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GENERAL MOTORS

GM%20Strategic%20and%20Operational%20Overview_

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Key Messages<br />

• Developing a consistent track record of delivering strong<br />

results, generating cash and maximizing shareholder value<br />

• On track to meet our 2016 commitments<br />

─ Sustain 10% margins in North America<br />

─ Breakeven in Europe (guidance at risk due to Brexit, expect ~$0.4B<br />

negative impact assuming current market conditions)<br />

─ Sustain strong margins in China<br />

• Our goal is to maximize shareholder<br />

value by delivering overall 9-10%<br />

margins by early next decade<br />

─ Accelerating FCF generation going<br />

forward to reinvest in the business<br />

and return excess FCF to shareholders<br />

Committed To Delivering Results<br />

37

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