It's a new day at GM.  Our fortress balance sheet, built on record annual earnings, more than two years of consistent profitability, strong liquidity and minimal debt, is helping us grow profitably around the globe.  GM is #1 in total vehicle sales in the world's two largest auto markets, China and the U.S., and well positioned in fast-growing emerging markets like Brazil, Russia and India.

A key focus of today's GM is strengthening our brands around the world.  Today, we sell two global brands – Cadillac and Chevrolet – flanked in most markets by regional brands like Buick and GMC, Opel and Vauxhall, Wuling, Baojun, Holden and more.  And it’s making a difference.  In China, GM and its joint-ventures sold a record 2.5 million vehicles last year.  And Chevrolet, which turned 100 in 2011, marked the occasion by selling a record 4.7 million vehicles around the world.

All of this is made possible by an outstanding product lineup that delivers the right vehicles at the right time all around the world.  Global products like the all-new Cadillac ATS compact luxury sport sedan, Chevrolet Cruze small car and Chevrolet Colorado midsize pickup are just three examples of why we say that, at GM, everything starts and ends with great products.