25 General Motors 4S (i) (ii) (iii) (iv) 4S T M H B V 54.3 57.2296.4 312.1 (1.6) 62,000 (8.7) 339,000 % % [41,981] 229,216 [77.3]% [42,363] 231,302 [74.1]% 1 [12,297] 67,142 [22.7]% [14,796] 80,786 [25.9]% [54,278] 296,358 100.0% [57,159] 312,088 100.0% 1 10.8 13.658.9 74.2 1.5 1.28.2 6..6 89
General Motors 4S General Motors General Motors Euromonitor 1.0% 280340 58.3 %61.7 % 2362784462 27.7 28.7 151.3 156.7 86.4% 82.2% 4.4 6.2 23.8 34.013.6% 17.8% 9.9 54.07.4 40.6 4S Euromonitor 2.5%729 737 10.8 13.6 58.9 74.3 19.8% 23.8% 91.5% 93.3%7.6% 4.3% Euromonitor1 30 30 90
General Motors 4S 621729 108 (i) (ii) (iii) 77.3% 74.1 % 22.7 %25.9 % 91
Euromonitor 2.5% 729 55.9% 29,369 Euromonitor 19.8% 23.8 % 91.8% 82.0% 93.3% 80.4% 316 366 290 300 91.8 82.0 134 92 125 74 93.3 80.4 450 458 415 374 92.2 81.7 80 88 90 30 92
General Motors General Motors General Motors General Motors Euromonitor 4S General Motors General Motors 4S General Motors General Motors General Motors ODLLC General Motors General Motors General Motors General MotorsGeneral 93
Motors General Motors General Motors ERP ERP ERP 24 24 4S 9.9 7.4 54.0 40.6 18.2% 13.0% 94
General Motors General Motors General Motors General Motors 30 Alpine Motors Auto Germany Alpine Motors Auto Germany Alpine Car Rental Alpine Motors Auto Germany General Motors 95
ERP ERP 4S 96
24 24 24 97
General Motors General Motors General Motors General Motors General Motors (i) (ii) (iii) (iv) General Motors General Motors General Motors General Motors General Motors CruzeGeneral Motors General Motors Malibu General Motors (CEVS) 6 98
General Motors General Motors ERP (i) (ii) (iii) General Motors General Motors General Motors 4S 99
General Motors General Motors General Motors General Motors General Motors GM GM GM GM General Motors General Motors General Motors IT General Motors General Motors General Motors General Motors ODLLC General Motors Thailand 100
General Motors General Motors General Motors ODLLC General Motors Thailand Chevrolet Sales (Thailand) Ltd 4S General Motors Thailand General Motors International General Motors General Motors General Motors General MotorsGeneral Motors International General Motors 83 General Motors [100]% [100]% [19.3]% [17.9]% General Motors [17.6]% [13.9]% [11.1] [60.6] [10.5] [57.3] General Motors International0.9 5.0 2.3 12.61.7 % 4.0 % 101
General Motors General MotorsGeneral Motors 100 Aveo/Sonic 4 1,398 6 175 6.4 152 5 4 DOHC 16 Captiva DOHC Ecotec 2,384 6 181 9.2 219 7 Cruze 4 16 1,362/1,598 6 185/202/204 6.8/7.4 157/174 55 DOHC Malibu 4 DOHC 2,384 6 206 7.8 187 5 Orlando 4 16 1,362 6 191 7.1 165 7 Spark DOHC 995 4 143 6 143 5 Colorado 2500/2800 5 8.5/8.7 222/246 Cruze Orlando Sonic Sonic 102
General Motors / /100 Astra 5 4 16 1,364/1,598 6 198/212 6.7/6.8 157/159 5 Astra GTC 4 16 1,362/1,598 6 200/210 6.8/6.7 159/158 5 Cascada 4 16 1,598 6 217 7.2 168 2 Combo 4 16 1,598 6 164 5.4 143 Insignia 4 16 1,598 6 210 6.6 155 5 Zafira Tourer 4 16 1,362/1,598 6 197/208 7.2 169 7 Vivaro DOHC 1,598/1,995 6 168/160 6.5/7.4 170/195 Meriva DOHC 1,364 6 185 7.2 169 5 Corsa DOHC 1,398 6 170 6 140 5 Zafira Tourer Insignia Astra 5 Meriva 103
4S General Motors General Motors General Motors 2 2 Aveo/Sonic 10 98,666 43 96,999 Captiva 28 143,832 10 141,999 Cruze 1 92 121,832 71 108,541 Malibu 16 138,916 10 130,416 Orlando 90 131,666 66 123,666 1. 1.4 2. 104
1 1 Combo 12 91,624 10 89,166 Insignia 0 4 148,500 Zafira 9 162,166 2 145,583 Vivaro 20 91,582 10 95,675 Meriva 2 12 113,833 1. 2. Meriva % % [27,717] 151,335 [86.4]% [28,702] 156,713 [82.2]% [4,368] 23,849 [13.6]% [6,218] 33,950 [17.8]% [32,085] 175,184 100% [34,920] 190,663 100% 27.7 4.4 151.3 23.8 86.4% 13.6% 28.7 6.2 156.7 34.0 82.2% 17.8% 105
4S General Motors General Motors General Motors 4S General Motors General Motors General Motors General Motors Alpine Motors Auto Germany General MotorsGeneral Motors General Motors International General Motors Thailand 50% 106
General Motors ODLLC General Motors Thailand General Motors Thailand General Motors General ODLLC General Motors Thailand General Motors4S (i)(ii) A B 1 2 73,916 1,917 84,788 2,531 87,268 3,021 81,472 2,443 76,404 1,581 55,994 1,684 31,733 1,052 22,365 707 20,865 536 16,489 376 23,186 395 54,094 424 107
1. A B 2. 10 0.5% 395 424 23,186 54,094 A B A B Euromonitor Euromonitor Euromonitor Euromonitor 108
General Motors General Motors 109
General Motors General Motors General Motors General Motors ERP General Motors 5,000 27,000 110
0.5% 1.0% Alpine Credit Alpine Credit8% Alpine Credit Alpine Credit 111
General Motors General Motors General Motors 112
% % [7,717] 42,135 [78.0]% [5,548] 30,292 [74.5]% [2,179] 11,897 [22.0]% [1,895] 10,347 [25.5]% [9,896] 54,032 100% [7,443] 40,639 100% General Motors General Motors General Motors General Motors General Motors 113
General Motors 1,000 1,500 10,000 1st Autoworks 1st Autoworks 1st Autoworks General Motors General Motors 100,000 General Motors 114
General Motors 1,628 General Motors General Motors General Motors ERP General Motors General Motors General Motors General Motors General Motors General Motors General Motors General Motors 115
1st Autoworks 1st Autoworks Euromonitor 621 729 T M B V 737 96% 100% 60 90% 116
46.7255.0 30 30 90% 1,000 5,000 5,460 27,300 117
24 30 Alpine 12 30 10% 10.8 13.6 58.9 74.2 19.8% 23.8%91.5% 93.3%7.6% 4.3% 118
119
12%-15% 30 24 1st Autoworks 120
100,000 121
3 ERP ERP 122
Alpine Credit Alpine Credit 1.5 1.2 8.2 6.6 12.6% 8.1% 10 4S 4S 37.337.7 203.8205.7 General Motors General Motors General Motors General Motors General Motors 123
General Motors General Motors T M H 9.711.352.9 61.9 [24.4] [133.2] [25.8] [140.9] [51.9]% [52.7]% General Motors 124
General Motors [100]% [100]% [19.3]% [17.9]% General Motors [17.6]% [13.9]% [6.8]% [11.4]% [1.6]% [1.2]% [31.6]% [23.6]% 60 5% 125
ERP ERP 4S 126
ERP Alpine Alpine Cars@Expo General Motors 127
General Motors General Motors ERP General Motors 24 24 24 128
% % [34,334] 187,464 [63.3]% [39,431] 215,293 [69.0]% [19,944] 108,894 [36.7]% [17,728] 96,795 [31.0]% [54,278] 296,358 100% [57,159] 312,088 100% 15.7 % 15.7 % 5.0 % 4.5 % 5% 4S 4S 29.1 %22.2 % 129
Alpine Car Rental 41.3 %44.6 % 58.7 %55.4 % 90% General Motors General Motors 30 130
30 30 115 S 13 20 5 8 48 1 3 15 1 1 131
[] General Motors General Motors General Motors General Motors General Motors 816 2,882 4,455 15,735 132
General Motors B. 8. (i) (ii) Euromonitor Euromonitor 46.9%(i) T 12,428 28.6% (ii) 7,916 18.2% 424 1.0% Euromonitor 133
Euromonitor Euromonitor Euromonitor 180Alpine Car Rental 134
7 Ubi CloseAlpine 15,405 4S General Motors ODLLC Alpine CreditAlpine Credit 135
Alpine Motors Alpine Motors Alpine Motors Alpine Motors Auto Germany Auto Germany Alpine Motors Auto Germany Alpine Motors Auto Germany 136
137
138
139 General Motors 13 10,000 54,600 5,000 27,300 44A Alpine Motors Auto Germany
[ ] 173(6) 5,000 27,300 200 1,092 Alpine Credit Alpine 46(1)(c) 3 25 4 5% 8,736 47,699 1,014 5,536 140
(1) (2) (3) 15 141
(4) (5) (6) 6A.19 (7) 5.01 5.02 11.07 11.06 (1) (2) (3) (4) 142
(5) (6) 143