DOCSLIB.ORG

GM Filed: August 07, 2007 (Period: June 30, 2007)

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
GM Filed: August 07, 2007 (Period: June 30, 2007) FORM 10−Q GENERAL MOTORS CORP − GM Filed: August 07, 2007 (period: June 30, 2007) Quarterly report which provides a continuing view of a company's financial position Table of Contents Part I Financial Information Item 1. Condensed Consolidated Financial Statements (Unaudited) 3 PART I Item 1. Condensed Consolidated Financial Statements Item 2. Management s Discussion and Analysis of Financial Condition and Results of Operations Item 3. Quantitative And Qualitative Disclosures About Market Risk Item 4. Controls and Procedures PART II Item 1. Legal Proceedings Item 1A. Risk Factors Item 2(c). Purchases of Equity Securities Item 4. Submission of Matters to a Vote of Security Holders Item 6. Exhibits SIGNATURES EXHIBIT INDEX EX−10.1 (Material contracts) EX−10.2 (ASSET PURCHASE AGREEMENT) EX−10.3 (Material contracts) EX−10.4 (Material contracts) EX−10.5 (Material contracts) EX−10.6 (364−DAY REVOLVING CREDIT AGREEMENT) EX−31.1 (SECTION 302 CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER) EX−31.2 (SECTION 302 CERTIFICATION OF THE CHIEF FINANCIAL OFFICER) EX−32.1 (CERTIFICATION OF THE CHIEF EXECUTIVE OFFICER PURSUANT TO SECTION 906) EX−32.2 (CERTIFICATION OF THE CHIEF FINANCIAL OFFICER PURSUANT TO SECTION 906) Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549−1004 Form 10−Q þ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2007 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number 1−143 GENERAL MOTORS CORPORATION (Exact Name of Registrant as Specified in its Charter) STATE OF DELAWARE 38−0572515 (State or other jurisdiction of (I.R.S. Employer Incorporation or Organization) Identification No.) 300 Renaissance Center, Detroit, Michigan 48265−3000 (Address of Principal Executive Offices) (Zip Code) (313) 556−5000 Registrant’s telephone number, including area code NA (former name, former address and former fiscal year, if changed since last report) Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes þ No o Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non−accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b−2 of the Exchange Act. (Check one): Large accelerated filer þ Accelerated filer o Non−accelerated filer o Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b−2 of the Exchange Act). Yes o No þ As of July 31, 2007, the number of shares outstanding of the Registrant’s common stock was 565,870,304 shares. Website Access to Company’s Reports General Motors Corporation’s internet website address is www.gm.com. Our annual reports on Form 10−K, quarterly reports on Form 10−Q, current reports on Form 8−K, and amendments to those reports filed or furnished pursuant to section 13(a) or 15(d) of the Exchange Act are available free of charge through our website as soon as reasonably practicable after they are electronically filed with, or furnished to, the Securities and Exchange Commission. Source: GENERAL MOTORS CORP, 10−Q, August 07, 2007 GENERAL MOTORS CORPORATION AND SUBSIDIARIES INDEX Page No. Part I — Financial Information Item 1. Condensed Consolidated Financial Statements (Unaudited) 3 Condensed Consolidated Statements of Operations for the Three and Six Months Ended June 30, 2007 and 2006 (As restated) 3 Condensed Consolidated Balance Sheets as of June 30, 2007, December 31, 2006, and June 30, 2006 (As restated) 4 Condensed Consolidated Statement of Stockholders’ Equity (Deficit) for the Six Months Ended June 30, 2007 and 2006 (As restated) 5 Condensed Consolidated Statements of Cash Flows for the Six Months Ended June 30, 2007 and 2006 Notes to Condensed Consolidated Financial Statements 6 Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 44 Item 3. Quantitative and Qualitative Disclosures About Market Risk 83 Item 4. Controls and Procedures 84 Part II — Other Information Item 1. Legal Proceedings 86 Item 1A. Risk Factors 87 Item 2. Purchases of Equity Securities 91 Item 4. Submission of Matters to a Vote of Security Holders 92 Item 6. Exhibits 96 Signatures 97 UAW−Delphi−GM Memorandum of Understanding Asset Purchase Agreement 2007 Cash−Based Restricted Stock Unit Plan Form of Special RSU Grant Award Document for March 2007 Award Form of Special Cash−Based RSU Grant Award Document for March 2007 Award 364−Day Revolving Credit Agreement Section 302 Certification of the Chief Executive Officer Section 302 Certification of the Chief Financial Officer Certification of the Chief Executive Officer Pursuant to Section 906 Certification of the Chief Financial Officer Pursuant to Section 906 2 Source: GENERAL MOTORS CORP, 10−Q, August 07, 2007 Table of Contents PART I Item 1. Condensed Consolidated Financial Statements GENERAL MOTORS CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Dollars in millions, except per share amounts) Three Months Ended Six Months Ended June 30, June 30, 2007 2006 2007 2006 (Unaudited) (As restated, (As restated, Notes 2 and Notes 2 and 15) 15) Net sales and revenue Automotive sales $ 45,918 $ 44,812 $ 88,298 $ 87,808 Financial services and insurance revenue 894 9,087 1,830 17,934 Total net sales and revenue 46,812 53,899 90,128 105,742 Costs and expenses Automotive cost of sales 41,674 47,406 80,407 87,177 Selling, general, and administrative expense 3,293 3,219 6,604 6,585 Financial services and insurance expense 811 7,727 1,694 16,012 Other expenses 575 1,208 575 1,208 Total costs and expenses 46,353 59,560 89,280 110,982 Operating income (loss) 459 (5,661) 848 (5,240) Equity in income (loss) of GMAC LLC 118 — (65) — Automotive and other interest expense (681) (694) (1,480) (1,332) Automotive interest income and other non−operating income 555 987 991 1,783 Income (loss) from continuing operations before income taxes, other equity income and minority interests 451 (5,368) 294 (4,789) Income tax benefit (320) (1,715) (381) (1,546) Equity income and minority interests, net of tax 13 159 67 242 Income (loss) from continuing operations 784 (3,494) 742 (3,001) Income from discontinued operations, net of tax (Note 3) 107 111 211 220 Net income (loss) $ 891 $ (3,383) $ 953 $ (2,781) Basic earnings (loss) per share: Continuing operations $ 1.38 $ (6.18) $ 1.31 $ (5.31) Discontinued operations .19 .20 .37 .39 Total $ 1.57 $ (5.98) $ 1.68 $ (4.92) Weighted average common shares outstanding, basic (millions) 566 566 566 566 Diluted earnings (loss) per share: Continuing operations $ 1.37 $ (6.18) $ 1.30 $ (5.31) Discontinued operations .19 .20 .37 .39 Total $ 1.56 $ (5.98) $ 1.67 $ (4.92) Weighted average common shares outstanding, diluted (millions) 569 566 569 566 Cash dividends per share $ .25 $ .25 $ .50 $ .50 Reference should be made to the notes to the condensed consolidated financial statements. 3 Source: GENERAL MOTORS CORP, 10−Q, August 07, 2007 Table of Contents GENERAL MOTORS CORPORATION AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS (Dollars in millions) June 30, December 31, June 30, 2007 2006 2006 (Unaudited) (Unaudited) (As restated, Note 15) ASSETS Current Assets Cash and cash equivalents $ 22,040 $ 23,774 $ 19,997 Marketable securities 1,573 138 115 Total cash and marketable securities 23,613 23,912 20,112 Accounts and notes receivable, net 10,233 8,216 7,572 Inventories 15,073 13,921 14,496 Assets held for sale 683 — — Equipment on operating leases, net 5,889 6,125 6,891 Deferred income taxes and other current assets 11,518 11,957 10,376 Total current assets 67,009 64,131 59,447 Financing and Insurance Operations Assets Cash and cash equivalents 258 349 2,848 Assets held for sale — — 274,267 Equipment on operating leases, net 9,145 11,794 16,533 Investment in GMAC LLC 7,555 7,523 — Other assets 3,011 2,457 5,857 Total Financing and Insurance Operations Assets 19,969 22,123 299,505 Non−Current Assets Property, net 41,404 41,934 38,639 Deferred income taxes 32,337 32,967 24,382 Prepaid pension 18,305 17,366 37,480 Other assets 7,503 7,671 9,538 Total non−current assets 99,549 99,938 110,039 Total Assets $ 186,527 $ 186,192 $ 468,991 LIABILITIES AND STOCKHOLDERS’ EQUITY (DEFICIT) Current Liabilities Accounts payable (principally trade) $ 30,742 $ 26,931 $ 27,930 Short−term borrowings and current portion of long−term debt 5,150 5,666 1,340 Liabilities related to assets held for sale 526 — — Accrued expenses 35,487 35,225 48,516 Total current liabilities 71,905 67,822 77,786 Financing and Insurance Operations Liabilities Liabilities related to assets held for sale — — 267,925 Debt 7,133 9,438 12,849 Other liabilities and deferred income taxes 855 2,139 2,278 Total Financing and Insurance Operations Liabilities 7,988 11,577 283,052 Non−Current Liabilities Long−term debt 34,134 33,067 32,946 Postretirement benefits other than pensions 48,030 50,086 30,668 Pensions 11,654 11,934 11,498 Other liabilities and deferred income taxes 15,106 15,957 20,014 Total non−current liabilities 108,924 111,044 95,126 Total liabilities 188,817 190,443 455,964 Minority interests 1,268 1,190 1,084 Stockholders’ Equity (Deficit)
Load more

Recommended publications
  • Valencia, Spain)
    ISSN 2255-2707 Edited by Institute for Social, Political and Legal Studies (Valencia, Spain) Honorary Chief Editor Antonio Pérez Martín, University of Murcia Chief Editor Aniceto Masferrer, University of Valencia Assistant Chief Editors Wim Decock, University of Leuven Juan A. Obarrio Moreno, University of Valencia Editorial Board Isabel Ramos Vázquez, University of Jaén (Secretary) José Franco-Chasán, University of Augsburg Fernando Hernández Fradejas, University of Valladolid Anna Taitslin, Australian National University – University of Canberra M.C. Mirow, Florida International University José Miguel Piquer, University of Valencia Andrew Simpson, University of Aberdeen International Advisory Board Javier Alvarado Planas, UNED; Juan Baró Pazos, University of Cantabria; Mary Sarah Bilder, Boston College; Orazio Condorelli, University of Catania; Emanuele Conte, University of Rome III; Daniel R. Coquillette, Boston College – Harvard University; Serge Dauchy, University of Lille; Salustiano de Dios, University of Salamanca; José Domingues, University of Lusíada; Seán Patrick Donlan, The University of the South Pacific; Matthew Dyson, University of Oxford; Antonio Fernández de Buján, University Autónoma de Madrid; Remedios Ferrero, University of Valencia; Manuel Gutan, Lucian Blaga University of Sibiu; Alejandro Guzmán Brito, Pontificial Catholic University of Valparaiso; Jan Hallebeek, VU University Amsterdam; Dirk Heirbaut, Ghent University; Richard Helmholz, University of Chicago; David Ibbetson, University of Cambridge; Emily Kadens,
    [Show full text]
  • General Motors Corporation 2003 Annual Report
    General Motors CorporationGeneral Motors Corporation Annual 2003AnnualReport Report 2003 General Motors Corporation Renaissance Center P.O. Box 300 Detroit, MI 48265-3000 www.gm.com drive: 4000-AR-2003 Contents General Information 2 Letter to Stockholders 44 Management’s Discussion and Analysis 4 Financial Highlights 57 Independent Auditors’ Report 8 Drive: Great products 58 Consolidated Financial Statements Common Stock savings plan participants may enroll at GM Customer Assistance Centers 18 Drive: Design 65 Notes to Consolidated Financial Statements GM common stock, $1-2/3 par value, is listed www.econsent.com/gm. Beneficial stockholders, To request product information or to receive 24 Drive: Markets 96 Board of Directors and Committees on the New York Stock Exchange and on other who hold their GM stock through a broker or assistance with your vehicle, please 32 Drive: Further 98 Officers and Operating Executives exchanges in the United States and around bank, may sign up at www.icsdelivery.com/gm contact the appropriate marketing unit: 38 Drive: Choices IBC General Information the world. if their broker or bank participates in electronic 42 Drive: Commitment Chevrolet: 800-222-1020 delivery. Ticker symbol: GM Pontiac: 800-762-2737 Securities and Institutional Analyst Queries Oldsmobile: 800-442-6537 Annual Meeting GM Investor Relations Buick: 800-521-7300 The GM Annual Meeting of Stockholders will be General Motors Corporation held at 9 a.m. ET on Wednesday, June 2, 2004, Cadillac: 800-458-8006 Mail Code 482-C34-D71 in Wilmington, Delaware. GMC: 800-462-8782 300 Renaissance Center Saturn: 800-553-6000 P. O. Box 300 Stockholder Assistance Detroit, MI 48265-3000 HUMMER: 866-486-6376 Stockholders requiring information about their 313-667-1669 Saab: 800-722-2872 accounts should contact: GM of Canada: 800-263-3777 EquiServe Available Publications GM Mobility: 800-323-9935 General Motors Corporation Annual Report P.
    [Show full text]
  • GAO-14-698, Troubled Asset Relief Program: Government's Exposure
    United States Government Accountability Office Report to Congressional Committees August 2014 TROUBLED ASSET RELIEF PROGRAM Government’s Exposure to Ally Financial Lessens as Treasury’s Ownership Share Declines GAO-14-698 August 2014 TROUBLED ASSET RELIEF PROGRAM Government’s Exposure to Ally Financial Lessens as Treasury’s Ownership Share Declines Highlights of GAO-14-698, a report to congressional committees Why GAO Did This Study What GAO Found As part of its Automotive Industry The Department of the Treasury (Treasury) reduced its ownership stake in Ally Financing Program, funded through the Financial Inc. (Ally Financial) from 74 percent in October 2013, to 16 percent as Troubled Asset Relief Program of June 30, 2014. As shown in the figure below, the pace of Treasury’s reduction (TARP), Treasury provided $17.2 in its ownership share of Ally Financial accelerated in 2013 and corresponds with billion of assistance to Ally Financial two key events. First, in November 2013, the Board of Governors of the Federal (formerly known as GMAC). Ally Reserve System (Federal Reserve) did not object to Ally Financial’s resubmitted Financial is a large financial holding 2013 capital plan, which allowed Ally Financial to repurchase preferred shares company, the primary business of from Treasury and complete a private placement of common shares. Second, in which is auto financing. December 2013 the bankruptcy proceedings of Ally Financial’s mortgage subsidiary, Residential Capital LLC (ResCap), were substantially resolved. The TARP’s authorizing legislation confirmed Chapter 11 plan broadly released Ally Financial from any and all legal mandates that GAO report every 60 claims by ResCap and, subject to certain exceptions, all other third parties, in days on TARP activities.
    [Show full text]
  • U.S. Credit Update – January 4, 2021
    U.S. Credit Update – January 4, 2021 • Travel, Energy and Materials Dominated Q4 Excess Returns • Credit, Equity Divergence in the Energy Sector • The Automotive Industry Looks for a Fast Start to 2021 • Regional Banks in Focus • Total Return & Issuance Recap A Division of Benjamin Breitholtz and Peter Forbes datascience.arborresearch.com 1 Travel, Energy and Materials Dominated Q4 Excess Returns Some of the most distressed industries in the investment grade credit space posted the best performance in the fourth quarter. The imminent return of more ambitious travel fueled the outperformance of airlines, lodging and finance companies (primarily aircraft leasing). The hardest-hit industries in the energy sector, independent energy and oil field services, posted excess returns north of 8% for the quarter. High-flyers aside, materials and manufacturing outshined similar-duration peers as the manufacturing economy reignited. © 2020 Arbor Research & Trading, LLC. All Rights Reserved 12-14-2020 2 Travel, Energy and Materials Dominated Q4 Excess Returns We still have concerns about the growth trajectory in the best performing industries in the energy sector. And there are new uncertainties in the outlook for travel. But we remain confident in the outlook for the industrial and manufacturing economy as a lower-beta bet on global economic momentum. The chart shows 3-month excess returns over benchmark Treasuries for select industries. Metals & mining extended its margin of outperformance throughout December and should see tailwinds in the first quarter. For more, see our recent posts: Global Synchronized Growth on the Horizon Industrial and Precious Metals are Still Heating Up © 2020 Arbor Research & Trading, LLC.
    [Show full text]
  • The Dealership of Tomorrow 2.0: America’S Car Dealers Prepare for Change
    The Dealership of Tomorrow 2.0: America’s Car Dealers Prepare for Change February 2020 An independent study by Glenn Mercer Prepared for the National Automobile Dealers Association The Dealership of Tomorrow 2.0 America’s Car Dealers Prepare for Change by Glenn Mercer Introduction This report is a sequel to the original Dealership of Tomorrow: 2025 (DOT) report, issued by NADA in January 2017. The original report was commissioned by NADA in order to provide its dealer members (the franchised new-car dealers of America) perspectives on the changing automotive retailing environment. The 2017 report was intended to offer “thought starters” to assist dealers in engaging in strategic planning, looking ahead to roughly 2025.1 In early 2019 NADA determined it was time to update the report, as the environment was continuing to shift. The present document is that update: It represents the findings of new work conducted between May and December of 2019. As about two and a half years have passed since the original DOT, focused on 2025, was issued, this update looks somewhat further out, to the late 2020s. Disclaimers As before, we need to make a few things clear at the outset: 1. In every case we have tried to link our forecast to specific implications for dealers. There is much to be said about the impact of things like electric vehicles and connected cars on society, congestion, the economy, etc. But these impacts lie far beyond the scope of this report, which in its focus on dealerships is already significant in size. Readers are encouraged to turn to academic, consulting, governmental and NGO reports for discussion of these broader issues.
    [Show full text]
  • On the Morning of Thursday, January 14, 1926 Fire Broke out in The
    Found on Ancestry.com (Author Unknown) On the morning of Thursday, January 14, 1926 fire broke out in the company’s sanding machine and spread spontaneously through the blowers to different parts of the room. In the few hours that followed, Onaway’s main means of livelihood went up in smoke and although the city still exists, it has never reached the proportion it was on that historical day. With the presence of the American Wood Rim Co. and its sister company, the Lobdell Emerey Manufacturing Co., Onaway experienced tremendous growth in its early year. The big industry, along with the profitable timber business made Onaway the biggest little town in northern Michigan. According to one report, Onaway had two newspapers, three lawyers, four doctors, three large hotels, 17 saloons, nine churches, two bakeries, a fairgrounds, racetrack and an opera house in the pre-fire days. The figure varies, but Onaway’s population was approximately 4,000 and the two huge industries employed anywhere from 1200 to 1500 persons. The Lobdell Emery Manufacturing co. was involved in lumbering, sawmill operations and the making of such products as dowels, broom handles, and coat hanger stock. The American Wood Rim Co., was the world’s largest and finest producer of automobile steering wheels and bicycle rims. For a number of years the company made all the steering wheels with either malleable iron or aluminum spiders. The alumi- num spiders were all molded and finished in the plant while the malleable iron castings were purchased from outside sour- ces. During its last few years in Onaway, the American Wood Rim Co.
    [Show full text]
  • Murder-Suicide Ruled in Shooting a Homicide-Suicide Label Has Been Pinned on the Deaths Monday Morning of an Estranged St
    -* •* J 112th Year, No: 17 ST. JOHNS, MICHIGAN - THURSDAY, AUGUST 17, 1967 2 SECTIONS - 32 PAGES 15 Cents Murder-suicide ruled in shooting A homicide-suicide label has been pinned on the deaths Monday morning of an estranged St. Johns couple whose divorce Victims had become, final less than an hour before the fatal shooting. The victims of the marital tragedy were: *Mrs Alice Shivley, 25, who was shot through the heart with a 45-caliber pistol bullet. •Russell L. Shivley, 32, who shot himself with the same gun minutes after shooting his wife. He died at Clinton Memorial Hospital about 1 1/2 hqurs after the shooting incident. The scene of the tragedy was Mrsy Shivley's home at 211 E. en name, Alice Hackett. Lincoln Street, at the corner Police reconstructed the of Oakland Street and across events this way. Lincoln from the Federal-Mo­ gul plant. It happened about AFTER LEAVING court in the 11:05 a.m. Monday. divorce hearing Monday morn­ ing, Mrs Shivley —now Alice POLICE OFFICER Lyle Hackett again—was driven home French said Mr Shivley appar­ by her mother, Mrs Ruth Pat­ ently shot himself just as he terson of 1013 1/2 S. Church (French) arrived at the home Street, Police said Mrs Shlv1 in answer to a call about a ley wanted to pick up some shooting phoned in fromtheFed- papers at her Lincoln Street eral-Mogul plant. He found Mr home. Shivley seriously wounded and She got out of the car and lying on the floor of a garage went in the front door* Mrs MRS ALICE SHIVLEY adjacent to -• the i house on the Patterson got out of-'the car east side.
    [Show full text]
  • Y Grant SHERIDAN CHEVROLET CADILLAC LTD., PICKERING
    AMËr.- ,. - IHIS TO rloorrrÉ cÈ À LVtá tÈete ee.oz 1 ,4 E TIJEORDER OF L'0RDoit DATED / FAIÎ LÈ Court File No.: CV-14-506635-00CP ßEOISTRAR ONTARIO !uFqnl0ñ 00unr OF JUTTIOI D¡ JUITICE SUPERIOR COURT OF JUSTICE Y Grant BETWEEN: Regis.trar SHERIDAN CHEVROLET CADILLAC LTD., PICKERING AUTO MALL LTD., ANd FADY SAMAHA Plaintiffs -and- DENSO CORPORATION, DENSO INTERNATIONAL AMERICA INC., DENSO MANUFACTURING CANADA, INC., DENSO SALES CANADA, INC., MITSUBA CORPORATION, and AMERICAN MITSUBA CORPORATION Defendants Proceeding under the Clqss Proceedings Ac[ 1992, S.O. 1992, c. C.6 FRESH AS AMENDED STATEMENT OF CLAIM (Fan Motors) TO THE DEFENDANTS: A LEGAL PROCEEDING HAS BEEN COMMENCED AGAINST YOU by the plaintiffs. The claim made against you is set out in the following pages. IF YOU WISH TO DEFEND THIS PROCEEDING, you or an Ontario lawyer acting for you must prepare a statement of defence in Form l8A prescribed by the Rules of Civil Procedure, serve it on the plaintifß' lawyers or, where the plaintiffs do not have a lawyer, serve it on the plaintiffs, and file it, with proof of service, in this court offrce, WITHIN TWENTY DAYS after this statement of claim is served on you, if you are served in Ontario. If you are served in another province or territory of Canada or in the United States of America, the period for serving and filing your statement of defence is forty days. If you are served outside Canada and the United States of America, the period is sixty days. Instead of serving and filing a statement of defence, you may serve and f,rle a notice of intent to defend in Form l8B prescribed by the Rules of Civil Procedure.
    [Show full text]
  • Page: 4 Friday October 3, 2003 Docket
    Page: 4 Friday October 3, 2003 Docket: 01-022Nll-B Comment Date Number Received SubmitterlFirmlSubject _______ 09605 0812912003 LOUIS J. CARLIN 42 0712312003 GENERAL MOTORS (GM) USG 3770 09606 0812912003 LOUIS J. CARLIN 44 04/14/2003 GENERAL MOTORS (GM) USG 3756 09607 0812912003 JAMES P. VONDALE 38 0712412003 FORD MOTOR CO. 09608 0812912003 MICHAEL L. KUNZ 1 03106l2003 AM GENERAL NOTE: 1 PAGE LETTER WITH 2 BLUE PRINTS ATTACHED 09609 0812912003 ROBERT R. SMITH 4 07/07/2003 VERMEER MFG. CO. 096 10 08129l2003 GREG NELSON 5 0711 712003 BUELL AMERICAN MOTORCYCLES 0961 1 0812912003 LEONARD G. ROBINSON 2 0511 312003 PETERSON INDUSTRIES 096 12 08/29/2003 1 0711812003 MILWAUKEE MOTORCYCLE CO. 09613 0812912003 RICH DEMSKI 7 0711 512003 PIERCE MFG. INC. 096 14 0812912003 SUZANNE K. PETERSON 2 06116l2003 POLARIS INDUSTRIES 096 15 0812912003 HUGH T. REESE 1 0312612003 TEAM FENEX 09616 0812912003 1 05/28/2003 SHAFER & SHAFER WELDING 09617 08l2912003 1 06106l2003 IRON EAGLE 09618 08129l2003 1 06130l2003 JOHN PEPPER ENTERPRISES 096 19 08l2912003 1 0612312003 MOUNTAIN WEST 09620 0812912003 1 06/16/2003 BAD ASS CHOPPER GENERAL MOTORS NORTH AMERICA Stucture & Safety integration July 23, 2003 Office of the Administrator National Highway Traffic Safety Administration 400 Seventh Street, SW Washington, DC 20590 Attention: Mr. Coleman Sachs, Chief, Import & Ce I 1 a-a+-J Subject: Initial Release of General Motors Vehicle Identification Number decoding for 2005 Model Year Dear Mr. Sachs: qaw The initial revision of the General Motors Vehicle Identification Numbering (VIN) Standard for 2005 Model Year dated June 2003 is submitted per the VIN reporting requirements of 49 CFR Part 565.7.
    [Show full text]
  • GM End of Lease Guide
    END-OF-LEASE GUIDE GOOD THINGS SHOULD NEVER COME TO AN END. As the end of your current lease with GM Financial draws near, we’d like to thank you for your business, and we hope that you’ve had an excellent driving experience in your General Motors vehicle. To help guide you through the end-of-lease process, we’ve created this step-by- step guide. Or, visit gmfinancial.com/EndofLease. What should you do with your current TABLE OF CONTENTS leased GM vehicle? You have several options from which to choose: Your Lease-End Options 1 • Purchase or lease a new GM vehicle Trade in Your Vehicle 2 • Purchase your current leased vehicle Turn in Your Vehicle 2 • Turn in your leased vehicle Want to continue enjoying the GM driving experience? Select Your Next GM Vehicle 3 GM has many new and exciting models available. Check your mail in the coming weeks because you may become Schedule Your Inspection 4 eligible to receive incentives towards the purchase or lease of a new GM vehicle. Review Your Vehicle’s Condition 6 Frequently Asked Questions 11 What will you be driving this time next year? Contact Us 12 GM is consistently developing new and exciting models for our customers. Visit GM.com to check out Wear-and-Tear Card 13 new vehicles and determine which one fits your needs. YOUR LEASE-END OPTIONS Buick Envision Chevrolet Cruze Cadillac XT5 OPTION 1: OPTION 2: OPTION 3: TURN IN YOUR GM VEHICLE PURCHASE YOUR TURN IN YOUR GM VEHICLE AND PURCHASE OR LEASE LEASED GM VEHICLE Return the vehicle to the GM A NEW GM VEHICLE You can purchase your leased vehicle dealership where it was leased.* Are you ready for your next at any time during your lease period, Remember to bring your GM vehicle? Visit your nearest or you may do so near the end of your owner’s manual, extra set of GM dealer to test drive the lease.
    [Show full text]
  • 2018 Annual Report
    2018 ANNUAL REPORT 2018 ANNUAL REPORT AND FORM 20-F 2 2018 | ANNUAL REPORT 2018 | ANNUAL REPORT 3 Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, or an emerging growth company. See definition of “large accelerated filer,” “accelerated filer,” and emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer Accelerated filer Non-accelerated filer Emerging growth company If an emerging growth company that prepares its financial statements in accordance with U.S. GAAP, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S.
    [Show full text]
  • State of Automotive Technology in PR China - 2014
    Lanza, G. (Editor) Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Shanghai Lanza, G. (Editor); Hauns, D.; Hochdörffer, J.; Peters, S.; Ruhrmann, S.: State of Automotive Technology in PR China - 2014 Institute of Production Science (wbk) Karlsruhe Institute of Technology (KIT) Global Advanced Manufacturing Institute (GAMI) Leading Edge Cluster Electric Mobility South-West Contents Foreword 4 Core Findings and Implications 5 1. Initial Situation and Ambition 6 Map of China 2. Current State of the Chinese Automotive Industry 8 2.1 Current State of the Chinese Automotive Market 8 2.2 Differences between Global and Local Players 14 2.3 An Overview of the Current Status of Joint Ventures 24 2.4 Production Methods 32 3. Research Capacities in China 40 4. Development Focus Areas of the Automotive Sector 50 4.1 Comfort and Safety 50 4.1.1 Advanced Driver Assistance Systems 53 4.1.2 Connectivity and Intermodality 57 4.2 Sustainability 60 4.2.1 Development of Alternative Drives 61 4.2.2 Development of New Lightweight Materials 64 5. Geographical Structure 68 5.1 Industrial Cluster 68 5.2 Geographical Development 73 6. Summary 76 List of References 78 List of Figures 93 List of Abbreviations 94 Edition Notice 96 2 3 Foreword Core Findings and Implications . China’s market plays a decisive role in the . A Chinese lean culture is still in the initial future of the automotive industry. China rose to stage; therefore further extensive training and become the largest automobile manufacturer education opportunities are indispensable.
    [Show full text]