Slide 1: General Motors Company June 5, 2014
General Motors Company June 5, 2014 Exhibit 99.1
Slide 2: 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,” “appears,” “projected,” “positioned,” “o
Slide 3: Anton Valukas Investigation Summary
Anton Valukas Investigation Summary 2 • Report is extremely thorough, brutally tough and deeply troubling • Conducted more than 350 interviews and reviewed over 41 million documents • Report highlights a company that operated in silos; individuals seemingly looking for reasons not to act, instead of
Slide 4: GM Actions
GM Actions 3 • Created new position of Vice President Global Vehicle Safety • Added 35 safety investigators… more than doubled resources • Launched an employee “Speak Up for Safety” program • Created new Global Product Integrity organization • Senior management to be at the center of restructured re
Slide 5: GM Recalls
GM Recalls 4 • Our work to ensure customer safety and redoubled efforts have resulted in increased recalls • Redoubled efforts expected to be substantially completed by end of Q2 – Additional recall-related charges possible in Q2, that could be material, but unknown until we have completed our work
Slide 6: Compensation Program
Compensation Program 5 • GM intends to implement compensation program for ignition switch recall – Simply the right thing to do • Kenneth Feinberg to serve as independent program administrator – Highly regarded expert in this area • Program to include: – ~ 1.6 million 2003-2007 MY recalled vehicles
Slide 7: GM Business Update
GM Business Update 6 • GMNA – Appears no meaningful impact on sales due to ignition switch recalls – U.S. average transaction prices (ATP) at record prices • Up ~$2,700/unit CYTD vs. prior year * – Continue to expect U.S. light vehicle industry outlook of 16.0-16.5 million • GMIO – China… focused on
Slide 8: GM Business Update (continued)
GM Business Update (continued) 7 • GMSA – Expect weaker performance vs. prior year primarily due to challenges in Venezuela, but core underlying performance is improving • GME – Economic situation in Western Europe continues to improve; plan to introduce 27 new Opel models & 17 engines 2014 through
Slide 9: GM Business Update (continued)
GM Business Update (continued) 8 • GM Financial – Origination volume on plan for year • GMF’s share of GM’s financing activity increasing – Credit performance remains favorable – Access to capital markets remains robust • Total GM – Expect EBIT-Adj., excluding recalls, in the second half of the year