General Motors Company · NYSE:GM
General Motors — 2010 Global Business Conference
37 slides from General Motors's conference presentation, Jul 7, 2010
Slide 1: Forward Looking Statements
FORWARD LOOKING STATEMENTS In this presentation 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 exp
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Slide 3: Tom Stephens, Vice Chairman, Global Product Operations
TOM STEPHENS Vice Chairman, Global Product Operations
Slide 4: Steve Girsky, Vice Chairman, Corporate Strategy & Business Development
STEVE GIRSKY Vice Chairman, Corporate Strategy & Business Development
Slide 5: Chris Liddell, Vice Chairman & CFO
CHRIS LIDDELL Vice Chairman & CFO
Slide 6: The New General Motors
THE NEW GENERAL MOTORS THE NEW GENERAL MOTORS World’s Best Vehicles Global Opportunity New Management Approach Financial Flexibility Breakeven at Bottom
Slide 7: World's Best Vehicles
WORLD’S BEST VEHICLES Source: Incentive information based on J.D. Power and Associates Power Information Network Data (Syndicated Report) WORLD’S BEST VEHICLES
Slide 8: Global Opportunity
GLOBAL OPPORTUNITY Top 5 Projected Growth Markets 2009-2014E 13% 20% 3% 10% 19% 8% Source: Growth Markets per Global Insight 2009 GM Market Share per GM 2009 10-K GLOBAL OPPORTUNITY 2009 GM Market Share GM Growth Opportunity 2.6 Million Units
Slide 9: Breakeven at Bottom of Cycle: U.S. Industry
BREAKEVEN AT BOTTOM OF CYCLE U.S. Industry BREAKEVEN AT BOTTOM OF CYCLE
Slide 10: Breakeven at Bottom of Cycle: U.S. Total Auto Sales
BREAKEVEN AT BOTTOM OF CYCLE U.S. Total Auto Sales Peak – Through Swings BREAKEVEN AT BOTTOM OF CYCLE
Slide 11: Financial Flexibility
FINANCIAL FLEXIBILITY 1 Current state reflects GM cash, debt (incl. preferred equity), and pension balances as of 3/31/10 pro forma for pay-down of UST and EDC debt Stron g Investment Grade FINANCIAL FLEXIBILITY CURRENT STATE FUTURE GOAL Stron g Investment Grade
Slide 12: New Management Approach
Speed + Simplicity + Accountability NEW MANAGEMENT APPROACH Speed + Simplicity + Accountability NEW MANAGEMENT APPROACH
Slide 13: 2010 Global Business Conference
Slide 14: Forward Looking Statements
FORWARD LOOKING STATEMENTS In this presentation 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 exp
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Slide 16: Ed Whitacre, Chairman & CEO
ED WHITACRE Chairman & CEO
Slide 17: Tim Lee and Jaime Ardila
TIM LEE JAIME ARDILA President, GM International Operations President, GM South America
Slide 18: GM's Fastest Growing Regions
GM’s fastest growing regions GM’s fastest growing regions
Slide 19: 45% of Global Industry Growth Through 2014 from BRIC Countries
of global automotive industry growth through 2014 to come from BRIC countries 45% Source: Global Insight 2009-2014 of global automotive industry growth through 2014 to come from BRIC countries 45%
Slide 20: Growth Opportunities Within Emerging Markets
GROWTH OPPORTUNITIES WITHIN EMERGING MARKETS China 51% India 2% Other Asia 4% Brazil 17% Other South America 8% Russia 4% Africa 4% Middle East 4% Australia & New Zealand 3% CIS 3% BRIC 74% South America 25% CIS includes: Uzbekistan, Ukraine & Kazakhstan GROWTH OPPORTUNITIES WITHIN EMERGING MARKETS
Slide 21: Three-Prong Product Strategy
THREE-PRONG PRODUCT STRATEGY PARTNER COLLABORATION Chevrolet New Sail Wuling Rong Guang GLOBAL ARCHITECTURES Buick LaCrosse Chevrolet Cruze Chevrolet Aveo RS Chevrolet Spark REGIONAL SOLUTIONS Chevrolet Classic Chevrolet Agile Chevrolet Montana THREE-PRONG PRODUCT STRATEGY
Slide 22: Emerging Markets: Key to GM's Sustainable Growth
Emerging Markets Key to GM’s Sustainable Growth
Slide 23: Nick Reilly, President, GM Europe
NICK REILLY President, GM Europe and Chairman, Management Board of Opel/Vauxhall
Slide 24: Mark James, CFO, Opel/Vauxhall Europe
MARK JAMES Vice President and CFO, Opel/Vauxhall Europe
Slide 25: Turnaround Starts with Excellent Products
TURNAROUND STARTS WITH EXCELLENT PRODUCTS TURNAROUND STARTS WITH EXCELLENT PRODUCTS
Slide 26: Chevrolet Is a Growing Part of European Sales
CHEVROLET IS A GROWING PART OF EUROPEAN SALES CHEVROLET IS A GROWING PART OF EUROPEAN SALES GME 2009 SALES VOLUME
Slide 27: GM Europe Restructuring
GM EUROPE RESTRUCTURING RESTRUCTURING ELEMENTS Antwerp facility closure Other separation savings Employee concessions Other restructuring savings GM EUROPE RESTRUCTURING RESTRUCTURING ELEMENTS Antwerp facility closure Other separation savings Employee concessions Other restructuring savings Lower Br
Slide 28: Industry Growth
INDUSTRY GROWTH Source: Global Insight 15.6M 18.9M 1.9M 3.3M 20% 70% INDUSTRY GROWTH WESTERN & CENTRAL EUROPE EASTERN EUROPE CY 2010 Outlook: CY 2014 Outlook: CY 2010 Outlook: CY 2014 Outlook:
Slide 29: Continued Product Offensive
CONTINUED PRODUCT OFFENSIVE Launches through 2014 Launches through 2014 CONTINUED PRODUCT OFFENSIVE
Slide 30: Product Offensive + Restructuring Measures = Breakeven in 2011
Product Offensive + Restructuring Measures Product Offensive + Restructuring Measures = Breakeven in 2011… Significant profits as markets recover
Slide 31: Mark Reuss, President, GM North America
MARK REUSS President, GM North America
Slide 32: Breakeven Reduced 85%
BREAKEVEN REDUCED 85% BREAKEVEN REDUCED TRANSACTION PRICES LABOR COST CAPACITY UTILIZATION
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Slide 34: U.S. Industry Outlook 2010-2014
U.S. INDUSTRY OUTLOOK 2010 – 2014 12.0M 17.5M 45% Source: Global Insight U.S. INDUSTRY OUTLOOK CY 2010 Outlook: CY 2014 Outlook: PROJECTED GROWTH
Slide 35: Continued Product Offensive
CONTINUED PRODUCT OFFENSIVE CONTINUED PRODUCT OFFENSIVE
Slide 36: U.S. Dealer Strategy
Retain strong performers Strategically align franchise points Support facility improvements Improved sales, share and profitability U.S. DEALER STRATEGY ¶ ¶ ¶ ¶ U.S. DEALER STRATEGY
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