Chevy Volt sales drop to 1,140 in January, Nissan Leaf also falls, to 650

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GM's U.S. Sales Increase 16 Percent in January

2013-02-01

DETROIT – General Motors Co. (NYSE: GM) announced today that it sold 194,699 vehicles in the United States in January, up 16 percent compared with a year ago. Retail sales were up 24 percent. Fleet sales were down 2 percent.

"The year is off to a very good start for General Motors," said Kurt McNeil, vice president of U.S. sales operations. "There's a sense of optimism among our dealers that only comes when you pair a growing economy with great new products. We started to see the benefits in 2012 with vehicles like the Chevrolet Sonic, Cadillac ATS and Buick Verano. Now in 2013, we're entering the sweet spot of our product plan in a growing economy."

Over the course of 2013, Chevrolet will launch the all-new Impala, SS, Silverado and Corvette, as well as the Cruze diesel and Spark EV. Buick is launching the Encore small crossover, followed by redesigns of the Regal and LaCrosse. GMC will launch an all-new Sierra. Cadillac will launch an all-new CTS.

January Highlights

• Total Cadillac sales were up 47 percent, the brand had its highest January retail sales in 23 years and the ATS was named 2013 North American Car of the Year.
• Year-over-year sales were up 32 percent at Buick, 23 percent at GMC and 11 percent at Chevrolet.
• Car sales were up 12 percent compared with a year ago. Truck sales were up 13 percent and crossover sales were up 27 percent.
• Sales of GM's full-size pickups were up 32 percent to 50,230 units and inventories are in-line with the company's sales and production plans for 2013.
• Buick's best-selling vehicles in January were the redesigned Enclave crossover, up 57 percent, and the all-new Verano.
• Combined sales of Chevrolet's mini, small and compact cars surpassed 25,000 units and were up 18 percent.
• Chevrolet Malibu sales have increased each month since November, and were up 8 percent year over year in both total and retail sales.

Highlights	Jan. Total Sales	Change vs. Jan. 2012		Jan. Retail Sales	Change vs. Jan. 2012
Chevrolet	137,304	10.9%		92,394	18.2%
GMC	30,816	23.4%		28,464	31.5%
Buick	13,463	31.9%		12,418	30.4%
Cadillac	13,116	47.0%		12,341	47.4%
Total GM	194,699	15.9%		145,617	23.7%

Inventory	Units @ Jan. 31, 2013	Days Supply (selling day adjusted)	Units @ Dec. 31, 2012	Days Supply (selling day adjusted)
All Vehicles	737,885	95	717,025	76
Full-size Pickups	234,342	117	221,649	80

Industry Sales	Jan. SAAR (est.)	Calendar Year (est.)
Light Vehicles	15.3 million range	15.0 – 15.5 million range

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's brands include Chevrolet and Cadillac, as well as Baojun, Buick, GMC, Holden, Jiefang, Opel, Vauxhall and Wuling. 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.

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.


Nissan Reports U.S. Sales Up 2 Percent in January

• Nissan division led by strong gains by Pathfinder and Sentra records division's best January ever
• Infiniti up on heavy demand for JX, QX

FRANKLIN, Tenn. – Nissan North America, Inc. (NNA) today reported January U.S. sales of 80,919 units versus 79,313 units a year earlier, up 2 percent. Nissan Division sales in January totaled 73,793, up 1.8 percent over the prior year making it the division's best January ever. Sales of Infiniti vehicles were 7,126, an increase of 4.9 percent over last January.

NISSAN HIGHLIGHTS

Pathfinder SUV sales rose 202 percent to 6,281 units, led by the all-new 2013 Pathfinder that went on sale in November.
Sales of the Sentra, led by the all-new 2013 model, totaled 8,979 units, marking an increase of 27 percent year-over-year.
Versa, the industry's leading subcompact, delivered 10,270 sales, up 9 percent versus last year making for its best January ever.
Based on a shortage of inventory during the transition to U.S. assembly of the all-electric 2012 model year Nissan LEAF, the vehicle recorded sales of 650 units in January, down 3.8 percent from the prior year. The 2012 LEAFs are now almost completely sold out, and the upgraded 2013 LEAF will go on sale later this month.

"Nissan's core products that have been refreshed as part of our sweep of five new models in 15 months continue to deliver solid performance," said Al Castignetti, vice president, Nissan Division.

INFINITI HIGHLIGHTS

With a 70.1 percent gain for the month, sales of Infiniti luxury crossovers and sport utility vehicles remained strong.
Infiniti QX sales of 1,168 equaled an increase of 14.5 percent in January.
The all-new Infiniti JX 7-passenger luxury crossover remains a popular new entry, with sales of 1,970 units in January.

"After a strong close in December, we began our sponsorship of NCAA® Men's Basketball in mid-January, which will continue to help drive traffic to our showrooms through the spring," said Ben Poore, vice president, Infiniti Americas. "Sales of Infiniti QX luxury SUV and the Infiniti JX crossover continue to bring new shoppers into our showrooms."

NOTE: To ensure consistency in global sales reporting, Nissan North America calculates monthly variances on a straight-percentage basis, unadjusted for the number of selling days. January had 25 selling days in 2013 and 24 selling days in 2012.

NISSAN DIVISION
	Jan		Jan		Monthly		CYTD		CYTD		CYTD
	2013		2012		% chg		2013		2012		% chg
Nissan Division Total	73,793		72,517		1.8		73,793		72,517		1.8
Versa	10,270		9,418		9.0		10,270		9,418		9.0
Sentra	8,979		7,066		27.1		8,979		7,066		27.1
Cube	536		461		16.3		536		461		16.3
Altima	21,464		22,357		-4.0		21,464		22,357		-4.0
Maxima	2,992		4,001		-25.2		2,992		4,001		-25.2
LEAF	650		676		-3.8		650		676		-3.8
Juke	2,361		2,330		1.3		2,361		2,330		1.3
370Z	331		417		-20.6		331		417		-20.6
GT-R	48		20		140.0		48		20		140.0
Total Car	47,631		46,746		1.9		47,631		46,746		1.9
Frontier	2,624		3,782		-30.6		2,624		3,782		-30.6
Titan	1,394		1,306		6.7		1,394		1,306		6.7
Xterra	997		1,461		-31.8		997		1,461		-31.8
Pathfinder	6,281		2,081		201.8		6,281		2,081		201.8
Armada	1,198		1,402		-14.6		1,198		1,402		-14.6
Rogue	8,951		9,904		-9.6		8,951		9,904		-9.6
Murano	2,996		3,895		-23.1		2,996		3,895		-23.1
Quest	978		1,184		-17.4		978		1,184		-17.4
NV	743		756		-1.7		743		756		-1.7
Total Truck	26,162		25,771		1.5		26,162		25,771		1.5
North American produced	56,942		53,630		6.2		56,942		53,630		6.2
Car	43,705		42,842		2.0		43,705		42,842		2.0
Truck	13,237		10,788		22.7		13,237		10,788		22.7
Import	16,851		18,887		-10.8		16,851		18,887		-10.8
Car	3,926		3,904		0.6		3,926		3,904		0.6
Truck	12,925		14,983		-13.7		12,925		14,983		-13.7
INFINITI DIVISION
	Jan		Jan		Monthly		CYTD		CYTD		CYTD
	2013		2012		% chg		2013		2012		% chg
Infiniti Division Total	7,126		6,796		4.9		7,126		6,796		4.9
G Sedan	2,184		2,957		-26.1		2,184		2,957		-26.1
G Coupe	631		859		-26.5		631		859		-26.5
M	413		700		-41.0		413		700		-41.0
QX56	1,168		1,020		14.5		1,168		1,020		14.5
JX	1,970		0		n/a		1,970		0		n/a
EX	168		318		-47.2		168		318		-47.2
FX	592		942		-37.2		592		942		-37.2
Total Car	3,228		4,516		-28.5		3,228		4,516		-28.5
Total Truck	3,898		2,280		71.0		3,898		2,280		71.0
NISSAN & INFINITI
	Jan		Jan		Monthly		CYTD		CYTD		CYTD
	2013		2012		% chg		2013		2012		% chg
TOTAL VEHICLE	80,919		79,313		2.0		80,919		79,313		2.0
Total Car	50,859		51,262		-0.8		50,859		51,262		-0.8
Total Truck	30,060		28,051		7.2		30,060		28,051		7.2
Selling days	25		24				25		24
* All numbers include Hawaii

About Nissan North America
In North America, Nissan's operations include automotive styling, engineering, consumer and corporate financing, sales and marketing, distribution and manufacturing. Nissan is dedicated to improving the environment under the Nissan Green Program and has been recognized as an ENERGY STAR® Partner of the Year in 2010, 2011, and 2012 by the U.S Environmental Protection Agency. More information on Nissan in North America and the complete line of Nissan and Infiniti vehicles can be found online at www.NissanUSA.com and www.InfinitiUSA.com.

About Nissan
Nissan Motor Co., Ltd., Japan's second largest Japanese automotive company by volume, is headquartered in Yokohama, Japan and is an integral pillar of the Renault-Nissan Alliance. Operating with more than 248,000 employees globally, Nissan provided customers with more than 4.6 million vehicles in 2011. With a strong commitment to developing exciting and innovative products for all, Nissan delivers a comprehensive range of fuel-efficient and low-emissions vehicles under the Nissan and Infiniti brands. A pioneer in zero emission mobility, Nissan made history with the introduction of the Nissan LEAF, the first affordable, mass-market, pure-electric vehicle and winner of numerous international accolades including the prestigious 2011 European Car of the Year award.

For more information on our products, services and commitment to Sustainable Mobility, visit our website at http://www.nissan-global.com/EN/.