Archive for the ‘Uncategorized’ Category.

he all-new 2009 Acura TSX sports sedan has earned the Insurance Institute for Highway Safety (IIHS) TOP SAFETY PICK and 5-Star safety ratings in all governmental crash tests performed by the National Highway Traffic Safety Administration (NHTSA*), Acura announced today. A 5-Star rating is NHTSA’s highest safety rating and TOP SAFETY PICK is IIHS’ top rating reserved only for vehicles that achieve GOOD ratings in all of its crash tests.

American Honda announces the beginning of the 2009 model year with the arrival of a number of favorite models for both on-road and off-road use. This first group of 2009 machines includes the ever-popular dirt-going CRF50F, CRF70F, CRF80F and CRF100F, the perfect starter bikes for beginning riders. Also within this group of first-release bikes are the thrifty Metropolitan and Ruckus scooters, the ideal around-town rides for people intent on ratcheting down the expense of running errands.

Chevrolet car retail sales increase of 24 Percent: Malibu up 129 Percent and Cobalt up 27 percent compared with last June

The all-new 2009 Acura TSX sports sedan has earned the Insurance Institute for Highway Safety (IIHS) TOP SAFETY PICK and 5-Star safety ratings in all governmental crash tests performed by the National Highway Traffic Safety Administration (NHTSA*), Acura announced today. A 5-Star rating is NHTSA’s highest safety rating and TOP SAFETY PICK is IIHS’ top rating reserved only for vehicles that achieve GOOD ratings in all of its crash tests.

“With every Acura vehicle we build, passenger safety is paramount throughout the entire design process,” said Dick Colliver, executive vice president of sales. “The all-new TSX combines strong power, excellent handling and compelling design.”

The 2009 TSX received 5-Star ratings in NCAP frontal crash, SINCAP side crash and Rollover Resistance tests placing it in the top of its class. The TSX joins an elite group of vehicles– including the 2009 Acura RL luxury performance sedan –that received top NHTSA ratings. The 2009 TSX also received the prestigious GOOD (the best possible) rating in IIHS Frontal Offset, Side Impact and Rear Crash Protection tests from the Insurance Institute for Highway Safety (IIHS).

The TSX’s NHTSA and IIHS ratings are a direct result of Acura’s “Safety Through Innovation” initiative that is based on the brand’s commitment to leadership in safety. The initiative’s goal is to provide a high level of occupant protection and injury mitigation to pedestrians in all Acura vehicles, as well as increased crash compatibility with other vehicles, regardless of size or price.

The 2009 TSX includes as standard equipment Acura’s Advanced Compatibility Engineering™ (ACE™) front body structure along with a host of other standard safety equipment including Vehicle Stability Assist™, anti-lock braking system (ABS), dual-stage/dual-threshold front airbags, side airbags with passenger side Occupant Position Detection System, Active Front Head Restraints, an automatic tensioning system and load limiters for the front seatbelts, Tire Pressure Monitoring System (TPMS) and Daytime Running Lights (DRL).

Acura offers a full line of technologically advanced performance luxury vehicles through a network of 270 dealers within the United States. The 2009 Acura lineup features five distinctive models including the RL luxury performance sedan, the TL performance luxury sedan, the TSX sports sedan, the turbocharged RDX crossover SUV and the award-winning MDX luxury sport utility vehicle.

GM Reports 265,937 Deliveries in June

 

  • Chevrolet car retail sales increase of 24 Percent: Malibu up 129 Percent and Cobalt up 27 percent compared with last June
  • Pontiac retail sales up 14 percent driven by G6 up 27 percent, Vibe up 24 percent, G5 and Solstice up 6 percent
  • Saturn retail sales up 9 percent with Vue up 100 percent, Sky up 66 percent and Aura up 45 percent
  • Hybrid sales continue to grow with more than 1,100 delivered in June
  • GM market share estimated 2 points above May and up slightly compared with June 2007

DETROIT – GM today announced June sales results, highlighted by an 8 percent rise in retail car sales and continued strong performance in crossovers. Despite the significant decline of industry market volume and the limited availability of some of GM’s most popular models, GM dealers in the United States delivered 265,937 vehicles in June, down 8 percent (18.5 percent unadjusted). Truck sales declined 6 percent.

“We’re doing all we can to meet customer demand for our popular crossovers and cars, including increasing overtime or adding Saturday shifts at the plants where we build the Malibu, Aura, G6, Enclave, Outlook, Acadia and our full-size vans,” said Mark LaNeve, vice president, GM North America Vehicle Sales, Service and Marketing. “Hybrid demand and availability continues to build, and we’re seeing really positive momentum with the Chevrolet Tahoe and GMC Yukon 2-mode hybrids. While the truck market continues to be impacted by the sudden rise in fuel prices, our offerings from Chevrolet, GMC and Cadillac continue to lead their respective segments in fuel economy and that is a decided advantage for those shopping for those vehicles. We expect our market share performance to be very strong compared with April and May.”

Chevrolet Malibu total sales were up 95 percent with retail sales up 129 percent, Cobalt sales were up 37 percent total and 27 percent retail, HHR was up 39 percent total and 70 percent retail, Equinox was up 64 percent total and 42 percent retail, while Suburban and Tahoe were both up in total sales – 13 and 1 percent respectively.

Pontiac retail sales were up 14 percent led by G6 up 27 percent, Vibe up 24 percent, G5 and Solstice were up 6 percent compared with June 2007.

The Saturn division had strong sales in June with Sky total sales up 62 percent, Aura up 41 percent and Vue up 40 percent. The Astra had sales of nearly 900 vehicles.

Cadillac had a strong performance with CTS total sales increasing 31 percent and a retail increase of 10 percent compared with the same month a year ago. SRX and STS both had 26 percent total sales increases.

GM’s popular crossover Buick Enclave, GMC Acadia and Saturn Outlook together accounted for more than 8,800 vehicle sales in the month as demand for the vehicles continues to strain available supply.

GM hybrid vehicles continue to gain in popularity in the marketplace with 547 hybrid Chevrolet Tahoe and GMC Yukon 2-mode SUVs delivered. There were 295 Chevrolet Malibu, 30 Saturn Aura and 277 Vue hybrids sold in June. For the month, a total of 1,149 hybrid vehicles were delivered, with 4,376 hybrids sold so far this year.

“Make no mistake about this … Asian automakers do not have a monopoly on fuel efficient vehicles. We have a full lineup of vehicles – including five hybrid models — that provide industry-leading value, great fuel economy and the best warranty coverage of any full-line automaker,” LaNeve added. “Every month, more and more customers are choosing our brands when shopping for a high value, fuel efficient vehicle.”

GM has aggressively managed inventories to low levels. In June, only about 788,000 vehicles were in stock, down about 267,000 vehicles compared with last June. The 72 Hour Sale at the end of June was targeted at the 2008 vehicles left in inventory. Combined full-size pickup and utility inventory is down about 124,000 vehicles compared with June a year ago. The sale helped rebalance inventory to a stronger car mix. There were about 238,000 cars and 550,000 trucks in inventory at the end of June. GM also revised its 2008 industry annual sales forecast to approximately 15.0 million total vehicle SAAR, down from the mid-15 million total vehicle SAAR range estimated earlier this year. The continuing impact of higher fuel prices and lack of robust economic growth led to the revision.

Certified Used Vehicles

June 2008 sales for all certified GM brands, including GM Certified Used Vehicles, Cadillac Certified Pre-Owned Vehicles, Saturn Certified Pre-Owned Vehicles, Saab Certified Pre-Owned Vehicles, and HUMMER Certified Pre-Owned Vehicles, were 41,857 vehicles, down nearly 9 percent from June 2007. Year-to-date sales are 256,543 vehicles, down 6 percent from the same period last year.

GM Certified Used Vehicles, the industry’s top-selling certified brand, posted June sales of 36,445 vehicles, down 10 percent from a strong June 2007 sales performance. Cadillac Certified Pre-Owned Vehicles sold 3,270 vehicles, up 5 percent. Saturn Certified Pre-Owned Vehicles sold 1,168 vehicles, down 21 percent. Saab Certified Pre-Owned Vehicles sold 841 vehicles, up 10 percent, and HUMMER Certified Pre-Owned Vehicles sold 133 vehicles, up 37 percent.

“The Cadillac, Saab and HUMMER Certified Pre-Owned Vehicle programs posted solid sales increases in June, while GM Certified Used Vehicles continued its sales leadership in the category,” said LaNeve. “We expect growing consumer consideration in coming months for the value and peace-of-mind assurances that come standard on all certified GM vehicles.”

GM North America Reports June and Second-Quarter 2008 Production; Third-Quarter Production Forecast Revised to 900,000 Vehicles

In June, GM North America produced 342,000 vehicles (136,000 cars and 206,000 trucks). This is down 62,000 vehicles or 15 percent compared with June 2007 when the region produced 404,000 vehicles (142,000 cars and 262,000 trucks). (Production totals include joint venture production of 16,000 vehicles in June 2008 and 21,000 vehicles in June 2007.) For the second quarter, GM produced 835,000 vehicles (381,000 cars and 454,000 trucks). This is down 307,000 vehicles or 27 percent compared with the second quarter 2007 when the region produced 1,142,000 vehicles (402,000 cars and 740,000 trucks).

The GM North America third-quarter production forecast of 900,000 vehicles (456,000 cars and 444,000 trucks) is down about 12 percent compared with a year ago, due to recent production adjustments that will reduce the number of trucks produced by about 209,000 and increase the number of cars by about 89,000. GM North America built 1.020 million vehicles (367,000 cars and 653,000 trucks) in the third-quarter of 2007.

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found 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, we use words like “expect,” “anticipate,” “estimate,” “forecast,” “objective,” “plan,” “goal” and similar expressions to identify forward-looking statements, representing our current judgment about possible future events. We believe these judgments are reasonable, but actual results may differ materially due to a variety of important factors. Among other items, such factors might include: the pace of introductions and market acceptance of new products; the effect of competition on our markets and significant changes in the competitive environment; price increases or shortages of fuel; and changes in laws, regulations or tax rates. GM’s most recent annual report on Form 10-K and quarterly report on Form 10-Q provide information about these factors, which may be revised or supplemented in future reports to the SEC on Form 10-Q or 8-K.

# # #

*S/D Curr: 24*
S/D Prev: 27
June
(Calendar Year-to-Date)
January - June
2008
2007
% Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Vehicle Total
265,937
326,300
-18.5
-8.3
1,604,942
1,922,762
-16.5
Car Total
109,224
138,351
-21.1
-11.2
689,507
760,262
-9.3
Light Truck Total
153,105
182,317
-16.0
-5.5
899,728
1,137,458
-20.9
Light Vehicle Total
262,329
320,668
-18.2
-8.0
1,589,235
1,897,720
-16.3
Truck Total
156,713
187,949
-16.6
-6.2
915,435
1,162,500
-21.3
GM Vehicle Deliveries by Marketing Division
2008
2007
%Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Buick Total
9,631
16,519
-41.7
-34.4
71,163
90,183
-21.1
Cadillac Total
14,337
16,647
-13.9
-3.1
88,709
97,691
-9.2
Chevrolet Total
159,998
186,474
-14.2
-3.5
964,665
1,141,796
-15.5
GMC Total
30,713
40,457
-24.1
-14.6
197,220
241,202
-18.2
HUMMER Total
2,072
5,093
-59.3
-54.2
16,158
27,108
-40.4
**Other-Isuzu Total
0
1,380
***.*
***.*
0
6,733
***.*
Pontiac Total
28,402
33,683
-15.7
-5.1
152,754
175,425
-12.9
Saab Total
1,872
4,361
-57.1
-51.7
12,068
17,003
-29.0
Saturn Total
18,912
21,686
-12.8
-1.9
102,205
125,621
-18.6
GM Vehicle Total
265,937
326,300
-18.5
-8.3
1,604,942
1,922,762
-16.5
GM Car Deliveries by Marketing Division
2008
2007
%Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Buick Total
6,534
10,810
-39.6
-32.0
48,825
62,316
-21.6
Cadillac Total
8,568
10,444
-18.0
-7.7
58,637
57,390
2.2
Chevrolet Total
57,868
71,274
-18.8
-8.7
387,916
404,694
-4.1
Pontiac Total
26,140
31,435
-16.8
-6.4
140,733
159,772
-11.9
Saab Total
1,710
3,818
-55.2
-49.6
10,152
14,302
-29.0
Saturn Total
8,404
10,570
-20.5
-10.6
43,244
61,788
-30.0
GM Car Total
109,224
138,351
-21.1
-11.2
689,507
760,262
-9.3
GM Light Truck Deliveries by Marketing Division
2008
2007
%Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Buick Total
3,097
5,709
-45.8
-39.0
22,338
27,867
-19.8
Cadillac Total
5,769
6,203
-7.0
4.6
30,072
40,301
-25.4
Chevrolet Total
100,912
113,770
-11.3
-0.2
570,624
729,153
-21.7
GMC Total
28,323
37,635
-24.7
-15.3
187,638
230,842
-18.7
HUMMER Total
2,072
5,093
-59.3
-54.2
16,158
27,108
-40.4
Pontiac Total
2,262
2,248
0.6
13.2
12,021
15,653
-23.2
Saab Total
162
543
-70.2
-66.4
1,916
2,701
-29.1
Saturn Total
10,508
11,116
-5.5
6.3
58,961
63,833
-7.6
GM Light Truck Total
153,105
182,317
-16.0
-5.5
899,728
1,137,458
-20.9
* Twenty-four selling days (S/D) for the June period this year and twenty-seven for the last year.
** Prior to Aug ‘07, includes American Isuzu Motors, Inc., dealer deliveries of commercial vehicles distributed by GM as reported to GM by American Isuzu Motors Inc.
Effective Aug ‘07, GM only includes GMC & Chevrolet dealer deliveries of commercial vehicles distributed by American Isuzu Motors, Inc.

CARS

June
(Calendar Year-to-Date)
January - June
2008
2007
% Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Selling Days (S/D)
24
27
24
27
Century
0
0
***.*
***.*
0
5
***.*
LaCrosse
2,651
3,814
-30.5
-21.8
21,170
23,121
-8.4
LaSabre
0
0
***.*
***.*
0
121
***.*
Lucerne
3,883
6,996
-44.5
-37.6
27,655
39,043
-29.2
Park Avenue
0
0
***.*
***.*
0
26
***.*
Buick Total
6,534
10,810
-39.6
-32.0
48,825
62,316
-21.6
CTS
4,626
3,988
16.0
30.5
31,990
23,952
33.6
DeVille
0
0
***.*
***.*
0
71
***.*
DTS
2,235
4,868
-54.1
-48.3
16,208
22,849
-29.1
STS
1,590
1,418
12.1
26.1
9,711
9,509
2.1
XLR
117
170
-31.2
-22.6
728
1,009
-27.8
Cadillac Total
8,568
10,444
-18.0
-7.7
58,637
57,390
2.2
Aveo
4,511
5,615
-19.7
-9.6
30,482
30,995
-1.7
Cavalier
0
0
***.*
***.*
0
57
***.*
Classic
0
0
***.*
***.*
0
17
***.*
Cobalt
20,888
17,180
21.6
36.8
114,250
96,437
18.5
Corvette
2,082
3,055
-31.8
-23.3
14,954
17,758
-15.8
Impala
16,671
35,849
-53.5
-47.7
138,952
180,390
-23.0
Malibu
13,650
7,872
73.4
95.1
88,575
67,499
31.2
Monte Carlo
56
1,698
-96.7
-96.3
690
11,313
-93.9
SSR
10
5
100.0
125.0
13
228
-94.3
Chevrolet Total
57,868
71,274
-18.8
-8.7
387,916
404,694
-4.1
Bonneville
0
0
***.*
***.*
0
130
***.*
G5
2,566
2,463
4.2
17.2
12,491
13,004
-3.9
G6
14,620
10,892
34.2
51.0
85,682
69,955
22.5
G8
1,536
0
***.*
***.*
6,270
0
***.*
Grand Am
0
0
***.*
***.*
0
99
***.*
Grand Prix
812
11,820
-93.1
-92.3
6,947
46,455
-85.0
GTO
33
406
-91.9
-90.9
52
3,487
-98.5
Solstice
1,688
1,882
-10.3
0.9
6,881
9,078
-24.2
Sunfire
0
0
***.*
***.*
0
39
***.*
Vibe
4,885
3,972
23.0
38.4
22,410
17,525
27.9
Pontiac Total
26,140
31,435
-16.8
-6.4
140,733
159,772
-11.9
9-2X
2
26
-92.3
-91.3
3
118
-97.5
9-3
1,442
3,185
-54.7
-49.1
8,631
11,918
-27.6
9-5
266
607
-56.2
-50.7
1,518
2,266
-33.0
Saab Total
1,710
3,818
-55.2
-49.6
10,152
14,302
-29.0
Astra
888
0
***.*
***.*
4,365
0
***.*
Aura
5,897
4,694
25.6
41.3
32,938
27,229
21.0
ION
38
4,779
-99.2
-99.1
307
28,347
-98.9
Saturn L Series
0
0
***.*
***.*
0
2
***.*
Sky
1,581
1,097
44.1
62.1
5,634
6,210
-9.3
Saturn Total
8,404
10,570
-20.5
-10.6
43,244
61,788
-30.0
GM Car Total
109,224
138,351
-21.1
-11.2
689,507
760,262
-9.3

TRUCKS

June
(Calendar Year-to-Date)
January - June
2008
2007
% Chg Volume
%Chg per S/D
2008
2007
%Chg Volume
Selling Days (S/D)
24
27
24
27
Enclave
2,986
3,659
-18.4
-8.2
21,757
5,564
291.0
Rainier
9
374
-97.6
-97.3
105
3,720
-97.2
Rendezvous
10
944
-98.9
-98.8
22
14,328
-99.8
Terraza
92
732
-87.4
-85.9
454
4,255
-89.3
Buick Total
3,097
5,709
-45.8
-39.0
22,338
27,867
-19.8
Escalade
2,216
2,484
-10.8
0.4
12,328
16,809
-26.7
Escalade ESV
1,098
1,283
-14.4
-3.7
5,854
7,874
-25.7
Escalade EXT
399
601
-33.6
-25.3
2,401
4,021
-40.3
SRX
2,056
1,835
12.0
26.0
9,489
11,597
-18.2
Cadillac Total
5,769
6,203
-7.0
4.6
30,072
40,301
-25.4
Astro
0
0
***.*
***.*
0
25
***.*
C/K Suburban (Chevy)
5,549
5,546
0.1
12.6
27,921
38,547
-27.6
Chevy C/T Series
43
27
59.3
79.2
148
144
2.8
Chevy W Series
108
315
-65.7
-61.4
951
1,500
-36.6
Colorado
5,842
6,946
-15.9
-5.4
32,351
41,211
-21.5
Equinox
7,411
5,080
45.9
64.1
42,101
41,683
1.0
Express Cutaway/G Cut
1,092
1,909
-42.8
-35.6
6,714
9,152
-26.6
Express Panel/G Van
3,794
7,306
-48.1
-41.6
26,810
37,205
-27.9
Express/G Sportvan
2,727
1,696
60.8
80.9
7,751
9,071
-14.6
HHR
11,126
8,999
23.6
39.1
50,818
46,353
9.6
Kodiak 4/5 Series
758
882
-14.1
-3.3
4,050
4,985
-18.8
Kodiak 6/7/8 Series
309
206
50.0
68.8
976
1,320
-26.1
S/T Blazer
0
0
***.*
***.*
0
7
***.*
Tahoe
10,426
11,564
-9.8
1.4
52,193
71,114
-26.6
TrailBlazer
10,516
8,202
28.2
44.2
40,633
62,487
-35.0
Uplander
5,490
7,240
-24.2
-14.7
33,711
32,810
2.7
Venture
0
0
***.*
***.*
0
25
***.*
Avalanche
2,649
4,327
-38.8
-31.1
18,301
28,567
-35.9
Silverado-C/K Pickup
34,290
44,955
-23.7
-14.2
231,320
310,896
-25.6
Chevrolet Fullsize Pickups
36,939
49,282
-25.0
-15.7
249,621
339,463
-26.5
Chevrolet Total
102,130
115,200
-11.3
-0.3
576,749
737,102
-21.8
Acadia
4,197
7,006
-40.1
-32.6
38,269
35,270
8.5
Canyon
1,761
2,094
-15.9
-5.4
8,684
11,360
-23.6
Envoy
2,012
3,294
-38.9
-31.3
12,959
21,491
-39.7
GMC C/T Series
67
114
-41.2
-33.9
287
594
-51.7
GMC W Series
208
460
-54.8
-49.1
1,438
2,316
-37.9
Safari (GMC)
0
0
***.*
***.*
0
13
***.*
Savana Panel/G Classic
1,137
1,621
-29.9
-21.1
5,221
7,501
-30.4
Savana Special/G Cut
518
1,177
-56.0
-50.5
5,917
5,895
0.4
Savana/Rally
76
119
-36.1
-28.2
658
908
-27.5
Sierra
12,409
15,187
-18.3
-8.1
83,174
99,293
-16.2
Topkick 4/5 Series
1,761
1,889
-6.8
4.9
5,684
5,178
9.8
Topkick 6/7/8 Series
354
359
-1.4
10.9
2,173
2,272
-4.4
Yukon
3,814
4,240
-10.0
1.2
19,855
29,128
-31.8
Yukon XL
2,399
2,897
-17.2
-6.8
12,901
19,983
-35.4
GMC Total
30,713
40,457
-24.1
-14.6
197,220
241,202
-18.2
HUMMER H1
0
5
***.*
***.*
12
82
-85.4
HUMMER H2
417
945
-55.9
-50.4
3,753
5,899
-36.4
HUMMER H3
1,655
4,143
-60.1
-55.1
12,393
21,127
-41.3
HUMMER Total
2,072
5,093
-59.3
-54.2
16,158
27,108
-40.4
Other-Isuzu F Series
0
153
***.*
***.*
0
914
***.*
Other-Isuzu H Series
0
3
***.*
***.*
0
58
***.*
Other-Isuzu N Series
0
1,224
***.*
***.*
0
5,761
***.*
Other-Isuzu Total
0
1,380
***.*
***.*
0
6,733
***.*
Aztek
0
0
***.*
***.*
0
25
***.*
Montana
0
0
***.*
***.*
0
26
***.*
Montana SV6
32
140
-77.1
-74.3
64
1,013
-93.7
Torrent
2,230
2,108
5.8
19.0
11,957
14,589
-18.0
Pontiac Total
2,262
2,248
0.6
13.2
12,021
15,653
-23.2
9-7X
162
543
-70.2
-66.4
1,916
2,701
-29.1
Saab Total
162
543
-70.2
-66.4
1,916
2,701
-29.1
Outlook
1,625
3,869
-58.0
-52.7
13,060
16,563
-21.1
Relay
15
139
-89.2
-87.9
149
1,048
-85.8
VUE
8,868
7,108
24.8
40.4
45,752
46,222
-1.0
Saturn Total
10,508
11,116
-5.5
6.3
58,961
63,833
-7.6
GM Truck Total
156,713
187,949
-16.6
-6.2
915,435
1,162,500
-21.3

The 2009 Ford Escape, equipped with a new 2.5-liter four-cylinder engine, six-speed automatic transmission and front-wheel drive, delivers best-in-class fuel economy in the small SUV segment with 28 highway/20 city mpg.

DETROIT – GM Certified Used Vehicles, the industry’s top-selling manufacturer-certified used vehicle brand*, today announced a nationwide GMAC rate incentive program on select GM Certified Used Vehicles, including Chevrolet Impala and Malibu models.

The new rate incentive offer, effective July 1, 2008, through September 30, 2008, provides well-qualified GM Certified Used Vehicles buyers with 2.9% APR financing for terms up to 48 months, or 3.9% APR financing for terms up to 60 months from GMAC Financial Services on 2003-2008 models of Chevrolet Impala and Malibu** vehicles purchased from participating GM Certified Used Vehicles dealers.

Well-qualified customers also can receive GMAC 4.9% APR financing for terms up to 60 months on 2003-2008 models of Chevrolet Trailblazer, Tahoe** and Suburban; GMC Envoy, Yukon** and Yukon XL; Pontiac G6; and Buick Lacrosse vehicles at participating GM Certified Used Vehicles dealers.

“In these challenging economic times, value-conscious shoppers can receive new vehicle-like finance rates on some of our most popular GM Certified models,” said Paul Pejza, manager, GM Certified Used Vehicles. “The purchase of a GM Certified Used Vehicle provides them the peace-of-mind assurances and outstanding value that come with purchasing a fully inspected and reconditioned used car or truck backed by the dealer and General Motors.”

A monthly payment at 2.9% APR financing for 48 months is $22.09 for every $1,000 financed. A monthly payment at 3.9% APR financing for 60 months is $18.37 for every $1,000 financed. A monthly payment at 4.9% APR financing for 60 months is $18.83 for every $1,000 financed. Average example down payment is 10 percent. Some customers will not qualify. Not available with other offers. Customers must take delivery from participating GM Certified Used Vehicles dealers by September 30, 2008. See dealer for details.

Consumers can go to www.gmcertified.com to find out more about GM Certified Used Vehicles, locate the closest GM Certified dealer, or search the industry’s largest available certified pre-owned inventory, with 60,000-plus vehicles in inventory.

About GM Certified Used Vehicles

GM Certified Used Vehicles, the auto industry’s number-one selling manufacturer-certified brand*, are high-quality, reconditioned vehicles, available at participating Buick, Chevrolet, Pontiac and GMC dealers. All models are six years old or newer, have 60,000 miles or less, are reconditioned to stringent GM Certified Used Vehicles quality standards and must undergo a rigorous 117-point inspection and reconditioning process. All GM Certified Used Vehicles are supported by a fully transferable five-year/100,000-mile powertrain limited warranty with no deductible (whichever comes first from vehicle’s original in-service date), a three-month/3,000-mile bumper-to-bumper (whichever comes first) comprehensive limited warranty extension, a three-day/150-mile customer satisfaction guarantee, and 24-hour roadside assistance and courtesy transportation during the term of the powertrain warranty. See dealer for details. For more information about GM Certified Used Vehicles, visit www.gmcertified.com.

About General Motors

General Motors Corp. (NYSE: GM), the world’s largest automaker, has been the annual global industry sales leader for 77 years. Founded in 1908, GM today employs about 266,000 people around the world. With global headquarters in Detroit, GM manufactures its cars and trucks in 35 countries. In 2007, nearly 9.37 million GM cars and trucks were sold globally under the following brands: Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, HUMMER, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. More information on GM can be found at www.gm.com.

* Autodata Corp., U.S. Certified Pre-Owned Vehicle Retail Sales – 2007