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Home , Buick Enclave, Cadillac CTS, Cadillac SRX, Car of the Year, Chevrolet Spark, Pontiac Vibe

Key Facts About GM’s Transformation for Long-term Success

Fact: GM is building compelling, high-quality and for our customers

is the best-selling automaker in the U.S. with a share of 22.1% (2.8 million vehicles v. 2.1 million vehicles) and leads Toyota in 20 of the top 22 global markets (Toyota only leads in and Australia markets).

 GM is the largest seller of vehicles in selling almost 360,000 vehicles in 2008, approximately 20% of Canadian sales.

Malibu was up a solid 20.7% in December 2008 and 78.5% for the year in Canada - leading GM’s 35.8% gain for the year in the mid-size segment. Key competition: the was down 12.8% and Accord grew by only 2.4%.

 Chevy has been the Number One selling US brand in two out of the last four years. o Impala is the Number One selling domestic . Between Impala and Malibu, Chevy sold almost a half-million cars last year.

 Chevy has won more than 260 media/industry awards worldwide since the 2006 model year.

 The Chevy Malibu was awarded the 2008 among international automotive journalists. The second consecutive year a GM vehicle has won this prestigious award ( won in 2007).

 The CTS was named ’s 2008 Car of the Year.

 Prior to the current economic crisis, incentive spending was down and overall retail transaction prices were up over an average of US$4,000 per vehicle for new products such as the , Cadillac CTS, and family of vehicles.

Enclave, GMC Acadia, , and lead in quality, and sales among this growing crossover segment.

 The Vibe, AJAC's award winning Best New Small Car under $18,000, saw strong gains in Canada up 34.2% in 2008.

 GM unveiled the 2010 compact crossover, the 2010 Buick Allure/ LaCrosse and the 2010 Cadillac SRX mid-size luxury crossover at the North American International Auto Show (NAIAS).

 GM recently announced plans to sell the micro-car and the seven-seat multi-purpose vehicle in the U.S. in 2011.

Fact: GM is working with our business partners to restructure the business and reduce costs...

 The UAW suspended the Jobs Bank program, effective Feb. 2, and agreed to execute another Special Attrition Program. These actions are important steps to improving GM’s viability.

 Discussed plans to consolidate and reduce the number of GM dealers by approximately 400 per year through 2012 with GM dealers at the National Automotive Dealers Association’s annual meeting.

 Announced plans to rationalize our number of brands and models, and strategic reviews are well underway and making progress on these efforts.

 Announced that GM reduce salaried employment globally by approximately 10,000 people (approximately 3,400 in the U.S.) in 2009, and will temporarily reduce pay for a majority of U.S. salaried employees.

 Announced the restructuring of the global powertrain group to integrate its functional activities into their respective global GM functions.

Fact: GM is committed to reducing fuel consumption and emissions by bringing advanced technology vehicles to market

 Chevy Volt, GM’s extended range , will go up to 40 miles before using any gas and is scheduled for production in late 2010.

 GM offers 19 vehicles that get 30 mpg or more on the highway…more than any other automaker.

 By mid-2009, GM will have 9 hybrid models in the market…more than any other automaker.

 GM’s Canadian Engineering Centre in Oshawa, ON was selected to assemble the world’s largest fleet of hydrogen fuel-celled powered Chevrolet Equinoxes as part of GM’s Project Driveway

 Chevy Traverse is the most fuel efficient 8 passenger crossover with EPA estimated 24 mpg highway.

 Unveiled the Cadillac Converj concept extended range electric vehicle, which shows how the Voltec propulsion system can be applied to other GM products in various vehicle segments. The Converj won most of the top concept design awards at the 2009 NAIAS.

 Announced that GM will be the first major automaker to establish a lithium-ion battery pack manufacturing facility in the U.S., and that GM will build the world’s largest advanced battery testing facility in Michigan.

 Announced that GM will work with Washington D.C. and other key cities to help prepare infrastructure for plug-in electric vehicles such as the Chevy Volt.

 GM has over 2 million bio-fuel capable () vehicles on the US roads today, and offers more bio-fuel capable vehicles than any other automaker.

 Every Chevy SUV and pickup is available with an EPA estimated 20 MPG hwy or better. Toyota and Ford can’t say that.

 Received “Green Car Vision” award from Green Car Journal (Chevy Volt) at the Washington D.C. auto show.

 Recognized by GreenerCars.org for having three vehicles (Pontiac G5 XFE, Chevy Cobalt XFE and Aveo) with the highest “Green Scores” overall in the American Council for an Energy-Efficient Economy’s Green Book Online for Model Year 2009.

 First to bring a hybrid full-size SUV and pickup to market.

 The Automobile Journalists Association of Canada (AJAC) recognized GM’s Two-Mode Hybrid technology with the inaugural Best New Green Technology Award for 2009.

Fact: North American automotive companies build quality products...

 During the past seven years, the General Motors Oshawa Plant has received four Gold and two Silver Awards for plant quality in North America in the annual J.D. Power and Associates Initial Quality Study

 In March, 2009. J.D. Power and Associates announced that Buick tied for the highest ranking in vehicle dependability for three-year old models. The Oshawa built Buick Allure (LaCrosse) was also ranked first in the midsize car segment, beating the Toyota Camry, while the came in second in the large car segment.

 In 2008, GM’s Oshawa Car Plant was recognized with the prestigious J.D. Power and Associates “Founder’s Award” in recognition of their commitment to quality excellence and a solid track record of industry leading performance.

 Silverado & Malibu -- #1 in J.D. Power Initial Quality in their segments

 Received “Best Sport Sedan” award (Cadillac CTS) from PBS’ Motorweek TV show for the second straight year.

 Received Overall Manufacturer honors in R.L. Polk’s annual Automotive Loyalty Awards competition for the ninth straight year. Also received awards for several Chevy vehicles (Silverado, Suburban, Impala, Corvette).

 Received “Family Car of the Year” award from motherproof.com/cars.com (Buick Enclave) at the Washington, D.C. auto show.

 GM’s brands (Cadillac, Chevrolet, Buick, Pontiac), representing 80 percent of our total volume, are ranked above industry average as measured by 2008 J.D. Power Initial Quality.

 GM and Ford tied for the leadership position in the 2008 J.D. Power Initial Quality Study – 11 models ranked in the top three of their respective segments.

 Chevrolet Malibu beats the imports…

o Industry’s best launch (J.D. Power) and a “Recommended Buy” from Consumer Reports; o Segment award winner in the ultra-competitive midsize segment, beating out the Toyota Camry, Accord and Altima; o Malibu alone has won 30+ awards for product excellence

 Since 2002 GM has earned 65 percent of all J.D. Power North/South America assembly plant quality awards (more than all other manufacturers combined)

Fact: GM autoworkers can compete with non-union import transplants…

As measured by the latest independent Harbour Report for Productivity:

 GM vehicle assembly plants led in 11 of 20 North American assembly plant segments in which it competes--the most of any manufacturer.  GM’s Oshawa Car Plant has set industry benchmarks in the area of productivity, placing within the top three plants across North America in each of the last six years.  GM has three of the top 10 assembly plants in North America.  GM has two of the top ten stamping plants in North America, based on the Stamping Index.  GM has five of the top 10 plants in North America.

Fact: The current economic crisis affects all automakers, not just “”…

 Toyota expects to lose $3.85 billion at the end of this fiscal year, the first loss since 1950. Since March, Toyota has reduced its temporary workforce in Japan from 9,000 workers to 3,000.

 Nissan is cutting 20,000 jobs and predicts its first annual loss in nine years. CEO Carlos Ghosn said the latest problems are industry wide and due to the global economic crisis.

 Mercedes recently offered a buyout to its entire workforce in Alabama.  Hyundai’s Alabama factory is still not up to full capacity.  In addition to company-wide buyout offers and substantial layoffs, Nissan is converting its factory in Smyrna, TN to build commercial vehicles.

 Toyota has been forced to shut its Texas truck plant because of few orders for the new Tundra.

 The Ssangyong Motor Co., the ailing Korean automaker, and its Chinese majority shareholder, the SAIC Motor Corp , are seeking help from the South Korean government to stave off a collapse of the company.

 Hyundai Motor Co has cut shifts at its plant cope with plunging demand.

Fact: Other governments are providing financial support to the during this crisis...

Europe

: Scrappage incentive of €1,500 for trade-in of 13-year-old vehicle for new product meeting Euro 4 standard  : €6 billion in “soft loans” for PSA & with aid linked to commitment not to relocate production jobs abroad; €500 million in loans to Renault Truck and other automakers; €1 billion loan facility for PSA & Renault financing arms; scrappage program (€1,000 incentive per vehicle)  : €1.5 billion support package that includes loan guarantees and a scrappage program (up to €2,500 per vehicle)  : Scrappage incentive of €1,500 incentive for trade-in of vehicles over 10 years of age  : €900 million in trade credit insurance, lines of credit for vehicle manufacturers and suppliers, incentives to boost vehicle sales, and worker training; scrappage incentive of €1,000 for 10-year old vehicles and €1,500 for 15-year old vehicles  : One-year exemption from pollution tax for new vehicles; scrappage incentive of €800 for 10-year old vehicles (maximum of 60,000 cars scrapped)  Russia: Tariffs on imported used cars raised to protect domestic auto producers  : €800 million in federal aid in addition to state support for individual automakers; scrappage incentive of interest-free loans up to €10,000 when trading-in 10-year old vehicle for new low emission product  Sweden: $3.4 billion in state-backed loans and credit guarantees from the European Investment Bank; funding for R&D  : $3.2 billion in loans to automakers and suppliers to develop “green technologies”

North America

 Canada: $4.0 billion in fully repayable loans offered to GM & Chrysler from federal and Ontario governments; scrappage program ($300 incentive per vehicle)  : $13.4 billion in low interest loans to GM and $4 billion to Chrysler; GMAC became a bank holding company and received a capital infusion of $6 billion and Chrysler Financial received a $1.5 billion government loan

Latin America

: $890 million credit line to subsidize consumer purchases of 100,000 new vehicles; additional credit line for purchase of new taxis, light commercial vehicles and trucks  : $1.8 billion credit injection to promote auto retail financing; government of Sao Paulo providing additional $1.8 billion in retail financing support; reduction in value- added tax for new vehicles

Asia Pacific

 Australia: An additional AU$3.4 billion brings federal support for the auto industry to AU$6.2 billion for 2009-2020 in the form of incentives for local investment and an R&D incentive for “green technology”; new AU$2 billion fund to improve liquidity for auto dealers  China: One-year reduction in excise taxes on small vehicles; $750 million scrappage program targeting 3-wheeled and old trucks; $1.5 billion to automakers to upgrade technology and develop alternative energy vehicles; $1.4 billion loan to Automobile Company  India: Reduction in excise tax applied to new vehicle purchases  Japan: Government providing wage support for companies to keep idle employees on company payrolls  : Six-month reduction in special excise tax on new vehicles; government support for worker training