GM Reports May Sales of 435,495, Up 4 Percent

Trucks Establish New Industry Record For Second Consecutive Month
Full-Size Pickups Up 14.5 Percent and Total Utilities Up 24 percent

DETROIT - General Motors Corp. dealers sold 435,495 new cars and trucks in May in the United States, up 4 percent compared with May 2002. GM's overall truck sales (258,165) were up 13 percent over a year ago, establishing a new industry record for the month. Car sales (177,330) were down 7 percent from the year-ago level.

"May was unique in terms of competitive incentives and cautious consumer attitudes," said John Smith, group vice president of GM North America Vehicle Sales, Service and Marketing. "Still, we're pleased with our sales compared to last month and a year ago and our record sales performance in utility vehicles. In addition, we continue to post strong sales in key areas of our business, including full-size pickups and luxury vehicles -- Cadillac, Saab and HUMMER. Building on these successes, GM intends to grow the quality and quantity of our market share by continuing to offer great values to new vehicle buyers," Smith said.

GM Truck Sales

GM established a new industry truck sales record for May delivering 258,165 units, up 13 percent. GM posted industry record utility vehicle sales for May with 114,899 units, a 25,455-unit increase over the previous record set in May 2002. Medium utilities (54,076) increased 36 percent, driven by increases for GMC Envoy, up 83 percent, and Chevrolet Trailblazer, up 59 percent. GM also posted record May sales for large luxury utilities with 7,830 deliveries. GMC sales were up 16 percent over year-ago levels on the strong sales of the Sierra, up 9 percent, and record utility sales, up 44.5 percent. Chevrolet truck sales were up 10 percent over last year, with Chevrolet full-size pickups improving 16 percent.

GM Car Sales

Despite a decline in overall car sales, GM continued to post strong sales results in May in key segments. GM mid-size passenger car sales increased 16 percent from the previous year driven by record sales of Chevrolet Impala. Saab posted record sales for May (4,702), 13 percent above the year-ago period, the result of strong 9-3 sales, which were up 55 percent from May 2002. Cadillac CTS sales improved 29 percent.

Certified Used Vehicles

GM's industry-leading certified used vehicle program had a solid month in May with approximately 43,636 total certified used vehicle sales, including the Cadillac, Saturn and Saab certified brands. The GM Certified Used Vehicle brand alone sold 36,394 vehicles, which is 28 percent higher than last year. "Our certified used program had another very good month," Smith said. "We continue to widen our lead in the industry each month and are confident that we will maintain that leadership position."

GM Announces May Production Results, Revised Q2 and Initial Q3 2003 Production Forecasts

In May, GM North America produced 491,000 vehicles (200,000 cars and 291,000 trucks), compared with 552,500 vehicles (244,000 cars and 308,500 trucks) produced in May 2002. (Production totals include joint venture production of 12,500 vehicles in May and 11,900 vehicles in May 2002.)

GM's revised 2003 second-quarter production forecast for North America is 1.37 million vehicles (540,000 cars and 830,000 trucks), down 20,000 vehicles from last month's guidance of 1.39 million units. This reduction is attributed to production lost at GM's Oklahoma City assembly plant as a result of extensive tornado damage on May 8. Regular production is scheduled to resume on June 30. In the second quarter of 2002, GM North America built 1.553 million vehicles (688,000 cars, 865,000 trucks).

GM's initial 2003 third-quarter production forecast for North America is 1.225 million units (499,000 cars and 726,000 trucks), down approximately 6 percent from 2002 third-quarter production of 1.307 million units (567,000 cars and 740,000 trucks). This forecast includes previously unplanned production scheduled at Oklahoma City during GM's annual two-week summer shutdown.

GM also announced current 2003 second-quarter production forecasts and initial third-quarter production forecasts for its international regions:

GM Europe - The region's current second-quarter production forecast is 489,000 vehicles, up 1,000 vehicles from last month's forecast. GM Europe built 453,000 vehicles in the second-quarter of 2002. The region's initial third-quarter production forecast is 423,000 vehicles. GM Europe built 408,000 vehicles in the third quarter of 2002.

GM Asia Pacific - GM Asia Pacific's revised second-quarter forecast is 84,000 vehicles, up 2,000 vehicles from last month's forecast of 82,000. GM Asia Pacific built 74,000 vehicles in the second quarter of 2002. The region's initial third-quarter production forecast is 103,000 vehicles. In the third quarter of 2002, the region built 87,000 vehicles.

GM Latin America, Africa and the Middle East - The region's second-quarter production forecast is 135,000 units, down 14,000 vehicles from last month's guidance. The region built 141,000 vehicles in the second quarter of 2002. The region's initial third quarter production forecast is 157,000 vehicles. The region built 132,000 vehicles in the third-quarter of 2002.

General Motors Corp. , the world's largest vehicle manufacturer, employs 342,000 people globally in its core automotive business and subsidiaries. Founded in 1908, GM has been the global automotive sales leader since 1931. GM today has manufacturing operations in 32 countries and its vehicles are sold in more than 190 countries. In 2002, GM sold more than 8.6 million cars and trucks, nearly 15 percent of the global vehicle market. GM's global headquarters is at the GM Renaissance Center in Detroit. More information on GM and its products can be found on the company's consumer website 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, our use of the words "expect," "anticipate," "estimate," "forecast," "objective," "plan," "goal" and similar expressions is intended to identify forward looking statements. While these statements represent our current judgment on what the future may hold, and we believe these judgments are reasonable, actual results may differ materially due to numerous important factors that are described in GM's most recent report on SEC Form 10-K (at page 11-15, 16) which may be revised or supplemented in subsequent reports on SEC Forms 10-Q and 8-K. Such factors include, among others, the following: changes in economic conditions, currency exchange rates or political stability; shortages of fuel, labor strikes or work stoppages; market acceptance of the corporation's new products; significant changes in the competitive environment; changes in laws, regulations and tax rates; and, the ability of the corporation to achieve reductions in cost and employment levels to realize production efficiencies and implement capital expenditures at levels and times planned by management.

	May			Calendar Year-to-Date January - May
Curr S/D: 27 Prev S/D: 26	2003	2002	% Chg per S/D	2003	2002	%Chg
Vehicle Total	435,495	403,036	4.1	1,854,592	1,955,280	-5.1
Car Total	177,330	183,566	-7.0	787,311	844,566	-6.8
Truck Total	258,165	219,470	13.3	1,067,281	1,110,714	-3.9
Light Truck Total	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
Light Vehicle Total	431,540	399,171	4.1	1,838,501	1,938,412	-5.2
Market Division Vehicle Total
Buick	30,126	32,934	-11.9	138,804	150,817	-8.0
Cadillac	16,171	15,158	2.7	80,386	69,934	14.9
Chevrolet	250,383	219,787	9.7	1,024,432	1,101,816	-7.0
GMC	52,422	43,493	16.1	210,488	215,990	-2.5
HUMMER	2,960	45	**.	14,482	227	**.
Oldsmobile	13,231	10,462	21.8	56,722	67,377	-15.8
Other - Isuzu	1,182	1,265	-10.0	5,147	5,596	-8.0
Pontiac	38,540	47,344	-21.6	182,198	215,841	-15.6
Saab	4,702	4,002	13.1	20,554	16,577	24.0
Saturn	25,778	28,546	-13.0	121,379	111,105	9.2
Sales of Domestically Produced Vehicles
Car	172,628	179,554	-7.4	766,742	827,782	-7.4
Light Truck	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
Twenty-seven selling days for the May period this year and twenty-six for last year.
* American Isuzu Motors, Inc., dealer sales of commercial vehicles distributed by General Motors Corporation as reported to General Motors by American Isuzu Motors, Inc.

2-1P GM Car Deliveries - (United States) May 2003
	(1) May			Calendar Year-to-Date January - May
	2003	2002	%Chg per S/D	2003	2002	%Chg
Selling Days (S/D)	27	26
Century	5,988	11,424	-49.5	44,237	52,496	-15.7
LeSabre	11,538	12,858	-13.6	42,805	50,552	-15.3
Park Avenue	2,992	3,451	-16.5	11,249	12,926	-13.0
Regal	3,262	1,655	89.8	10,639	10,350	2.8
Riviera	0	0	**.	0	0	**.
Buick Total	23,780	29,388	-22.1	108,930	126,324	-13.8
Catera	0	10	**.	15	207	-92.8
CTS	4,651	3,473	29.0	21,358	11,237	90.1
DeVille	4,866	5,188	-9.7	28,184	27,909	1.0
Eldorado	11	680	-98.4	179	3,055	-94.1
Seville	1,773	1,524	12.0	9,494	8,967	5.9
Cadillac Total	11,301	10,875	0.1	59,230	51,375	15.3
Camaro	93	2,901	-96.9	839	13,980	-94.0
Cavalier	23,504	29,542	-23.4	94,133	114,898	-18.1
Corvette	2,441	3,049	-22.9	14,674	12,899	13.8
Impala	29,298	13,451	109.7	112,570	78,903	42.7
Lumina	0	5	**.	15	29	-48.3
Malibu	14,846	11,051	29.4	65,259	66,661	-2.1
Metro	0	1	**.	1	12	-91.7
Monte Carlo	5,568	4,478	19.7	25,849	24,952	3.6
Prizm	0	1,997	**.	16	10,826	-99.9
Chevrolet Total	75,750	66,475	9.7	313,356	323,160	-3.0
Alero	10,092	5,519	76.1	43,223	39,508	9.4
Aurora	319	1,154	-73.4	1,964	4,556	-56.9
Cutlass	0	0	**.	0	0	**.
Eighty Eight	0	0	**.	0	0	**.
Intrigue	87	1,201	-93.0	583	7,119	-91.8
Oldsmobile Total	10,498	7,874	28.4	45,770	51,183	-10.6
Bonneville	2,327	2,410	-7.0	11,296	13,428	-15.9
Firebird	100	2,102	-95.4	710	10,072	-93.0
Grand Am	11,314	13,639	-20.1	55,002	67,141	-18.1
Grand Prix	8,938	10,664	-19.3	41,031	53,453	-23.2
Sunfire	3,754	9,405	-61.6	15,154	34,203	-55.7
Vibe	5,361	3,333	54.9	28,521	8,448	237.6
Pontiac Total	31,794	41,553	-26.3	151,714	186,745	-18.8
9-3	3,658	2,267	55.4	15,281	10,625	43.8
9-5	1,044	1,735	-42.1	5,273	5,952	-11.4
Saab Total	4,702	4,002	13.1	20,554	16,577	24.0
ION	10,132	0	**.	44,158	0	**.
Saturn L Series	8,945	8,756	-1.6	37,368	35,250	6.0
Saturn S Series	428	14,643	-97.2	6,231	53,952	-88.5
Saturn Total	19,505	23,399	-19.7	87,757	89,202	-1.6
GM Total	177,330	183,566	-7.0	787,311	844,566	-6.8
GM Car Deliveries by Production Source
GM North America *	172,628	179,554	-7.4	766,742	827,782	-7.4
GM Import	4,702	4,012	12.9	20,569	16,784	22.6
GM Total	177,330	183,566	-7.0	787,311	844,566	-6.8
GM Car Deliveries by Production Source and Marketing Division
Buick Total	23,780	29,388	-22.1	108,930	126,324	-13.8
Cadillac Total	11,301	10,865	0.2	59,215	51,168	15.7
Chevrolet Total	75,750	66,475	9.7	313,356	323,160	-3.0
Oldsmobile Total	10,498	7,874	28.4	45,770	51,183	-10.6
Pontiac Total	31,794	41,553	-26.3	151,714	186,745	-18.8
Saturn Total	19,505	23,399	-19.7	87,757	89,202	-1.6
GM North America Total*	172,628	179,554	-7.4	766,742	827,782	-7.4
Cadillac Total	0	10	**.	15	207	-92.8
Saab Total	4,702	4,002	13.1	20,554	16,577	24.0
GM Import Total	4,702	4,012	12.9	20,569	16,784	22.6
GM Vehicle Deliveries by Marketing Division
Buick Total	30,126	32,934	-11.9	138,804	150,817	-8.0
Cadillac Total	16,171	15,158	2.7	80,386	69,934	14.9
Chevrolet Total	250,383	219,787	9.7	1,024,432	1,101,816	-7.0
GMC Total	52,422	43,493	16.1	210,488	215,990	-2.5
HUMMER Total	2,960	45	**.	14,482	227	**.
Oldsmobile Total	13,231	10,462	21.8	56,722	67,377	-15.8
Other-Isuzu Total	1,182	1,265	-10.0	5,147	5,596	-8.0
Pontiac Total	38,540	47,344	-21.6	182,198	215,841	-15.6
Saab Total	4,702	4,002	13.1	20,554	16,577	24.0
Saturn Total	25,778	28,546	-13.0	121,379	111,105	9.2
GM Total	435,495	403,036	4.1	1,854,592	1,955,280	-5.1
* Includes US/Canada/Mexico

3-1P GM Truck Deliveries - (United States) May 2003
	(1) May			Calendar Year-to-Date January - May
	2003	2002	% Chg per S/D	2003	2002	%Chg
Selling Days (S/D)	27	26
Rendezvous	6,346	3,546	72.3	29,874	24,493	22.0
Total Buick	6,346	3,546	72.3	29,874	24,493	22.0
Escalade	2,861	3,027	-9.0	12,631	13,821	-8.6
Escalade ESV	1,116	0	**.	4,613	0	**.
Escalade EXT	893	1,256	-31.5	3,912	4,738	-17.4
Total Cadillac	4,870	4,283	9.5	21,156	18,559	14.0
Astro	5,063	5,371	-9.2	19,347	23,073	-16.1
C/K Suburban(Chevy)	11,318	10,395	4.8	44,682	53,866	-17.0
Chevy C/T Series	67	547	-88.2	451	2,470	-81.7
Chevy P Models & Mtr Hms	0	0	**.	0	0	**.
Chevy W Series	176	212	-20.1	895	1,048	-14.6
Express Cutaway/G Cut	1,804	1,659	4.7	7,117	7,775	-8.5
Express Panel/G Van	6,238	5,596	7.3	25,751	26,817	-4.0
Express/G Sportvan	1,682	1,866	-13.2	6,811	7,736	-12.0
Kodiak 4/5 Series	708	74	821.3	2,894	106	**.
Kodiak 6/7/8 Series	273	0	**.	883	0	**.
S/T Blazer	5,257	9,388	-46.1	21,976	51,894	-57.7
S/T Pickup	13648	14,391	-8.7	57086	67,091	-14.9
Tahoe	19,138	17,108	7.7	70,744	81,650	-13.4
Tracker	3,290	3,836	-17.4	14,546	17,260	-15.7
TrailBlazer	25,708	15,596	58.7	99,960	90,162	10.9
Venture	8,184	7,430	6.1	38,081	36,134	5.4
Avalanche	8,730	6,421	30.9	34,439	37,404	-7.9
Silverado-C/K Pickup	63,349	53,422	14.2	265,413	274,170	-3.2
Chevrolet Fullsize Pickups	72,079	59,843	16.0	299,852	311,574	-3.8
Chevrolet Total	174,633	153,312	9.7	711,076	778,656	-8.7
C/K Suburban(GMC)	0	0	**.	0	0	**.
Envoy	12,729	6,711	82.6	47,924	36,080	32.8
GMC C/T Series	107	1,487	-93.1	963	5,911	-83.7
GMC W Series	488	247	90.3	1,817	1,691	7.5
P Models & Mtr Hms(GMC)	0	0	**.	0	0	**.
S/T Jimmy	0	89	**.	52	774	-93.3
Safari (GMC)	903	1,220	-28.7	4,611	6,184	-25.4
Savana Panel/G Classic	1,761	2,095	-19.1	7,454	8,341	-10.6
Savana Special/G Cut	1,061	1,151	-11.2	4,486	4,402	1.9
Savana/Rally	307	206	43.5	1,293	970	33.3
Sierra	17,709	15,699	8.6	75,070	79,593	-5.7
Sonoma	3,429	4,227	-21.9	13,710	18,033	-24.0
Topkick 4/5 Series	494	33	**.	1,697	46	**.
Topkick 6/7/8 Series	460	0	**.	1,344	0	**.
Yukon	7,318	5,661	24.5	28,266	29,781	-5.1
Yukon XL	5,656	4,667	16.7	21,801	24,184	-9.9
GMC Total	52,422	43,493	16.1	210,488	215,990	-2.5
HUMMER H1	49	45	4.9	277	227	22.0
HUMMER H2	2,911	0	**.	14,205	0	**.
HUMMER Total	2,960	45	**.	14,482	227	**.
Bravada	965	867	7.2	3,897	6,970	-44.1
Silhouette	1,768	1,721	-1.1	7,055	9,224	-23.5
Oldsmobile Total	2,733	2,588	1.7	10,952	16,194	-32.4
Other-Isuzu F Series	161	148	4.8	675	768	-12.1
Other-Isuzu N Series	1,021	1,117	-12.0	4,472	4,828	-7.4
Other-Isuzu Total	1,182	1,265	-10.0	5,147	5,596	-8.0
Aztek	3,071	2,105	40.5	14,382	11,372	26.5
Montana	3,675	3,686	-4.0	16,102	17,724	-9.2
Pontiac Total	6,746	5,791	12.2	30,484	29,096	4.8
VUE	6,273	5,147	17.4	33,622	21,903	53.5
Saturn Total	6,273	5,147	17.4	33,622	21,903	53.5
GM Total	258,165	219,470	13.3	1,067,281	1,110,714	-3.9
GM TRUCK Deliveries by Production Source
GM North America *	256,838	218,195	13.4	1,061,591	1,104,739	-3.9
GM Import	1,327	1,275	0.2	5,690	5,975	-4.8
GM Total	258,165	219,470	13.3	1,067,281	1,110,714	-3.9
GM Light Duty Truck Deliveries by Production Source
GM North America *	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
GM Import	0	0	**.	0	0	**.
GM Total	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
GM TRUCK Deliveries by Production Source and Marketing Division
Buick Total	6,346	3,546	72.3	29,874	24,493	22.0
Cadillac Total	4,870	4,283	9.5	21,156	18,559	14.0
Chevrolet Total	174,531	153,186	9.7	710,478	777,956	-8.7
GMC Total	52,050	43,346	15.6	209,099	214,909	-2.7
HUMMER Total	2,960	45	**.	14,482	227	**.
Oldsmobile Total	2,733	2,588	1.7	10,952	16,194	-32.4
Other-Isuzu Total	329	263	20.5	1,444	1,402	3.0
Pontiac Total	6,746	5,791	12.2	30,484	29,096	4.8
Saturn Total	6,273	5,147	17.4	33,622	21,903	53.5
GM North America Total*	256,838	218,195	13.4	1,061,591	1,104,739	-3.9
Chevrolet Total	102	126	-22.0	598	700	-14.6
GMC Total	372	147	143.7	1,389	1,081	28.5
Other-Isuzu Total	853	1,002	-18.0	3,703	4,194	-11.7
GM Import Total	1,327	1,275	0.2	5,690	5,975	-4.8
GM Light Truck Deliveries by Production Source and Marketing Division
Buick Total	6,346	3,546	72.3	29,874	24,493	22.0
Cadillac Total	4,870	4,283	9.5	21,156	18,559	14.0
Chevrolet Total	173,409	152,479	9.5	705,953	775,032	-8.9
GMC Total	50,873	41,726	17.4	204,667	208,342	-1.8
HUMMER Total	2,960	45	**.	14,482	227	**.
Oldsmobile Total	2,733	2,588	1.7	10,952	16,194	-32.4
Pontiac Total	6,746	5,791	12.2	30,484	29,096	4.8
Saturn Total	6,273	5,147	17.4	33,622	21,903	53.5
GM North America Total*	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
GM Light Truck Deliveries by Marketing Division
Buick Total	6,346	3,546	72.3	29,874	24,493	22.0
Cadillac Total	4,870	4,283	9.5	21,156	18,559	14.0
Chevrolet Total	173,409	152,479	9.5	705,953	775,032	-8.9
GMC Total	50,873	41,726	17.4	204,667	208,342	-1.8
HUMMER Total	2,960	45	**.	14,482	227	**.
Oldsmobile Total	2,733	2,588	1.7	10,952	16,194	-32.4
Pontiac Total	6,746	5,791	12.2	30,484	29,096	4.8
Saturn Total	6,273	5,147	17.4	33,622	21,903	53.5
GM Total	254,210	215,605	13.5	1,051,190	1,093,846	-3.9
* Includes US/Canada/Mexico