SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549-1004
FORM 8-K/A
CURRENT REPORT PURSUANT TO SECTION 13 OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report
(Date of earliest event reported) January 9, 2003
GENERAL MOTORS CORPORATION
(Exact name of registrant as specified in its charter)
STATE OF DELAWARE | 1-143 | 38-0572515 | |||
(State or other jurisdiction of incorporation) |
(Commission File Number) | (I.R.S. Employer Identification No.) |
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300 Renaissance Center, Detroit, Michigan | 48265-3000 | ||||
(Address of principal executive offices) | (Zip Code) |
Registrants telephone number, including area code (313)-556-5000
ITEM 9. REGULATION FD DISCLOSURE
Forward Looking Information relating to General Motors Corporation (GM) financial objectives for 2003:
The following slides were changed subsequent to the 8-K filing on January 9, 2003 where GM outlined their objectives for 2003.
GMAC U.S. Auto New and Used Retail Loans Average Gross Loss per Unit with a Loss New Used Severity of loss has increased reflecting weaker used car market 1997 1998 1999 2000 2001 2002 Preliminary $5,195 $4,670 $7,703 $6,433 |
GMAC U.S. Auto New and Used Retail Credit Scoring Good to Bad Ratio x:1 5.7 9.0 15.4 15.8 12.8 14.0 19.1 18.8 1995 1996 1997 1998 1999 2000 2001 2002 Preliminary Memo Approximately 65% of contracts gone bad result in some loss |
GMAC Serviced Assets and Funding Y-E Funding Y-E Serviced Assets 120 138 161 184 218 244 98 113 134 149 167 192 Serviced Assets $ Billions 1997 1998 1999 2000 2001 2002 Preliminary |
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
GENERAL MOTORS CORPORATION | |||||||
(Registrant) | |||||||
Date | January 10, 2003 | ||||||
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By | /s/ Peter R. Bible | ||||||
(Peter R. Bible, Chief Accounting Officer) |