GM Announces New Marketing Program to Kick off 2003

January 3, 2003

GM Announces New Marketing Program to Kick off 2003

DETROIT - General Motors Corp. today announced its newest retail marketing program, covering most 2003 model year vehicles. Effective January 3 and continuing through February 28, GM is offering customer cash rebates of up to $3,000 on most Buick, Chevrolet, GMC, Oldsmobile and Pontiac 2003 models.

GM will also offer 0.0% APR finance rates for qualified buyers on most '03 passenger car models. Excluded from these programs are Cadillac, HUMMER, Saab and Chevrolet Corvette.

"This new marketing program will allow us to kick off the new year and continue our sales momentum," said John Smith, group vice president of GM North America Vehicle Sales, Service and Marketing. "Our marketing program in January will remain strong and encourage shoppers to see for themselves the great value in GM's broad lineup of new cars and trucks."

Following are terms for GM's 2003 Models (for qualified buyers)
(January 3 through February 28, 2003):

0.0/0.0/0.0% 36/48/60 or $3,000 cash Buick Century Buick Regal Buick LeSabre Buick Park Avenue Buick Rendezvous Chevrolet Impala Chevrolet Malibu Chevrolet Monte Carlo Chevrolet Venture GMC Sonoma Oldsmobile Alero Oldsmobile Aurora Oldsmobile Silhouette Pontiac Aztek Pontiac Bonneville Pontiac Grand Am Pontiac Grand Prix Pontiac Montana Saturn L-Series 0.0/0.0/0.0/1.9% 36/48/60/72 Saturn Ion 0.0/2.9/3.9% 36/48/60 Saturn Vue 0.0/0.0/0.0/1.9% 36/48/60/72 or $3,000 cash Chevrolet Cavalier Chevrolet S-10 Pickup Chevrolet Tracker Pontiac Sunfire 0.0/0.0/0.0/1.9% 36/48/60/72 or $2,000 cash Pontiac Vibe

0.0/0.0/0.0% 36/48/60 or $2,000 cash Chevrolet Blazer Chevrolet TrailBlazer EXT GMC Envoy XL 0.0/1.9/2.9% 36/48/60 or $2,000 cash Chevrolet Astro Chevrolet Avalanche Chevrolet Express Chevrolet Silverado Chevrolet Suburban Chevrolet Tahoe Chevrolet TrailBlazer GMC Envoy GMC Safari GMC Savana GMC Sierra GMC Yukon GMC Yukon XL Oldsmobile Bravada C4500 (Topkick and Kodiak) 5.9/5.9/5.9% 36/48/60 Cadillac CTS Cadillac DeVille Cadillac Eldorado Cadillac Escalade Cadillac Escalade EXT

General Motors , the world's largest vehicle manufacturer, designs, builds and markets cars and trucks worldwide, and has been the global automotive sales leader since 1931. GM employs about 355,000 people around the world. GM cars and trucks are sold under the following brands: Chevrolet, Pontiac, Buick, Oldsmobile, Cadillac, GMC, Saturn, Hummer, Saab, Opel, Vauxhall and Holden. GM parts and accessories are marketed under the GM, GM Goodwrench and ACDelco brands through GM Service and Parts Operations. More information on GM can be found at www.gm.com.