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GM China Chairman to Leave General Motors


March 2005
 Filed under: GENERAL MOTORS CORPORATE Car News | GENERAL MOTORS CORPORATE Headlines
March 30, 2005 -- Shanghai, China - General Motors Corp. today announced that Phil Murtaugh, Chairman and CEO of the GM China Group, will leave the company. Details of Murtaugh's replacement are being finalized and an announcement is pending.
During Murtaugh's tenure, GM underwent an aggressive expansion of its product lineup, manufacturing capacity, and research and product development capability.

Murtaugh has been a part of the GM organization in China since January 1996, serving a leadership role within Shanghai GM, the initial joint venture between GM and Shanghai Automotive Industry Corp. Group (SAIC), and later as Chairman and CEO of the GM China Group, which oversees GM's seven joint ventures and two wholly owned enterprises in mainland China, and GM's operations in Taiwan and Hong Kong.

According to Troy A. Clarke, GM Group Vice President and President of GM Asia Pacific, Murtaugh has played a key role in GM's aggressive China growth strategy. "Our Chinese partnerships are strong. Our China operations are doing well. Under Phil's leadership, GM has achieved record sales approaching nearly 500,000 units a year and become an industry leader with more than 9 percent of the vehicle market. Our China sales are on track for double-digit growth once again this year. We thank Phil for his 32 years of great contributions to GM and wish him and his family all the best."

General Motors Corp. (NYSE: GM), the world's largest automaker, has been the global industry sales leader since 1931. Founded in 1908, GM today employs about 324,000 people around the world. It has manufacturing operations in 32 countries and its vehicles are sold in 200 countries. In 2004, GM sold nearly 9 million cars and trucks globally, up 4 percent and the second-highest total in the company's history. More information on GM can be found at www.gm.com.

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