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News of  May 02, 2001

General Motors May Sales And Production Data

• GM Announces April Production Results; Second Quarter Forecast Rises
  GM April Sales Down 16% as Industry Tapers from Year-ago Record Sales Rate

• April Car Sales Down 15%; April Truck Sales Down 16%

DETROIT - General Motors dealers sold 359,499 new cars and trucks in April in the United States, down 16 percent from April 2000. GM car sales decreased 15 percent to 181,228 units and truck sales decreased 16 percent to 178,271 units.

"As expected, we're experiencing moderation in consumer demand and April industry sales were softer than originally forecast. We remain cautiously optimistic about vehicle sales throughout the remainder of the year and we still expect a soft landing," said Bill Lovejoy, group vice president of North America Vehicle Sales, Service and Marketing. "With the spring introduction of key new vehicles into the marketplace, our dealers are well equipped with a strong product lineup to help sustain our performance in tougher market conditions."

CYTD & April Strengths

GM continued its strength in utility sales in the CYTD-April period, with full-size utilities again posting the highest gains in the GM lineup. In fact, GM reported a 12 percent increase in the highly competitive full-size utility segment during the period. The Chevrolet Tahoe and Suburban, and the GMC Yukon all posted individual CYTD records.

Other notable strengths for GM include the Chevrolet Impala, which posted record April sales and has been on a record pace throughout the year.

April Sales Records

• Chevrolet Impala
• Saturn L-Series
• GM Full-size Utilities
• GMC Yukon
• GMC Yukon XL
• Cadillac Escalade

CYTD Records

• Chevrolet Impala
• Saturn L-Series
• GMC Yukon
• GM Utilities
• GM Full-size Utilities
• Chevrolet Suburban
• Chevrolet Tahoe
• Chevrolet Tracker
• Saturn

GM Announces April Production Totals, Increase in 2nd Quarter 2001 Estimate

In April, GM produced 405,000 vehicles (197,000 cars and 208,000 trucks) in North America, down from 470,000 vehicles (235,000 cars and 235,000 trucks) produced in April 2000. (Production totals include joint venture production of 8,000 vehicles in April 2001 and 13,000 vehicles in April 2000.)

GM announced its second-quarter North American production estimate (including joint ventures) will increase to 1.332 million vehicles (618,000 cars and 714,000 trucks), from the previous estimate of 1.3 million vehicles (582,000 cars and 718,000 trucks). The revised estimate is a 15 percent decline from the second quarter 2000 when we made 1,568,000 vehicles (787,000 cars and 781,000 trucks).

Additionally, GM announced the following second-quarter 2001 production estimates for its international regions:

• GM Europe – The second-quarter estimate is 504,000 vehicles, down from the previous estimate of 516,000 vehicles.
• GM Asia Pacific – The second-quarter estimate is unchanged at 65,000 vehicles.
• GM Latin America, Africa and the Middle East – The second-quarter estimate is 169,000 vehicles, up from the previous estimate of 167,000 vehicles.

(April 30, 2001)

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