UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549-1004
___________________

FORM 8-K
___________________

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported) January 14, 2015
___________________

GENERAL MOTORS COMPANY
(Exact Name of Registrant as Specified in its Charter)
___________________


DELAWARE
(State or other jurisdiction of
incorporation)
001-34960
(Commission File Number)
27-0756180
(I.R.S. Employer
Identification No.)

300 Renaissance Center, Detroit, Michigan
(Address of Principal Executive Offices)

48265-3000
(Zip Code)

(313) 556-5000
(Registrant's telephone number, including area code)

Not Applicable
(Former name or former address, if changed since last report)

___________________

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
 
 
 
¨
 
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
 
 
 
¨
 
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17-CFR 240.14a-12)
 
 
 
¨
 
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
 
 
 
¨
 
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))







Item 8.01 Other Events

On January 14, 2015, General Motors Company issued a news release announcing 2014 global sales. The release and charts are attached as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits

EXHIBIT

Exhibit
Description
Method of Filing
 
 
 
Exhibit 99.1
2014 Global Sales Release and Charts
Dated January 14, 2015
Attached as Exhibit







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 COMPANY
(Registrant)


 
 
/s/ THOMAS S. TIMKO
Date: January 15, 2015
By:
Thomas S. Timko
Vice President, Controller and Chief Accounting Officer








Exhibit 99.1

For Immediate Release: Wednesday, Jan. 14, 2015
GM Delivers its Second Consecutive Year of Record Global Sales
Record China sales and market share
Global Cadillac sales up 5 percent
Record global Buick sales
Opel/Vauxhall sales outpace the European industry
DETROIT - General Motors Co. (NYSE: GM) is reporting its second consecutive year of record global sales. In 2014, the company and its dealers delivered 9,924,880 vehicles around the world, surpassing by 2 percent the old record set in 2013.
“GM is making solid progress and has good momentum. Our customer focus, the new cars, trucks and crossovers we launched in China and North America, technologies like OnStar with 4GLTE and the revitalization underway at Opel helped us achieve another record year, despite very challenging market conditions in different parts of the world,” said GM CEO Mary Barra.
Among GM’s major launches are the new Opel Corsa, which arrives in European showrooms later this month and the Chevrolet Trax small crossover in the United States, which began arriving in showrooms in December 2014. In addition, GM is increasing U.S. production of the Chevrolet Colorado and GMC Canyon mid-size pickups, which launched late last year. Launches in China include three Chevrolets, two Buicks and two Cadillacs. OnStar is also expanding into Europe and launching 4GLTE service in China.
Deliveries in North America rose 6 percent in 2014 to 3,412,714 units and the company’s estimated market share of 16.9 percent was equal to 2013.
The redesigned full-size pickups and large SUVs introduced by Chevrolet and GMC starting in the second half of 2013, along with the Cadillac Escalade, were major contributors to the company’s success in North America. Dealers delivered almost 1 million units in the United States alone, up 11 percent year over year, which helped drive average transaction prices to a full-year record of nearly $33,900, up about $2,600 from 2013, according to J.D. Power PIN estimates.
Deliveries in China rose 12 percent to a record 3,539,972 and the company’s estimated market share increased 0.6 percentage points to 14.8 percent. Chevrolet, Cadillac, Buick, Wuling and Baojun all set annual sales records.

GM and its joint ventures expanded their lineup with several new and refreshed models in China, including the Buick Envision premium midsize SUV, Chevrolet Trax and Sail 3 family car, Cadillac ATS-L luxury sport sedan and Baojun 730 family vehicle.

Global Sales Highlights (vs. 2013)
Chevrolet sales in China were up 10 percent to a record 717,007 units, sales in the United States were up 4 percent to more than 2 million units and the brand was the market leader in South America. Global sales were down 4 percent, reflecting Chevrolet’s repositioning in Europe and weak industry conditions in a number of the brand’s major markets.





Cadillac increased its sales 5 percent on the strength of a 47 percent increase in China, where sales reached a record 73,500 units.
Buick delivered nearly 1.2 million vehicles, with sales in North America and China both up 13 percent. In the United States, the Buick Encore has become the industry’s best-selling small crossover. On a global basis, the Encore ended 2014 with sales of 138,218 units, up 42 percent.
Opel/Vauxhall delivered almost 1.1 million vehicles in Europe in 2014, and had its highest sales and market share since 2011. Sales in the region were up 3.4 percent, which nearly doubled the industry’s 1.8 percent increase. Sales were up in 16 European countries.
In the United States, Chevrolet and GMC increased their combined share of the retail market for large pickups by a full percentage point to 38.9 percent. The brands’ retail share in the large SUV segment was up 7.8 points to 74.7 percent.

General Motors Co. (NYSE:GM, TSX: GMM) and its partners produce vehicles in 30 countries, and the company has leadership positions in the world's largest and fastest-growing automotive markets. GM, its subsidiaries and joint venture entities sell vehicles under the Chevrolet, Cadillac, Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling brands. More information on the company and its subsidiaries, including OnStar, a global leader in vehicle safety, security and information services, can be found at http://www.gm.com.

# # #
CONTACT:
Jim Cain
GM Communications
313-407-2843
james.cain@gm.com

Forward-Looking Statements    
In this press release and in related comments by our management, our use of the words “expect,” “anticipate,” “possible,” “potential,” “target,” “believe,” “commit,” “intend,” “continue,” “may,” “would,” “could,” “should,” “project,” “projected,” “positioned” or similar expressions is intended to identify forward-looking statements that represent our current judgment about possible future events. We believe these judgments are reasonable, but these statements are not guarantees of any events or financial results, and our actual results may differ materially due to a variety of important factors. Among other items, such factors might include: our ability to realize production efficiencies and to achieve reductions in costs as a result of our restructuring initiatives and labor modifications; our ability to maintain quality control over our vehicles and avoid material vehicle recalls; our ability to maintain adequate liquidity and financing sources and an appropriate level of debt, including as required to fund our planned significant investment in new technology; the ability of our suppliers to timely deliver parts, components and systems; our ability to realize successful vehicle applications of new technology; and our ability to continue to attract new customers, particularly for our new products. GM's most recent annual report on Form 10-K and quarterly reports on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.






 
Q4 '14
 
2014 Calendar Year-to-Date
 
Region
Total Sales
YOY Change
Pct Change
 
Total Sales
YOY Change
Pct Change
 
GM North America
853,629
69,298
8.8%
 
3,412,714
178,938
5.5%
 
GM Europe
297,813
(37,796)
(11.3)%
 
1,256,109
(137,334)
(9.9)%
 
GM South America
235,841
(31,553)
(11.8)%
 
878,075
(159,041)
(15.3)%
 
GM International
206,630
(29,963)
(12.7)%
 
838,010
(59,746)
(6.7)%
 
GM China
958,840
110,881
13.1%
 
3,539,972
379,595
12%
 
Total
2,552,753
80,867
3.3%
 
9,924,880
202,412
2.1%
 
 
 
 
 
 
 
 
 
 
 
Q4 '14
 
2014 Calendar Year-to-Date
 
Top Five Markets
Total Sales
YOY Change
Pct Change
 
Total Sales
YOY Change
Pct Change
 
China
958,840
110,881
13.1%
 
3,539,972
379,595
12%
 
United States
727,120
58,501
8.7%
 
2,935,008
148,930
5.3%
 
Brazil
160,854
(12,671)
(7.3)%
 
578,875
(70,974)
(10.9)%
 
United Kingdom
68,976
421
0.6%
 
304,696
3,741
1.2%
 
Canada
60,513
5,492
10%
 
249,800
14,856
6.3%
 
 
 
 
 
 
 
 
 
 
 
Q4 '14
 
2014 Calendar Year-to-Date
 
Sales by Brand
Total Sales
YOY Change
Pct Change
 
Total Sales
YOY Change
Pct Change
 
Chevrolet
1,227,557
(17,196)
(1.4)%
 
4,787,340
(204,415)
(4.1)%
 
Opel/Vauxhall
263,216
7,063
2.8%
 
1,095,409
31,507
3%
 
Buick
312,043
56,207
22%
 
1,170,089
137,747
13.3%
 
Cadillac
69,202
(2,723)
(3.8)%
 
263,782
12,985
5.2%
 
All Others
680,735
37,516
5.8%
 
2,608,260
224,588
9.4%
 
 
 
 
 
 
 
 
 
 
Notes:
 
 
 
 
 
 
 
 
GM North America = United States, Canada, Mexico, and other North American markets
 
GM Europe = Western, Central and Eastern Europe
 
 
 
 
 
 
GM International = Asia-Pacific, Africa and the Middle East*
 
 
 
 
 
GM China = China
 
 
 
 
 
 
 
 
*Cuba, Iran, North Korea, Syria and Sudan are excluded from sales volume calculations.
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 



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