2. Contents
2 Letter to Stockholders 44 Management’s Discussion and Analysis
4 Financial Highlights 57 Independent Auditors’ Report
8 Drive: Great products 58 Consolidated Financial Statements
18 Drive: Design 65 Notes to Consolidated Financial Statements
24 Drive: Markets 96 Board of Directors and Committees
32 Drive: Further 98 Officers and Operating Executives
38 Drive: Choices IBC General Information
42 Drive: Commitment
3. Here’s what’s new
about GM’s strategy this year:
Nothing.
Our 2003 plan is the same as 2002.
We’re getting better, year by year.
More new products than ever and
the most exciting lineup in our history.
Working more as one global company than
ever. More solid financially.
And more determined than ever
to be the best.
Our drive remains strong.
We are never satisfied, never complacent;
always moving, always forward.
General Motors Corporation 1
4. General Motors Corporation
Renaissance Center
P.O. Box 300
Detroit, MI 48265-3000
www.gm.com
4000-AR-2003