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Business Description
General Motors Corporation (GM) participates in the automotive industry through the activities of General Motors Automotive, which consists of four regions: GM North America (GMNA), GM Europe (GME), GM Latin America/Africa/Mid-East (GMLAAM) and GM Asia Pacific (GMAP). GMNA designs, manufactures and/or markets vehicles, primarily in North America under the following nameplates: Chevrolet, Pontiac, GMC, Oldsmobile, Buick, Cadillac, Saturn and Hummer. GME, GMLAAM and GMAP meet the demands of customers outside North America with vehicles under the following nameplates: Opel, Vauxhall, Holden, Saab, Buick, Chevrolet, GMC and Cadillac. GM's Financing and Insurance Operations primarily relate to General Motors Acceptance Corporation. It provides consumer vehicle financing, automotive dealership and other commercial financing, residential and commercial mortgage services, automobile service contracts, personal automobile insurance coverage and selected commercial insurance coverage.

Financial Information
For the six months ended 6/30/04, revenues rose 4% to $96.83 billion. Net income from continuing operations rose 8% to $2.62 billion. Results reflect higher GMA revenue, due to increased GMLAAM, GME and FIO sales, reduced SG&A costs and lower income tax incurred.