General Motors Co - FORM 8-K - EX-99.1 - GLOBAL BUSINESS CONFERENCE PRESENTATIONS DATED JUNE 29, 2010

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Exhibit 99.1

LOGO

For Release: June 29, 2010

GM Hosts Global Business Conference for the Financial Community

Senior leaders provide in-depth overview of the new company’s global business

and offer hands-on driving experience in GM’s great new vehicles

DETROIT – The new General Motors today hosted a group of approximately 200 members of the financial community and other stakeholders at its first annual Global Business Conference at GM’s Technical Center in Warren, Michigan. The event was the first of its kind since the launch of the new company in July 2009.

The conference featured an in-depth review of GM’s global business, with updates by Chairman and CEO Ed Whitacre, Vice Chairman Steve Girsky, Vice Chairman and CFO, Chris Liddell, and GM’s regional presidents. Vice Chairman of Global Product Operations Tom Stephens provided a review of GM’s global product portfolio, and an early preview of some upcoming products, including the next generations of the popular Opel Insignia, Chevrolet Malibu, and Cadillac CTS.

Whitacre kicked off the conference by sharing his perspective on how he sees the company today, the progress it has made, and the opportunities ahead for GM.

“We’re not reintroducing GM today, we’re introducing a new GM, because we are a new and much different company than we were 12 months ago,” Whitacre said. “We’re creating a new GM – one that truly is different. We have a simplified focus on designing, building, and selling the world’s best vehicles. We’re producing first-rate cars and trucks that customers are buying around the world. We have a new management team that ‘gets it’ and is executing well.”

Tim Lee, president of GM’s International Operations; Jamie Ardila, president of GM South America; Nick Reilly, president of GM Europe and chairman of the management board of Opel/Vauxhall; Vice President and CFO of Opel/Vauxhall Europe, Mark James; and Mark Reuss, president of GM North America, gave a market-by-market assessment of the company’s progress.

By closely managing the business at the regional level, with specific focus on the trends in local markets, and by leveraging GM’s global capability, the company is well positioned to take advantage of anticipated growth in the global auto market.

A highlight of the day was an extensive ride-and-drive for the guests, which featured virtually all of GM’s current U.S. models from its Chevrolet, Buick, GMC, and Cadillac brands, including the all-new Chevrolet Cruze and the Chevrolet Volt extended-range electric vehicle.

Girsky shared his perspectives on how GM is operating differently today, and what global market challenges still lie ahead, including further market fragmentation and new vehicle market volatility, and outlined how GM is addressing these challenges and aligning the company to take full advantage of opportunities ahead.

Liddell concluded the day by summarizing the importance of GM’s global resources and financial strength in stabilizing and growing the business. He reinforced GM’s commitment to communicating in an open and consistent manner, and to keeping the focus on the key factors that are important to the business and its stakeholders.

“Today’s event gave us a unique opportunity to highlight the fundamental changes we’re making at GM. With global growth potential in both mature and emerging markets, a dramatically lower break-even level in North America, actions underway to restructure Europe, and a much stronger balance sheet, we are making the changes needed for long-term success,” Liddell said.

An audio replay and accompanying presentation charts are available on GM’s Investor Relations website at www.gm.com/corporate/investor_information/cal_events.

# # #

About General Motors:

General Motors, one of the world’s largest automakers, traces its roots back to 1908. With its global headquarters in Detroit, GM employs 205,000 people in every major region of the world and does business in some 157 countries. GM and its strategic partners produce cars and trucks in 31 countries, and sell and service these vehicles through the following brands: Buick, Cadillac, Chevrolet, FAW, GMC, Daewoo, Holden, Jiefang, Opel, Vauxhall and Wuling. GM’s largest national market is the United States, followed by China, Brazil, Germany, the United Kingdom, Canada, and Italy. GM’s OnStar subsidiary is the industry leader in vehicle safety, security and information services. General Motors acquired operations from General Motors Corporation on July 10, 2009, and references to prior periods in this and other press materials refer to operations of the old General Motors Corporation. More information on the new General Motors can be found at 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 planning significant investment in new technology; our ability to realize successful vehicle applications of new technology; and our ability to comply with the continuing requirements related to U.S. and other government support.

GM’s most recent annual report on Form 10-K and quarterly report on Form 10-Q provides information about these and other factors, which we may revise or supplement in future reports to the SEC.

Contacts:

Reneé Rashid-Merem

Office 313.665.3128

Cell 313.701.8560

renee.rashid-merem@gm.com

Randy Arickx

Office 313.667.0006

Cell 313.268.7070

randy.c.arickx@gm.com

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,” “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 planning significant investment in new technology; our

ability to realize successful vehicle applications of new technology; and our ability to comply

with the continuing requirements related to U.S. and other government support.

GM's most recent annual report on Form 10-K and quarterly report on Form 10-Q provides

information about these and other factors, which we may revise or supplement in future

reports to the SEC.

TOM STEPHENS

Vice Chairman, Global Product Operations

STEVE GIRSKY

Vice Chairman, Corporate Strategy & Business Development

CHRIS LIDDELL

Vice Chairman & CFO

THE NEW GENERAL MOTORS

World’s

Best

Vehicles

Global

Opportunity

New

Management

Approach

Financial

Flexibility

Breakeven

at Bottom

WORLD’S BEST VEHICLES

Source:

Incentive

information

based

J.D.

Power

and

Associates

Power

Information

Network

Data

(Syndicated

Report)

GLOBAL OPPORTUNITY

Top 5 Projected Growth Markets

2009-2014E

2009 GM

Market Share

13%

20%

10%

19%

Growth Opportunity

2.6 Million

Units

Source: Growth Markets per Global Insight

2009 GM Market Share per GM 2009 10-K

BREAKEVEN AT BOTTOM OF CYCLE

U.S. Industry

BREAKEVEN AT BOTTOM OF CYCLE

U.S. Total Auto Sales Peak –

Through Swings

FINANCIAL FLEXIBILITY

Current state reflects GM cash, debt (incl. preferred equity), and pension balances as of 3/31/10 pro forma for

pay-down of UST and EDC debt

CURRENT

STATE

FUTURE GOAL

Strong

Investment

Grade

Speed

Simplicity

Accountability

NEW MANAGEMENT APPROACH