,305 units. Cruze sales increased 7.6 percent from the same month in 2011 to 15,914 units.

Cadillac sales came in at 2,048 units in April. Sales of the SRX luxury utility vehicle once again topped 1,500 units.

Wuling sales in China were up 22.0 percent on an annual basis to 117,829 units, an April record. The Baojun 630 sedan had sales of 6,018 units in its first April in the market.

In the first four months of 2012, Shanghai GM had domestic sales growth of 6.2 percent to 431,309 units, SAIC-GM-Wuling generated domestic sales growth of 12.6 percent to 517,271 units and FAW-GM sold 22,059 vehicles locally.

General Motors traces its roots back to 1908. GM has 11 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

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• EBIT-adjusted of $2.2 billion
• Net income of $0.60 per share after net loss from special items of $0.33 per share
  

DETROIT – General Motors Co. (NYSE: GM) today reported April sales of 213,387 vehicles in the United States.  Retail sales were essentially equal to April 2011.  GM’s fleet sales declined 25 percent due to the timing of rental customer deliveries, as previously indicated. As a result, total sales were down 8 percent. 

Based on higher than expected first quarter industry sales and expectations that the U.S. economy will continue to grow, GM is increasing its full-year light vehicle sales forecast to 14.0 million – 14.5 million units from 13.5 million – 14.0 million units.

“We expect gradual improvement in the economy going forward,” said Don Johnson, vice president, U.S. Sales Operations.  “Over time, strength in the manufacturing sector and strong retail sales will lead to more job creation.  That will help more consumers put the recession behind them, gain even more confidence and drive vehicle sales higher for both the industry and GM.”

GM’s two newest vehicles, the Chevrolet Sonic and the Buick Verano, continue to perform well. Chevrolet Sonic sales were 38 percent higher than the vehicle it replaced.  Buick Verano sales reached 2,989 units and have increased each month since it went on sale in late November 2011.  In addition, Chevrolet Volt sales of 1,462 units were strong nationally but limited by availability of vehicles in California, where GM is launching a model that qualifies for high-occupancy vehicle lane access.

Other highlights include a 7 percent year-over-year increase for the Cadillac CTS sedan, a 20 percent increase for the GMC Sierra, a 9 percent increase for the GMC Terrain, a 5 percent sales increase for the Chevrolet Silverado and a 7 percent increase for the Chevrolet Equinox.  

On a selling-day adjusted basis, GM total sales were up 3 percent and retail sales were up 12 percent.  On the same basis, Chevrolet retail sales were up 13 percent, Buick retail sales were up 8 percent, GMC retail sales were up 17 percent and Cadillac retail sales were essentially equal to a year ago.  There were three fewer selling days in April 2012 than a year ago.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Forward-Looking Statements

In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

DETROIT – General Motors Co. (NYSE: GM) today filed the proxy statement for its 2012 annual meeting of stockholders with the U.S. Securities and Exchange Commission and announced the nomination of James J. Mulva, chairman and chief executive officer of ConocoPhillips, and Theodore M. “Tim” Solso, former chairman and chief executive officer of Cummins Inc., to its board of directors.

The new directors will stand for election at GM’s Annual Meeting of Stockholders, which will be held on Tuesday, June 12 at 9:30 a.m. (EDT) in Detroit at General Motors Global Headquarters at the Renaissance Center. Stockholders also will be asked to re-elect GM’s incumbent directors, ratify Deloitte & Touche LLP as the company’s independent registered public accounting firm for 2012 and approve an advisory resolution on executive compensation. 

“The addition of Jim and Tim to our board of directors will bring significant global experience in leading large, complex companies as well as new business perspectives to strengthen our company,” said Dan Akerson, GM chairman and chief executive officer.  “Jim’s extensive experience and expertise in the energy industry and in-depth background in finance will be invaluable to GM.  Tim’s background in diesel engine manufacturing and engineering, and compliance with challenging emissions regulations will allow him to contribute significantly to our global product development strategies.” 

Mulva has 39 years of experience in the energy industry at ConocoPhillips and Phillips Petroleum Co. He has held various domestic and international senior management positions in finance including, Executive Vice President and Chief Financial Officer.  He also oversaw mergers and acquisitions, business restructurings and negotiated joint ventures.

Mulva also serves on the board of directors of GE. He holds a bachelor’s of business administration and master’s of business administration from the University of Texas. 

Solso retired from Cummins in December 2011. He held a variety of senior management positions in his 40-year career at the global manufacturing company and led Cummins through strong financial performance and stockholder returns, international growth, business restructuring and technology leadership. 

Solso is also a member of the board of Ball Corp. He holds a bachelor’s of psychology from DePauw University and a master’s of business administration from Harvard University.

The election of Mulva and Solso will bring GM's board of directors to 14 members, 12 of whom are non-employee directors.  For details on the GM board of directors visit the company’s  corporate governance web site.

Stockholders of record as of Friday, April 13, 2012 who wish to attend the meeting must request an admission ticket by Monday, June 4, by following the instructions given in the proxy statement.

The proxy statement is available on-line at www.gm.com/proxymaterials.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

DETROIT – General Motors (NYSE: GM, TSX: GMM) today announced that Capt. Kenneth J. Barrett, U.S. Navy (Ret.), will be the automaker’s first Chief Diversity Officer.

“Diversity is and has been a key component of our success including diversity of work force and diversity of customer base – it can only make us a better company,” said GM Chairman and CEO Dan Akerson. “That's why we've created this new position and filled it with a proven leader like Ken.  His strengths and track record in diversity will help us achieve the leadership position we're committed to reaching in this crucial area of the business.”

Barrett has 14 years of executive experience, including five years of award-winning performance as the U.S. Navy’s Diversity Director. Before joining GM, he served as the Under Secretary of Defense’s Acting Director, Office of Diversity Management and Equal Opportunity, in Washington, D.C. Prior to that, Barrett had five years of award-winning performance as the U.S. Navy's Diversity Director, where he achieved historic levels of minority and female officer additions and transformational work-life balance initiatives.

In 1984, Barrett began his career with the U.S. Navy.  After commissioning through the Naval Reserve Officer Training Corps, he held positions in engineering and operations.

“Ken Barrett is a strong, yet humble leader who took the Navy from being a pack player to having the most-effective diversity department in the entire federal government,” said Luke Visconti, CEO of DiversityInc. “His knowledge on diversity issues is second to none and his experience puts him in the top 1 percent of all senior diversity executives."

A Worcester, Mass. native, Barrett holds a bachelor’s in political science from the College of the Holy Cross, a master’s in national security and strategic studies from the Naval War College and an executive master’s in business administration from the Naval Postgraduate School. He completed the Federal Executive Senior Fellow Program at Harvard University and is a graduate of the Armed Forces Staff College. 

Under Barrett’s leadership, the Navy’s Strategic Diversity Working Group was selected as the nation’s No. 1 Diversity Council by the Association of Diversity Councils. The Navy also was selected as the Top Federal Agency by DiversityInc. For his efforts as lead of the Navy's Task Force/Life Work, Barrett and his team were recognized with the Ted Childs Work Life Excellence Award. Other personal awards include: the Defense Superior Service Medal, the Legion of Merit, Defense Meritorious Service Medal, Meritorious Service Medal (two stars), Navy Commendation Medal (three stars) and the Navy Achievement Medal, as well as many other unit and campaign awards.

Eric Peterson, vice president of Corporate Diversity, will report to Barrett and continue the focus on GM’s outreach to diverse communities. Barrett will report to Cynthia J. Brinkley, vice president, GM Global Human Resources.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.  GM is also a recognized leader in the automotive industry for its pioneering efforts in diversity. To learn more, visit http://www.gm.com/diversity. 

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DETROIT – General Motors (NYSE: GM) today announced that its Board of Directors has approved a quarterly dividend of $0.59375 per share on its Series B mandatory convertible junior preferred stock.  The dividend is payable June 1, 2012 to Series B holders of record as of May 15, 2012. The dividend is cumulative. The total amount of the dividend is approximately $59.4 million.    

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets.  GM’s brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Isuzu, Jiefang, Opel, Vauxhall and Wuling. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

Shanghai – General Motors and its joint ventures in China sold 257,944 vehicles in March and 745,152 vehicles in the first quarter of 2012, setting new March and quarterly records.

GM’s domestic sales in March were up 10.7 percent from the same month in 2011. They were the second highest for any month in GM’s history in China. For the first three months as a whole, its domestic sales increased 8.7 percent, surpassing any other quarter since GM began doing business in China.

“GM has maintained our growth in our largest market in 2012, despite an overall industry slowdown,” said Kevin Wale, President and Managing Director of the GM China Group. “Our new models such as the Chevrolet Malibu have gotten off to a solid start, complementing the ongoing strength of established products such as the Buick Excelle, Chevrolet Cruze and Cadillac SRX.”

Shanghai GM’s domestic sales increased 10.5 percent on an annual basis to 110,038 units. SAIC-GM-Wuling’s sales in China increased 11.6 percent year on year to 139,768 units. FAW-GM’s domestic sales in March totaled 7,417 units. Sales at all three GM joint ventures were up from the previous month.

Demand for Buick products rose 3.7 percent on an annual basis to a March record 57,082 units. The brand was led by the Excelle, whose sales jumped 25.4 percent to 24,134 units, and the Excelle XT and GT, which had a collective sales increase of 22.7 percent to 14,064 units.

Chevrolet sales in China rose 11.1 percent year on year to a March record 54,716 units. The New Sail was the brand’s best-selling model, with demand for the sedan and hatchback rising 55.5 percent to 20,085 units. The Cruze remained a popular model as well, with sales growing 7.7 percent to 18,678 units. Sales of the Malibu totaled 4,289 units in its first full month on the market.

Cadillac continued its strong run in March, as sales increased 35.2 percent on an annual basis to a record for the month of 2,745 units. The SRX accounted for 2,143 of the luxury brand’s unit sales.

Wuling sales in China were up 9.9 percent on an annual basis to an all-time monthly record 130,251 units. The Baojun brand had sales of 5,012 units in its first March on the market.

General Motors traces its roots back to 1908. GM has 11 joint ventures, two wholly owned foreign enterprises and more than 35,000 employees in China. GM and its joint ventures offer the broadest lineup of vehicles and brands among automakers in China. Passenger cars and commercial vehicles are sold under the Baojun, Buick, Cadillac, Chevrolet, Jiefang, Opel and Wuling brands. In 2011, GM sold more than 2.5 million vehicles in China. It has been the sales leader among global automakers in the market for seven consecutive years. More information on General Motors in China can be found at GM Media Online.

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DETROIT – General Motors Co. (NYSE: GM) today reported total March sales of 231,052 vehicles in the United States, up 12 percent year over year.  The monthly total includes a record 100,000 cars and crossovers that achieve an EPA-estimated 30 mpg highway rating or better.  

“The economic recovery and a deep bench of fuel-efficient cars and crossovers have been driving our sales for more than a year, but the combined impact has never been stronger than it was in March,” said Don Johnson, vice president, U.S. Sales Operations.  “Since the last time fuel prices spiked, both the economy and GM’s product portfolio are undeniably stronger.  We’re now strong across the board in cars, crossovers and trucks.” 

Total GM passenger car sales increased 22 percent, with small and compact car sales up a combined 62 percent. Compact crossover sales were up 47 percent and mid-size car sales were up 38 percent. Full-size pickup sales were up 14 percent.

The Chevrolet brand increased its sales 17 percent year over year, and every Chevrolet car line was up.  Sales of the Sonic have increased steadily since it launched in August 2011, with March reaching 8,251 vehicles.  Volt sales of 2,289 were 50 percent higher than December 2011, which had been the vehicle’s best month since launch.  Cruze deliveries of 21,607 marked the car’s seventh month of sales exceeding 20,000 units and its seventh consecutive month of higher year-over-year sales.

Other March highlights include a 12 percent year-over-year increase in GMC sales driven by strong Sierra and Terrain results, a 34 percent increase in Chevrolet Equinox sales, a 15 percent increase in Cadillac CTS sales, and a very strong month for the new Buick Verano, with sales of 2,497 units.

The company’s retail deliveries increased 14 percent compared with March 2011 and accounted for 74 percent of GM sales.  Deliveries to fleets increased 6 percent.