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GM Reports April Sales of 400,687, Down 9 Percent

Truck Sales Up 2 Percent Versus Year-Ago Levels; Large Pickups Up 12 Percent and Utilities Up 7 Percent
Luxury Vehicle Sales Strong; Saab Up 39 Percent and Cadillac Up 15 Percent

DETROIT - General Motors Corp. dealers sold 400,687 new cars and trucks in April in the United States. This is a 9 percent decline versus April 2002. GM's overall truck sales (244,965) were up 2 percent over a year ago, and car sales in April (155,722) were down 22 percent from the year-ago level.

"Both GM and the industry had a solid month in April, despite some hesitation in consumer attitudes," said John Smith, group vice president of GM North America Vehicle Sales, Service and Marketing. "Sales of GM luxury vehicles, large pickups and large utilities were strong even with the exceptionally competitive environment. In April, Saab was up 39 percent, Cadillac was up 15 percent and HUMMER sales continued to grow. Building on this performance and with the additional 15 new vehicle launches scheduled for this year, we expect continued improvement in our results over the course of the year."

GM Truck Sales

GM posted industry record April truck sales, up 2 percent from year-ago levels. It became the first manufacturer to sell more than 90,000 full-size pickups in the month of April, with 91,077 total sales, up 15.5 percent from last year. Chevrolet Silverado and GMC Sierra had strong sales, with increases of 14 percent and 15 percent, respectively, over last year.

GM also achieved industry record utility sales for April, with 102,504 total sales, a 9 percent improvement from year-ago levels. Full-size utilities were up 20 percent, driven by increases for Cadillac Escalade, GMC Yukon, and Chevrolet Tahoe.

GM Car Sales

GM luxury car sales improved 19 percent in April and were up 8 percent calendar year-to-date, driven by record April sales of Cadillac CTS and strong Saab 9-3 sales. Saab had record April sales, and calendar year-to-date was up 26 percent. Cadillac calendar year-to-date sales increased 18 percent.

Certified Used Vehicles

GM's industry-leading certified vehicle program had a record month in April with approximately 43,371 total certified used vehicle sales, including the Cadillac, Saturn and Saab certified brands. The previous record was 42,642 units in August 2002. The GM Certified Used Vehicle brand alone also posted record numbers, selling 36,423 vehicles, which is 39 percent higher than last year. "April was a fantastic month for our certified used vehicle program," Smith said. "As more dealers get involved in the program, and more consumers become aware of it, we continue to outpace the growth of the segment."

GM Announces April Production Results; 2003 Q2 GM North America Production Forecast Unchanged

In April, GM North America produced 461,000 vehicles (179,000 cars and 282,000 trucks) in North America, compared to 535,000 vehicles (235,000 cars and 300,000 trucks) produced in April 2002. (Production totals include joint venture production of 14,800 vehicles in April 2003 and 10,900 vehicles in April 2002.)

GM's 2003 second-quarter production forecast for North America remains unchanged at 1.39 million units (548,000 cars and 842,000 trucks). In the second quarter of 2002, GM North America built 1.553 million vehicles (688,000 cars and 865,000 trucks).

GM also announced current 2003 second-quarter production forecasts for its international regions:

GM Europe - The region's current second-quarter production forecast is 488,000 vehicles, down 4,000 vehicles from last month's forecast. GM Europe built 453,000 vehicles in the second quarter of 2002.

GM Asia Pacific - GM Asia Pacific's second-quarter forecast is 82,000 vehicles, up 1,000 vehicles from last month's forecast. GM Asia Pacific built 74,000 vehicles in the second quarter of 2002.

GM Latin America, Africa and the Middle East - The region's second quarter production forecast is 149,000 units, down 4,000 from last month's guidance. The region built 141,000 units in the second quarter of 2002.

General Motors Corp. , the world's largest vehicle manufacturer, employs 349,000 people globally in its core automotive business and subsidiaries. Founded in 1908, GM has been the global sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in more than 190 countries. In 2002, GM sold more than 8.5 million cars and trucks, nearly 15 percent of the global vehicle market. GM's global headquarters is at the GM Renaissance Center in Detroit. More information on GM and its products can be found on the company's consumer website at  www.gm.com.

# # #

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 judgment on what the future may hold, and we believe these judgments 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 11-15, 16) 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.

 

April

Calendar Year-to-Date
January - April

Curr S/D:26
Prev S/D:25

2003

2002

% Chg
per S/D

2003

2002

%Chg

Vehicle Total

400,687

422,089

-8.7

1,419,097

1,552,244

-8.6

Car Total

155,722

191,176

-21.7

609,981

661,000

-7.7

Truck Total

244,965

230,913

2.0

809,116

891,244

-9.2

Light Truck Total

241,249

226,163

2.6

796,980

878,241

-9.3

Light Vehicle Total

396,971

417,339

-8.5

1,406,961

1,539,241

-8.6

Market Division Vehicle Total

Buick

25,389

35,153

-30.6

108,678

117,883

-7.8

Cadillac

17,955

15,013

15.0

64,215

54,776

17.2

Chevrolet

230,659

232,428

-4.6

774,049

882,029

-12.2

GMC

50,037

45,372

6.0

158,066

172,497

-8.4

HUMMER

2,883

55

***.*

11,522

182

***.*

Oldsmobile

10,080

14,044

-31.0

43,491

56,915

-23.6

Other - Isuzu

1,109

1,214

-12.2

3,965

4,331

-8.5

Pontiac

36,625

50,252

-29.9

143,658

168,497

-14.7

Saab

4,967

3,437

39.0

15,852

12,575

26.1

Saturn

20,983

25,121

-19.7

95,601

82,559

15.8

Sales of Domestically Produced Vehicles

Car

150,745

187,690

-22.8

594,114

648,228

-8.3

Light Truck

241,249

226,163

2.6

796,980

878,241

-9.3

Twenty-six selling days for the April period this year and twenty-five 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.

2-1P
GM Car Deliveries - (United States)
April 2003

 

(1)April

Calendar Year-to-Date
January - April

2003

2002

%Chg
per S/D

2003

2002

%Chg

Selling Days (S/D)

26

25

       

Century

6,420

14,040

-56.0

38,249

41,072

-6.9

LeSabre

8,982

10,889

-20.7

31,267

37,694

-17.1

Park Avenue

2,114

3,285

-38.1

8,257

9,475

-12.9

Regal

2,004

2,171

-11.2

7,377

8,695

-15.2

Riviera

0

0

***.*

0

0

***.*

Buick Total

19,520

30,385

-38.2

85,150

96,936

-12.2

Catera

10

49

-80.4

15

197

-92.4

CTS

5,751

3,506

57.7

16,707

7,764

115.2

DeVille

5,888

5,557

1.9

23,318

22,721

2.6

Eldorado

23

763

-97.1

168

2,375

-92.9

Seville

1,173

1,809

-37.7

7,721

7,443

3.7

Cadillac Total

12,845

11,684

5.7

47,929

40,500

18.3

Camaro

171

3,145

-94.8

746

11,079

-93.3

Cavalier

18,405

28,514

-37.9

70,629

85,356

-17.3

Corvette

6,249

2,176

176.1

12,233

9,850

24.2

Impala

24,487

16,252

44.9

83,272

65,452

27.2

Lumina

15

9

60.3

15

24

-37.5

Malibu

11,681

14,365

-21.8

50,413

55,610

-9.3

Metro

1

8

-88.0

1

11

-90.9

Monte Carlo

5,721

5,242

4.9

20,281

20,474

-0.9

Prizm

12

1,812

-99.4

16

8,829

-99.8

Chevrolet Total

66,742

71,523

-10.3

237,606

256,685

-7.4

Alero

7,395

7,719

-7.9

33,131

33,989

-2.5

Aurora

576

1,045

-47.0

1,645

3,402

-51.6

Cutlass

0

0

***.*

0

0

***.*

Eighty Eight

0

0

***.*

0

0

***.*

Intrigue

138

1,800

-92.6

496

5,918

-91.6

Oldsmobile Total

8,109

10,564

-26.2

35,272

43,309

-18.6

Bonneville

3,044

3,014

-2.9

8,969

11,018

-18.6

Firebird

141

2,262

-94.0

610

7,970

-92.3

Grand Am

10,269

14,417

-31.5

43,688

53,502

-18.3

Grand Prix

7,521

13,332

-45.8

32,093

42,789

-25.0

Sunfire

3,159

7,648

-60.3

11,400

24,798

-54.0

Vibe

5,118

2,561

92.2

23,160

5,115

352.8

Pontiac Total

29,252

43,234

-34.9

119,920

145,192

-17.4

9-3

3,734

1,933

85.7

11,623

8,358

39.1

9-5

1,233

1,504

-21.2

4,229

4,217

0.3

Saab Total

4,967

3,437

39.0

15,852

12,575

26.1

ION

8,243

0

***.*

34,026

0

***.*

Saturn L Series

5,560

7,567

-29.3

28,423

26,494

7.3

Saturn S Series

484

12,782

-96.4

5,803

39,309

-85.2

Saturn Total

14,287

20,349

-32.5

68,252

65,803

3.7

GM Total

155,722

191,176

-21.7

609,981

661,000

-7.7

GM Car Deliveries by Production Source

GM North America *

150,745

187,690

-22.8

594,114

648,228

-8.3

GM Import

4,977

3,486

37.3

15,867

12,772

24.2

GM Total

155,722

191,176

-21.7

609,981

661,000

-7.7

GM Car Deliveries by Production Source and Marketing Division

Buick Total

19,520

30,385

-38.2

85,150

96,936

-12.2

Cadillac Total

12,835

11,635

6.1

47,914

40,303

18.9

Chevrolet Total

66,742

71,523

-10.3

237,606

256,685

-7.4

Oldsmobile Total

8,109

10,564

-26.2

35,272

43,309

-18.6

Pontiac Total

29,252

43,234

-34.9

119,920

145,192

-17.4

Saturn Total

14,287

20,349

-32.5

68,252

65,803

3.7

GM North America Total*

150,745

187,690

-22.8

594,114

648,228

-8.3

     

***.*

   

***.*

Cadillac Total

10

49

-80.4

15

197

-92.4

Saab Total

4,967

3,437

39.0

15,852

12,575

26.1

GM Import Total

4,977

3,486

37.3

15,867

12,772

24.2

GM Vehicle Deliveries by Marketing Division

Buick Total

25,389

35,153

-30.6

108,678

117,883

-7.8

Cadillac Total

17,955

15,013

15.0

64,215

54,776

17.2

Chevrolet Total

230,659

232,428

-4.6

774,049

882,029

-12.2

GMC Total

50,037

45,372

6.0

158,066

172,497

-8.4

HUMMER Total

2,883

55

***.*

11,522

182

***.*

Oldsmobile Total

10,080

14,044

-31.0

43,491

56,915

-23.6

Other-Isuzu Total

1,109

1,214

-12.2

3,965

4,331

-8.5

Pontiac Total

36,625

50,252

-29.9

143,658

168,497

-14.7

Saab Total

4,967

3,437

39.0

15,852

12,575

26.1

Saturn Total

20,983

25,121

-19.7

95,601

82,559

15.8

GM Total

400,687

422,089

-8.7

1,419,097

1,552,244

-8.6

* Includes US/Canada/Mexico

3-1P
GM Truck Deliveries - (United States)
April 2003

 

(1)April

Calendar Year-to-Date
January - April

2003

2002

% Chg
per S/D

2003

2002

%Chg

Selling Days (S/D)

26

25

       

Rendezvous

5,869

4,768

18.4

23,528

20,947

12.3

Total Buick

5,869

4,768

18.4

23,528

20,947

12.3

Escalade

2,996

2,429

18.6

9,770

10,794

-9.5

Escalade ESV

1,231

0

***.*

3,497

0

***.*

Escalade EXT

883

900

-5.7

3,019

3,482

-13.3

Total Cadillac

5,110

3,329

47.6

16,286

14,276

14.1

Astro

5,731

5,806

-5.1

14,284

17,702

-19.3

C/K Suburban(Chevy)

11,201

10,409

3.5

33,364

43,471

-23.2

Chevy C/T Series

136

709

-81.6

384

1,923

-80.0

Chevy P Models & Mtr Hms

0

0

***.*

0

0

***.*

Chevy W Series

180

220

-21.3

719

836

-14.0

Express Cutaway/G Cut

1,625

2,081

-24.9

5,313

6,116

-13.1

Express Panel/G Van

6,692

5,965

7.9

19,513

21,221

-8.0

Express/G Sportvan

1,591

2,261

-32.3

5,129

5,870

-12.6

Kodiak 4/5 Series

746

32

***.*

2,186

32

***.*

Kodiak 6/7/8 Series

167

0

***.*

610

0

***.*

S/T Blazer

4,087

11,542

-66.0

16,719

42,506

-60.7

S/T Pickup

11911

14,830

-22.8

43438

52,700

-17.6

Tahoe

17,440

16,176

3.7

51,606

64,542

-20.0

Tracker

2,661

3,540

-27.7

11,256

13,424

-16.2

TrailBlazer

19,246

15,913

16.3

74,252

74,566

-0.4

Venture

8,304

9,046

-11.7

29,897

28,704

4.2

Avalanche

6,698

7,029

-8.4

25,709

30,983

-17.0

Silverado-C/K Pickup

65,501

55,346

13.8

202,064

220,748

-8.5

Chevrolet Fullsize Pickups

72,199

62,375

11.3

227,773

251,731

-9.5

Chevrolet Total

163,917

160,905

-2.0

536,443

625,344

-14.2

C/K Suburban(GMC)

0

0

***.*

0

0

***.*

Envoy

9,550

6,744

36.2

35,195

29,369

19.8

GMC C/T Series

268

1,999

-87.1

856

4,424

-80.7

GMC W Series

419

563

-28.4

1,329

1,444

-8.0

P Models & Mtr Hms(GMC)

0

0

***.*

0

0

***.*

S/T Jimmy

36

149

-76.8

52

685

-92.4

Safari (GMC)

1,093

1,478

-28.9

3,708

4,964

-25.3

Savana Panel/G Classic

2,012

1,845

4.9

5,693

6,246

-8.9

Savana Special/G Cut

1,151

1,334

-17.0

3,425

3,251

5.4

Savana/Rally

306

207

42.1

986

764

29.1

Sierra

18,878

15,743

15.3

57,361

63,894

-10.2

Sonoma

2,974

4,242

-32.6

10,281

13,806

-25.5

Topkick 4/5 Series

386

13

***.*

1,203

13

***.*

Topkick 6/7/8 Series

305

0

***.*

884

0

***.*

Yukon

6,942

6,022

10.8

20,948

24,120

-13.2

Yukon XL

5,717

5,033

9.2

16,145

19,517

-17.3

GMC Total

50,037

45,372

6.0

158,066

172,497

-8.4

HUMMER H1

77

55

34.6

228

182

25.3

HUMMER H2

2,806

0

***.*

11,294

0

***.*

HUMMER Total

2,883

55

***.*

11,522

182

***.*

Bravada

750

1,354

-46.7

2,932

6,103

-52.0

Silhouette

1,221

2,126

-44.8

5,287

7,503

-29.5

Oldsmobile Total

1,971

3,480

-45.5

8,219

13,606

-39.6

Other-Isuzu F Series

161

152

1.8

514

620

-17.1

Other-Isuzu N Series

948

1,062

-14.2

3,451

3,711

-7.0

Other-Isuzu Total

1,109

1,214

-12.2

3,965

4,331

-8.5

Aztek

4,316

2,591

60.2

11,311

9,267

22.1

Montana

3,057

4,427

-33.6

12,427

14,038

-11.5

Pontiac Total

7,373

7,018

1.0

23,738

23,305

1.9

VUE

6,696

4,772

34.9

27,349

16,756

63.2

Saturn Total

6,696

4,772

34.9

27,349

16,756

63.2

GM Total

244,965

230,913

2.0

809,116

891,244

-9.2

GM TRUCK Deliveries by Production Source

GM North America *

243,661

229,603

2.0

804,753

886,544

-9.2

GM Import

1,304

1,310

-4.3

4,363

4,700

-7.2

GM Total

244,965

230,913

2.0

809,116

891,244

-9.2

GM Light Duty Truck Deliveries by Production Source

GM North America *

241,249

226,163

2.6

796,980

878,241

-9.3

GM Import

0

0

***.*

0

0

***.*

GM Total

241,249

226,163

2.6

796,980

878,241

-9.3

GM TRUCK Deliveries by Production Source and Marketing Division

Buick Total

5,869

4,768

18.4

23,528

20,947

12.3

Cadillac Total

5,110

3,329

47.6

16,286

14,276

14.1

Chevrolet Total

163,795

160,757

-2.0

535,947

624,770

-14.2

GMC Total

49,696

45,088

6.0

157,049

171,563

-8.5

HUMMER Total

2,883

55

***.*

11,522

182

***.*

Oldsmobile Total

1,971

3,480

-45.5

8,219

13,606

-39.6

Other-Isuzu Total

268

336

-23.3

1,115

1,139

-2.1

Pontiac Total

7,373

7,018

1.0

23,738

23,305

1.9

Saturn Total

6,696

4,772

34.9

27,349

16,756

63.2

GM North America Total*

243,661

229,603

2.0

804,753

886,544

-9.2

Chevrolet Total

122

148

-20.7

496

574

-13.6

GMC Total

341

284

15.5

1,017

934

8.9

Other-Isuzu Total

841

878

-7.9

2,850

3,192

-10.7

GM Import Total

1,304

1,310

-4.3

4,363

4,700

-7.2

GM Light Truck Deliveries by Production Source and Marketing Division

Buick Total

5,869

4,768

18.4

23,528

20,947

12.3

Cadillac Total

5,110

3,329

47.6

16,286

14,276

14.1

Chevrolet Total

162,688

159,944

-2.2

532,544

622,553

-14.5

GMC Total

48,659

42,797

9.3

153,794

166,616

-7.7

HUMMER Total

2,883

55

***.*

11,522

182

***.*

Oldsmobile Total

1,971

3,480

-45.5

8,219

13,606

-39.6

Pontiac Total

7,373

7,018

1.0

23,738

23,305

1.9

Saturn Total

6,696

4,772

34.9

27,349

16,756

63.2

GM North America Total*

241,249

226,163

2.6

796,980

878,241

-9.3

GM Light Truck Deliveries by Marketing Division

Buick Total

5,869

4,768

18.4

23,528

20,947

12.3

Cadillac Total

5,110

3,329

47.6

16,286

14,276

14.1

Chevrolet Total

162,688

159,944

-2.2

532,544

622,553

-14.5

GMC Total

48,659

42,797

9.3

153,794

166,616

-7.7

HUMMER Total

2,883

55

***.*

11,522

182

***.*

Oldsmobile Total

1,971

3,480

-45.5

8,219

13,606

-39.6

Pontiac Total

7,373

7,018

1.0

23,738

23,305

1.9

Saturn Total

6,696

4,772

34.9

27,349

16,756

63.2

GM Total

241,249

226,163

2.6

796,980

878,241

-9.3

* Includes US/Canada/Mexico