8-KOther Events

General Motors Co 8-K Report, Corporate Update (Jan 7, 2010)

Filed January 7, 2010For Securities:GM

Summary

General Motors Company (GM) filed this 8-K report on January 7, 2010, to correct information previously released on January 5, 2010, regarding their December sales figures. The corrections are minor in nature and primarily involve adjustments to a key executive's title and the duration of a vehicle model's segment leadership. Investors should note that this filing is a correction and does not introduce new material financial information beyond what was initially reported.

Key Highlights

  • 1The 8-K filing is a correction to a prior news release dated January 5, 2010, concerning December sales.
  • 2A correction was made to the title of Susan Docherty, changing it from GM vice president, U.S. Sales to GM vice president, Sales, Service and Marketing.
  • 3Another correction updated the period of segment leadership for the Camaro model from the fifth straight month to the seventh straight month.
  • 4The filing attaches the corrected Sales Release and Charts dated January 5, 2010, as Exhibit 99.1.
  • 5This report does not contain new financial results but rather clarifies previously issued sales information.
  • 6The filing date is January 6, 2010, with the event date of the initial news release being January 5, 2010.
  • 7The report is signed by Nick S. Cyprus, Vice President, Controller and Chief Accounting Officer of General Motors Company.

Frequently Asked Questions

The main purpose of this 8-K filing is to correct minor inaccuracies in a previously issued news release from January 5, 2010, which announced General Motors' December sales figures. It does not present new financial information but clarifies existing data.

Two specific corrections were made: Susan Docherty's title was updated from GM vice president, U.S. Sales to GM vice president, Sales, Service and Marketing, and the period during which the Camaro has been a segment leader was corrected from five months to seven months.

No, this filing does not indicate any changes to GM's financial performance. It is purely a correction of factual details within a sales release and does not alter the underlying sales numbers or financial results.

The corrected sales release and charts, dated January 5, 2010, are attached as Exhibit 99.1 to this Form 8-K filing.