FOR RELEASE: May 1, 2002

GM Outpaces The Industry In April With Exceptional Retail Sales

GM Revises Second-Quarter Schedule

• Total April Sales Up 13 Percent, Retail Sales Up 15 Percent
• Retail Sales Up 7 Percent For The Year
• Truck Sales Up 24 Percent, Retail Truck Sales Up 29 Percent
• GM Trucks And Utilities Continue To Set Industry Benchmark

DETROIT -- General Motors dealers sold 422,089 new cars and trucks in April in the United States, up 13 percent over last year. GM's retail sales were up 15 percent over year ago levels and GM retail sales through April were up 7 percent. GM’s overall April truck sales were up 24 percent and GM car sales were up 1 percent as daily rental volume began to stabilize.

"Once again the industry's strength surprised us in April," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "Our retail sales continue to surpass our year ago levels, despite some lean inventories, and our total truck business continues to run at an all-time industry record sales rate. Importantly, cars such as the Chevy Impala, combined with exciting new entries like the all-new Pontiac Vibe and Cadillac CTS, are helping improve our competitive position in the passenger car market.

"We are very enthused by the renewed confidence our consumers and retailers are showing in our products. And that confidence is clearly contributing to GM continuing its sales momentum," said Lovejoy.

GM Truck Sales

For April, GM's industry leading truck lineup with deliveries up 24 percent, continued on pace to establish an all-time industry record. GM's combined utility sales (91,497) increased 47 percent over year ago levels. Again, GM achieved midsize utility leadership (43,061) on the strength of the Chevrolet TrailBlazer (15,913) and the GMC Envoy (6,744).

GM had another stellar month in full-size utilities selling 40,124 units. GM small utilities, the Saturn VUE and Chevrolet Tracker, further strengthened GM's position in the utility market, with 8,312 sales. For the month of April, GM delivered more than 90,000 utilities. Complementing its strength in utilities, GM had another solid month in full-size pickups delivering 79,018 units, an increase of 5 percent over last April.

GM Car Sales

GM car sales (up 1 percent), continue to improve as fleet volumes begin to stabilize and retail sales regain momentum. Several GM cars had strong sales performances in April. Chevrolet Impala (16,252) continued to post impressive sales, despite constrained inventory and the Chevrolet Cavalier increased 16 percent over last April. Buick LeSabre sales were up 42 percent (10,889) and the all-new Cadillac CTS (3,506 units) and Pontiac Vibe (2,561 units) both had strong sales months as those products build momentum.

Certified Used Sales

GM's strength in the certified used car market continued to build toward leadership in the segment. GM sold approximately 29,800 total certified used vehicle sales for April, including the Cadillac, Saturn and SAAB certified brands. The GM Certified Used Vehicle brand had another record month, selling 26,229 units. Lovejoy commented on the growth of GM's certified used vehicle programs, "Our Certified Used Vehicle business is firing on all cylinders and the exceptional dealer support we have received will allow us to become the industry leader."

Click here to view the General Motors Corporation April 2002 Sales and Production data

GM Revises Second-Quarter Production Forecast

(Due to a delay in data reporting, GM’s April production results will be posted on http://media.gm.com when they are available.)

GM’s second-quarter production forecast for North America is 1.53 million vehicles (677,000 cars and 853,000 trucks), consistent with our guidance of greater than 1.5 million vehicles provided in GM’s April 16^th first quarter earnings announcement. The second-quarter increase from earlier estimates is due to continued strong consumer demand, the moderate recovery in daily rental deliveries as well as strong manufacturing performance. The new forecast also is 12 percent higher than the second quarter of 2001 when GM produced 1.364 million vehicles (638,000 cars and 726,000 trucks). GM continues to face an extremely competitive environment, and currently believes its net price retention in North America in the second quarter will be between negative 1.4 percent and negative 1.6 percent.

GM also announced the following production forecast information for its international regions:

• GM Europe – The second-quarter production forecast is 471,000 vehicles, a decrease of 4,000 vehicles.
• GM Asia Pacific – The second-quarter production forecast is 70,000 vehicles, an increase of 3,000 vehicles.
• GM Latin America, Africa and the Middle East – The second-quarter production forecast is unchanged at 149,000 vehicles.

Note: GM sales and production results are available on GM Media Online at http://media.gm.com by clicking on News, then Sales/Production.

In this press release and related comments by General Motors management, our use of the words "expect," "anticipate," "estimate," forecast," "objective," "plan," "goal" and similar expressions is intended to identify forward looking statements. While these statements represent our current judgement on what the future may hold, and we believe these judgements are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent report on SEC Form 10-K (at page II-20) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes or work stoppages; market acceptance of the corporation's new products; significant changes in the competitive environment; changes in laws, regulations and tax rates; and, the ability of the corporation to achieve reductions in cost and employment levels to realize production efficiencies and implement capital expenditures at levels and times planned by management.

Curr S/D:25 Prev S/D:24	April			Calendar Year-to-Date January - April
	2002	2001	% Chg per S/D	2002	2001	% Chg
Vehicle Total	422,089	359,499	12.7	1,552,244	1,555,134	-0.2
Car Total	191,176	181,228	1.3	661,000	784,851	-15.8
Truck Total	230,913	178,271	24.3	891,244	770,283	15.7
Light Truck Total	226,163	175,004	24.1	878,241	756,551	16.1
Light Vehicle Total	417,339	356,232	12.5	1,539,241	1,541,402	-0.1
Market Division Vehicle Total
	April			Calendar Year-to-Date January - April
	2002	2001	% Chg per S/D	2002	2001	% Chg
Buick	35,153	22,784	48.1	117,883	108,954	8.2
Cadillac	15,013	11,682	23.4	54,776	49,887	9.8
Chevrolet	232,428	201,523	10.7	882,029	855,503	3.1
GMC	45,372	39,358	10.7	172,497	164,060	5.1
HUMMER	55	65	-18.8	182	292	-37.7
Oldsmobile	14,044	15,311	-11.9	56,915	91,865	-38.0
Other - Isuzu	1,214	1,365	-14.6	4,331	5,355	-19.1
Pontiac	50,252	41,713	15.7	168,497	179,450	-6.1
Saab	3,437	2,614	26.2	12,575	10,451	20.3
Saturn	25,121	23,084	4.5	82,559	89,317	-7.6
Sales of Domestically Produced Vehicles
Car	187,690	177,463	1.5	648,228	771,221	-15.9
Light Truck	226,163	175,004	24.1	878,241	756,551	16.1
Twenty-five selling days for the April period this year and twenty-four for last year.
* American Isuzu Motors, Inc., dealer sales of commercial vehicles distributed by General Motors Corporation as reported to General Motors by American Isuzu Motors, Inc.