SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549-1004





                                    FORM 8-K
                    CURRENT REPORT PURSUANT TO SECTION 13 OF
                            THE SECURITIES EXCHANGE ACT OF 1934



          Date of Report
(Date of earliest event reported) February 25, 2000
                                  -----------------




                           GENERAL MOTORS CORPORATION
              -----------------------------------------------------
             (Exact name of registrant as specified in its charter)




      STATE OF DELAWARE                 1-143                 38-0572515
----------------------------   -----------------------    -------------------
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
 of incorporation)                                         Identification No.)




300 Renaissance Center, Detroit, Michigan                    48265-3000
--------------------------------------------                 ----------
  (Address of principal executive offices)                   (Zip Code)







Registrant's telephone number, including area code       (313) 556-5000
                                                         --------------

















                                      - 1 -
ITEM 5. OTHER EVENTS

     On  February  25,  2000,  General  Motors  Corporation  (GM) issued a press
release announcing that General Motors,  Ford, and Daimler Chrysler would create
the  world's  largest  internet-based  virtual  marketplace.  The  release is as
follows:


Ford, General Motors And DaimlerChrysler Create World's Largest Internet-Based
Virtual Marketplace

DETROIT,  -- General  Motors  Corporation  [NYSE:  GM, GMH],  Ford Motor Company
[NYSE: F] and DaimlerChrysler  [NYSE: DCX] jointly announced today that they are
planning  to combine  their  efforts to form a  business-to-business  integrated
supplier  exchange through a single global portal.  This venture will create the
world's  largest  virtual  marketplace.  The  new  enterprise  will  offer  open
participation to all auto  manufacturers  around the world, and their respective
market of suppliers, partners and dealers. Eventually, this marketplace could be
expanded to encompass other industries.

GM, Ford and  DaimlerChrysler  plan to have equal  ownership  in the new venture
which would operate as a separate business independent of the three automakers.

Ford,  GM and  DaimlerChrysler  expect to reach a definitive  agreement  for the
venture in the first quarter, and subject to appropriate  governmental and other
approvals.  Until then,  all  services  currently  associated  with the existing
exchanges will continue to be offered. These include catalog purchasing, bidding
and price  quotes,  on-line  sourcing and  auctions.  In addition,  supply chain
management functions such as capacity planning,  demand forecasting,  production
planning, supply chain transaction automation,  financial services,  payment and
logistics will continue and be expanded.

Ford  President and Chief  Executive  Officer  Jacques A. Nasser said,  "Today's
announcement is another example of how the Internet is transforming  every piece
of our company and our industry.  It's exciting,  it's  dramatic,  and it's only
going to  accelerate.  We'll  push this  transformation  even  further  to bring
sustainable benefits to our customers, our suppliers, and our dealers."

"As we continued  to build our  separate  exchange  sites,  we quickly  realized
traditional,  individual stand-alone models weren't the winning strategy for us,
our industry,  our suppliers and,  ultimately,  our customers,"  said G. Richard
Wagoner, Jr., president and chief operating officer, General Motors. "By joining
together,   we  can  further  increase  the  pace  of  implementation,   thereby
accelerating  the  benefits  to  everyone  involved.  We are  excited  about the
opportunity to build on what each of us started separately,  and create the best
trading exchange in the world."

DaimlerChrysler  Chairman Juergen Schrempp said,  "DaimlerChrysler's  plan for a
separate  exchange  came  together  with  Ford's  and  GM's.  We  bring a global
presence, large volume and excellent supplier relationships to the new venture."

Ford Motor Company selected Oracle Corporation [NASDAQ:  ORCL] as its technology
partner for  Auto-xchange,  an on-line  global  network  open to the entire auto
industry that offers on-line  procurement  and trading as well as the capability
for real-time supply chain management and collaborative product innovation.





                                      - 2 -


GM  selected  Commerce  One  [NASDAQ:  CMRC] as its  technology  partner for its
TradeXchange,  a global  Internet-based system designed to strengthen the entire
supply chain and allow purchasing  functions through catalogs,  auctions and bid
quotations. Both Auto-xchange and TradeXchange are already operational.

"We've demonstrated that we can compete effectively in the e-world," said Harold
R. Kutner,  group vice  president of GM  Worldwide  Purchasing.  "Not only is it
unprecedented  for GM, Ford and  DaimlerChrysler  to come  together to form this
type of joint venture, but it's also the largest Internet business ever created.
Nobody will be better. Nobody will be faster. Nobody will offer more to everyone
involved."  "Ford, GM and  DaimlerChrysler  welcome the  participation  of other
automotive  manufacturers  and suppliers in this  exchange,"  said Brian Kelley,
Ford Motor Company vice president and president of Ford's ConsumerConnect. "This
combination  will allow  suppliers  to channel  their  efforts  through a single
exchange," he added,  "and will reduce  overall  inventories,  develop  industry
standards and provide productivity to all participants."

The new  venture is  expected  to be powered by Oracle and  Commerce  One.  Both
technology  partners have  collaborated  on a compatible  architecture  to bring
best-of-breed offerings to the venture. Both technology partners are expected to
continue to have economic interests in the new venture.


                                           # # #



Contacts:
John Ochs, Ford Motor Company, 313-402-4022
David Barnas, General Motors Corporation, 313-665-3170
Steve Rossi, DaimlerChrysler, 248-512-3164


                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.


                                            GENERAL MOTORS CORPORATION
                                            --------------------------
                                                    (Registrant)
Date    February 28, 2000
        -----------------
                                       By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)










                                      - 3 -
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{"company-data": {"conformed-name": "GENERAL MOTORS CORP", "cik": "0000040730", "assigned-sic": "3711", "irs-number": "380572515", "state-of-incorporation": "DE", "fiscal-year-end": "1231"}, "filing-values": {"form-type": "8-K", "act": "34", "file-number": "001-00143", "film-number": "554963"}, "business-address": {"street1": "100 RENAISSANCE CTR", "city": "DETROIT", "state": "MI", "zip": "48265-1000", "phone": "3135565000"}, "mail-address": {"street1": "3044 W GRAND BOULEVARD", "city": "DETROIT", "state": "MI", "zip": "48202-3091"}}
SECURITIES AND EXCHANGE COMMISSION
                           Washington, D.C. 20549-1004

                                    FORM 8-K
                    CURRENT REPORT PURSUANT TO SECTION 13 OF
                            THE SECURITIES EXCHANGE ACT OF 1934

          Date of Report
(Date of earliest event reported) February 25, 2000
                                  -----------------

                           GENERAL MOTORS CORPORATION
              -----------------------------------------------------
             (Exact name of registrant as specified in its charter)

      STATE OF DELAWARE                 1-143                 38-0572515
----------------------------   -----------------------    -------------------
(State or other jurisdiction   (Commission File Number)   (I.R.S. Employer
 of incorporation)                                         Identification No.)

300 Renaissance Center, Detroit, Michigan                    48265-3000
--------------------------------------------                 ----------
  (Address of principal executive offices)                   (Zip Code)

Registrant's telephone number, including area code       (313) 556-5000
                                                         --------------

                                      - 1 -
ITEM 5. OTHER EVENTS

     On  February  25,  2000,  General  Motors  Corporation  (GM) issued a press
release announcing that General Motors,  Ford, and Daimler Chrysler would create
the  world's  largest  internet-based  virtual  marketplace.  The  release is as
follows:

Ford, General Motors And DaimlerChrysler Create World's Largest Internet-Based
Virtual Marketplace

DETROIT,  -- General  Motors  Corporation  [NYSE:  GM, GMH],  Ford Motor Company
[NYSE: F] and DaimlerChrysler  [NYSE: DCX] jointly announced today that they are
planning  to combine  their  efforts to form a  business-to-business  integrated
supplier  exchange through a single global portal.  This venture will create the
world's  largest  virtual  marketplace.  The  new  enterprise  will  offer  open
participation to all auto  manufacturers  around the world, and their respective
market of suppliers, partners and dealers. Eventually, this marketplace could be
expanded to encompass other industries.

GM, Ford and  DaimlerChrysler  plan to have equal  ownership  in the new venture
which would operate as a separate business independent of the three automakers.

Ford,  GM and  DaimlerChrysler  expect to reach a definitive  agreement  for the
venture in the first quarter, and subject to appropriate  governmental and other
approvals.  Until then,  all  services  currently  associated  with the existing
exchanges will continue to be offered. These include catalog purchasing, bidding
and price  quotes,  on-line  sourcing and  auctions.  In addition,  supply chain
management functions such as capacity planning,  demand forecasting,  production
planning, supply chain transaction automation,  financial services,  payment and
logistics will continue and be expanded.

Ford  President and Chief  Executive  Officer  Jacques A. Nasser said,  "Today's
announcement is another example of how the Internet is transforming  every piece
of our company and our industry.  It's exciting,  it's  dramatic,  and it's only
going to  accelerate.  We'll  push this  transformation  even  further  to bring
sustainable benefits to our customers, our suppliers, and our dealers."

"As we continued  to build our  separate  exchange  sites,  we quickly  realized
traditional,  individual stand-alone models weren't the winning strategy for us,
our industry,  our suppliers and,  ultimately,  our customers,"  said G. Richard
Wagoner, Jr., president and chief operating officer, General Motors. "By joining
together,   we  can  further  increase  the  pace  of  implementation,   thereby
accelerating  the  benefits  to  everyone  involved.  We are  excited  about the
opportunity to build on what each of us started separately,  and create the best
trading exchange in the world."

DaimlerChrysler  Chairman Juergen Schrempp said,  "DaimlerChrysler's  plan for a
separate  exchange  came  together  with  Ford's  and  GM's.  We  bring a global
presence, large volume and excellent supplier relationships to the new venture."

Ford Motor Company selected Oracle Corporation [NASDAQ:  ORCL] as its technology
partner for  Auto-xchange,  an on-line  global  network  open to the entire auto
industry that offers on-line  procurement  and trading as well as the capability
for real-time supply chain management and collaborative product innovation.

                                      - 2 -

GM  selected  Commerce  One  [NASDAQ:  CMRC] as its  technology  partner for its
TradeXchange,  a global  Internet-based system designed to strengthen the entire
supply chain and allow purchasing  functions through catalogs,  auctions and bid
quotations. Both Auto-xchange and TradeXchange are already operational.

"We've demonstrated that we can compete effectively in the e-world," said Harold
R. Kutner,  group vice  president of GM  Worldwide  Purchasing.  "Not only is it
unprecedented  for GM, Ford and  DaimlerChrysler  to come  together to form this
type of joint venture, but it's also the largest Internet business ever created.
Nobody will be better. Nobody will be faster. Nobody will offer more to everyone
involved."  "Ford, GM and  DaimlerChrysler  welcome the  participation  of other
automotive  manufacturers  and suppliers in this  exchange,"  said Brian Kelley,
Ford Motor Company vice president and president of Ford's ConsumerConnect. "This
combination  will allow  suppliers  to channel  their  efforts  through a single
exchange," he added,  "and will reduce  overall  inventories,  develop  industry
standards and provide productivity to all participants."

The new  venture is  expected  to be powered by Oracle and  Commerce  One.  Both
technology  partners have  collaborated  on a compatible  architecture  to bring
best-of-breed offerings to the venture. Both technology partners are expected to
continue to have economic interests in the new venture.

                                           # # #

Contacts:
John Ochs, Ford Motor Company, 313-402-4022
David Barnas, General Motors Corporation, 313-665-3170
Steve Rossi, DaimlerChrysler, 248-512-3164

                                    SIGNATURE

Pursuant  to the  requirements  of the  Securities  Exchange  Act of  1934,  the
registrant  has duly  caused  this  report  to be  signed  on its  behalf by the
undersigned hereunto duly authorized.

                                            GENERAL MOTORS CORPORATION
                                            --------------------------
                                                    (Registrant)
Date    February 28, 2000
        -----------------
                                       By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)

                                      - 3 -