GM Announces Significant Production Cuts for Q1 '09

Moves In Direct Response to Rapidly Deteriorating Market Conditions

DETROIT - General Motors announced Friday a significant reduction of planned production for the first quarter of 2009 due to the ongoing and severe drop in industry sales, which were down 36 percent in November overall and 41 percent for GM (2007 vs. 2008). The impact of these and recently announced actions to adjust production with market demand, will result in the temporary idling of approximately 30 percent of GM's North American assembly plant volume during the first quarter of 2009 and will remove approximately 250,000 units from production.

The speed and severity of the U.S. auto market's decline has been unprecedented in recent weeks as consumers reel from the collapse of the financial markets and the resulting lack of credit for vehicle financing.

The following U.S., Canada and Mexico operations impacted by today's announcement include:

U.S.:

Ft. Wayne (Ind.) - Chevy Silverado, GMC Sierra Light Duty Regular and 
Extended Cab

Flint Assembly (Mich.) - Chevy Silverado, GMC Sierra Heavy Duty Regular and 
Crew Cab & Medium Duty

Wentzville (Mo.) - Chevy Express, GMC Savanna

Lansing Delta Township (Mich.) - Buick Enclave, GMC Acadia, Saturn Outlook

Pontiac Assembly (Mich.) - Chevy Silverado, GMC Sierra Heavy Duty 
Extended Cab

Spring Hill (Tenn.) - Chevy Traverse

Fairfax Assembly (Kan.) - Chevrolet Malibu/Hybrid, Saturn Aura/Hybrid

Arlington Assembly (Texas) - Full Size SUVs: Chevy Suburban, 
Tahoe & Tahoe Hybrid, GMC Yukon, Yukon XL & Yukon Hybrid, 
Cadillac Escalade/Escalade ESV & Escalade Hybrid

Lansing Grand River (Mich.) - Cadillac STS & CTS

Orion (Mich.) - Chevy Malibu, Pontiac G6

Detroit-Hamtramck (Mich.) - Buick Lucerne, Cadillac DTS

Shreveport (La.) - Chevy Colorado, GMC Canyon, Hummer H3 & H3T

Bowling Green (Ky.) - Chevy Corvette, Cadillac XLR

Wilmington (Del.) - Pontiac Solstice, Saturn Sky, Opel GT

Canada:

Oshawa Consolidated - Chevy Impala

Oshawa Truck - Chevy Silverado, GMC Sierra Light Duty Extended and Crew Cab
CAMI - Chevy Equinox, Pontiac Torrent

Mexico:

Silao - Chevy Silverado, GMC Sierra Light Duty Crew Cab, Chevy Avalanche, 
Cadillac Escalade EXT

Ramos 2 - Chevy HHR, Saturn VUE, Chevy Captiva

San Luis Potosi - Chevy Aveo, Pontiac G3

As a result of these assembly plant actions, GM will also continue to assess its powertrain and stamping capacity needs and make adjustments as appropriate.