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) October 6, 1998
                                  ----------------




                          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.)




   100 Renaissance Center, Detroit, Michigan                 48243-7301
3044 West Grand Boulevard, Detroit, Michigan                 48202-3091
--------------------------------------------                 ----------
  (Address of principal executive offices)                   (Zip Code)







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

















                                    - 1 -

ITEM 5. OTHER EVENTS

      General Motors Corporation (GM or General Motors) today released financial
information on the separate  financial  performance  of its GM Europe (GME),  GM
Latin  American/Africa/Mid-East  (GMLAAM), and GM Asia/Pacific (GMAP) businesses
which were formerly included in General Motors  International  Operations (GMIO)
-- on a quarterly  basis for 1996 through the 2nd Quarter of 1998. On October 6,
1998,  GM  filed  an  8-K  regarding  the  formation  of the  new GM  Automotive
Operations sector which includes GM North America (GMNA), GME, GMLAAM, and GMAP.

      The following  financial  information has been prepared using a management
approach,  which is  consistent  with the basis and  manner in which  management
internally disaggregates the Corporation's financial information for the purpose
of assisting in making  internal  operating  decisions.  It is being released to
allow interested  parties to view the performance of the GME,  GMLAAM,  and GMAP
businesses in the same manner as management.

      This  information is not prepared in accordance  with  generally  accepted
accounting  principles  (GAAP).  Certain  common  expenses are  allocated  among
sectors  less  precisely  than  would  be  required  for  standalone   financial
information  prepared in accordance with GAAP.  Additionally,  certain  expenses
(primarily  certain U.S. taxes related to non-U.S.  operations)  are included in
GM's  "Other"  sector.  This  data  represents  historical  information  used by
management for internal  decision making purposes and,  accordingly,  other data
prepared to  represent  the way in which the business may operate in the future,
or data prepared on a GAAP basis may be materially different.































                                    - 2 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)


1998 - Q1                              GME         GMLAAM      GMAP
---------                              ---         ------      ----

Revenues                            $5,397         $2,025       $728

Income (loss) before income taxes      203             17         (7)
US, foreign and other income
    taxes (benefit)                     91            (19)         0
Equity in (losses) earnings
    of affiliates                      (13)            19         14
Minority interest                        0             (1)         0
                                        --             --          -
Net income                             $99            $54         $7
                                        ==             ==          =

Net profit margin                       1.8%           2.7%      1.0%


1998 - Q2 (1)
-------------

Revenues                            $6,227         $2,193       $756

Income before income taxes             244             16          5
US, foreign and other income
    taxes (benefit)                    129            (10)         4
Equity in earnings (losses)
    of affiliates                        1             29        (36)
Minority interest                        8             (7)         0
                                       ---             --         --
Net income (loss)                     $124            $48       $(35)
                                       ===             ==         ==

Net profit (loss) margin                2.0%           2.2%     (4.6%)


1997 - Q1 (2)
-------------

Revenues                            $5,697         $1,886       $700

Income before income taxes             351            114          8
US, foreign and other income taxes     148             14          2
Equity in (losses) earnings
    of affiliates                      (55)            29         31
Minority interest                        1              0          2
                                       ---            ---         --
Net income                            $149           $129        $39
                                       ===            ===         ==

Net profit margin                       2.6%           6.8%      5.6%




See footnotes on page 7 for special items.





                                    - 3 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)


1997 - Q2 (3)                          GME         GMLAAM       GMAP
-------------                          ---         ------       ----

Revenues                            $6,620         $2,329       $762

Income before income taxes             513            200         14
US, foreign and other income
    taxes (benefit)                    186             48         (1)
Equity in (losses) earnings
    of affiliates                      (17)            27        (23)
Minority interest                        2              2          3
                                       ---            ---          -
Net income (loss)                     $312           $181        $(5)
                                       ===            ===          =

Net profit (loss) margin                4.7%           7.8%     (0.7%)


1997 - Q3
---------

Revenues                            $5,686         $2,273       $682

Income (loss) before income taxes       87            154        (73)
US, foreign and other income
    taxes (benefit)                     48             14        (15)
Equity in (losses) earnings
    of affiliates                      (70)            25         43
Minority interest                       10              0          8
                                        --            ---          -
Net (loss) income                     $(21)          $165        $(7)
                                        ==            ===          =

Net (loss) profit margin               (0.4%)          7.3%     (1.0%)


1997 - Q4 (4)
-------------

Revenues                            $6,103         $2,085       $836

(Loss) income before income taxes     (695)            68       (180)
US, foreign and other income
     taxes (benefit)                  (261)           (33)       (14)
Equity in (losses) earnings
    of affiliates                      (29)            92        (40)
Minority interest                        6             (1)        10
                                       ---            ---        ---
Net (loss) income                    $(457)          $192      $(196)
                                       ===            ===        ===

Net(loss) profit margin               (7.5%)          9.2%    (23.4%)



See footnotes on page 7 for special items.


                                    - 4 -


                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1997 - Calendar Year                   GME         GMLAAM       GMAP
--------------------                   ---         ------       ----

Revenues                           $24,106         $8,573     $2,980

Income (loss) before income taxes      256            536       (231)
US, foreign and other income
    taxes (benefit)                    121             43        (28)
Equity in (losses) earnings
    of affiliates                     (171)           173         11
Minority interest                       19              1         23
                                        --            ---        ---
Net (loss) income                     $(17)          $667      $(169)
                                        ==            ===        ===

Net (loss) profit margin               (0.1%)          7.8%     (5.7%)


1996 - Q1
---------

Revenues                            $6,728         $1,497       $772

Income before income taxes             433            132         15
US, foreign and other income taxes     118             34         18
Equity in (losses) earnings
    of affiliates                      (24)            24         25
Minority interest                       (6)             0          3
                                       ---            ---         --
Net income                            $285           $122        $25
                                       ===            ===         ==

Net profit margin                       4.2%           8.1%      3.2%


1996 - Q2
---------

Revenues                            $6,645         $1,627       $829

Income before income taxes             497             85         47
US, foreign and other income taxes     146             38         25
Equity in (losses) earnings
    of affiliates                      (31)            17         21
Minority interest                       (1)            (4)         2
                                       ---             --         --
Net income                            $319            $60        $45
                                       ===             ==         ==

Net profit margin                      4.8%           3.7%      5.4%



See footnotes on page 7 for special items.









                                    - 5 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1996 - Q3                              GME         GMLAAM       GMAP
---------                              ---         ------       ----

Revenues                            $5,744         $1,825       $691

Income before income taxes               6            203         59
US, foreign and other income
    taxes (benefit)                    (95)            56          4
Equity in (losses) earnings
    of affiliates                      (25)            21         27
Minority interest                       (1)            (3)         1
                                        --            ---         --
Net income                             $75           $165        $83
                                        ==            ===         ==

Net profit margin                       1.3%           9.0%     12.0%


1996 - Q4
---------

Revenues                            $6,411         $1,773       $709

Income (loss) before income taxes      117            247        (55)
US, foreign and other income
    taxes (benefit)                     (1)           (22)       (14)
Equity in (losses) earnings of
    affiliates                         (17)            17         (3)
Minority interest                       (2)             9          3
                                        --            ---         --
Net income (loss)                      $99           $295       $(41)
                                        ==            ===         ==

Net profit (loss) margin               1.5%          16.6%     (5.8%)


1996 -Calendar Year
-------------------

Revenues                           $25,528         $6,722     $3,001

Income before income taxes           1,053            667         66
US, foreign and other income taxes     168            106         33
Equity in (losses) earnings
   of affiliates                       (97)            79         70
Minority interest                      (10)             2          9
                                       ---             --        ---
Net income                            $778           $642       $112
                                       ===            ===        ===

Net profit margin                      3.0%           9.6%      3.7%




See footnotes on page 7 for special items.







                                    - 6 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)


FN - Special Items

(1)    The second quarter 1998 results for GME included a pre-tax
       charge of $74 million ($44 million after-tax), related to work schedule
       modifications at Opel Belgium.

(2)   The first-quarter 1997 results for GME included a pre-tax gain of $88
      million ($55 million  after taxes),  that resulted from an agreement  with
      Volkswagen A.G. (VW) settling a civil lawsuit which GM brought against VW.

(3)   Second quarter 1997 results for GME included a pre-tax gain of $128
      million ($103  million  after  taxes),  related to the sale of GM Europe's
      equity interest in Avis Europe.

(4)   During December 1997, GM substantially completed studies concerning the 
      long-term competitiveness of all facets of its businesses
      (Competit- iveness Studies). These studies were performed in conjunction 
      with GM's current business planning cycle. Based on the results of these
      Competitiveness Studies, in the fourth quarter of 1997, GME recorded 
      pre-tax charges against income totaling $848 million ($488 million 
      after-tax )and GMAP recorded pre-tax charges against income totaling
      $174 million ($170 million after-tax).



                                       * * *


























                                    - 7 -


                                  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    October 30, 1998
        -----------------
                                            By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)













































                                    - 8 -
[{"type": "8-K", "sequence": "1", "description": "FINANCIAL REORGANIZATION OF INTERNATIONAL", "secsgml_size_bytes": 15457}]
{"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": "98734507"}, "business-address": {"street1": "100 RENAISSANCE CTR", "city": "DETROIT", "state": "MI", "zip": "48243-7301", "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) October 6, 1998
                                  ----------------

                          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.)

   100 Renaissance Center, Detroit, Michigan                 48243-7301
3044 West Grand Boulevard, Detroit, Michigan                 48202-3091
--------------------------------------------                 ----------
  (Address of principal executive offices)                   (Zip Code)

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

                                    - 1 -

ITEM 5. OTHER EVENTS

      General Motors Corporation (GM or General Motors) today released financial
information on the separate  financial  performance  of its GM Europe (GME),  GM
Latin  American/Africa/Mid-East  (GMLAAM), and GM Asia/Pacific (GMAP) businesses
which were formerly included in General Motors  International  Operations (GMIO)
-- on a quarterly  basis for 1996 through the 2nd Quarter of 1998. On October 6,
1998,  GM  filed  an  8-K  regarding  the  formation  of the  new GM  Automotive
Operations sector which includes GM North America (GMNA), GME, GMLAAM, and GMAP.

      The following  financial  information has been prepared using a management
approach,  which is  consistent  with the basis and  manner in which  management
internally disaggregates the Corporation's financial information for the purpose
of assisting in making  internal  operating  decisions.  It is being released to
allow interested  parties to view the performance of the GME,  GMLAAM,  and GMAP
businesses in the same manner as management.

      This  information is not prepared in accordance  with  generally  accepted
accounting  principles  (GAAP).  Certain  common  expenses are  allocated  among
sectors  less  precisely  than  would  be  required  for  standalone   financial
information  prepared in accordance with GAAP.  Additionally,  certain  expenses
(primarily  certain U.S. taxes related to non-U.S.  operations)  are included in
GM's  "Other"  sector.  This  data  represents  historical  information  used by
management for internal  decision making purposes and,  accordingly,  other data
prepared to  represent  the way in which the business may operate in the future,
or data prepared on a GAAP basis may be materially different.

                                    - 2 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1998 - Q1                              GME         GMLAAM      GMAP
---------                              ---         ------      ----

Revenues                            $5,397         $2,025       $728

Income (loss) before income taxes      203             17         (7)
US, foreign and other income
    taxes (benefit)                     91            (19)         0
Equity in (losses) earnings
    of affiliates                      (13)            19         14
Minority interest                        0             (1)         0
                                        --             --          -
Net income                             $99            $54         $7
                                        ==             ==          =

Net profit margin                       1.8%           2.7%      1.0%

1998 - Q2 (1)
-------------

Revenues                            $6,227         $2,193       $756

Income before income taxes             244             16          5
US, foreign and other income
    taxes (benefit)                    129            (10)         4
Equity in earnings (losses)
    of affiliates                        1             29        (36)
Minority interest                        8             (7)         0
                                       ---             --         --
Net income (loss)                     $124            $48       $(35)
                                       ===             ==         ==

Net profit (loss) margin                2.0%           2.2%     (4.6%)

1997 - Q1 (2)
-------------

Revenues                            $5,697         $1,886       $700

Income before income taxes             351            114          8
US, foreign and other income taxes     148             14          2
Equity in (losses) earnings
    of affiliates                      (55)            29         31
Minority interest                        1              0          2
                                       ---            ---         --
Net income                            $149           $129        $39
                                       ===            ===         ==

Net profit margin                       2.6%           6.8%      5.6%

See footnotes on page 7 for special items.

                                    - 3 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1997 - Q2 (3)                          GME         GMLAAM       GMAP
-------------                          ---         ------       ----

Revenues                            $6,620         $2,329       $762

Income before income taxes             513            200         14
US, foreign and other income
    taxes (benefit)                    186             48         (1)
Equity in (losses) earnings
    of affiliates                      (17)            27        (23)
Minority interest                        2              2          3
                                       ---            ---          -
Net income (loss)                     $312           $181        $(5)
                                       ===            ===          =

Net profit (loss) margin                4.7%           7.8%     (0.7%)

1997 - Q3
---------

Revenues                            $5,686         $2,273       $682

Income (loss) before income taxes       87            154        (73)
US, foreign and other income
    taxes (benefit)                     48             14        (15)
Equity in (losses) earnings
    of affiliates                      (70)            25         43
Minority interest                       10              0          8
                                        --            ---          -
Net (loss) income                     $(21)          $165        $(7)
                                        ==            ===          =

Net (loss) profit margin               (0.4%)          7.3%     (1.0%)

1997 - Q4 (4)
-------------

Revenues                            $6,103         $2,085       $836

(Loss) income before income taxes     (695)            68       (180)
US, foreign and other income
     taxes (benefit)                  (261)           (33)       (14)
Equity in (losses) earnings
    of affiliates                      (29)            92        (40)
Minority interest                        6             (1)        10
                                       ---            ---        ---
Net (loss) income                    $(457)          $192      $(196)
                                       ===            ===        ===

Net(loss) profit margin               (7.5%)          9.2%    (23.4%)

See footnotes on page 7 for special items.

                                    - 4 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1997 - Calendar Year                   GME         GMLAAM       GMAP
--------------------                   ---         ------       ----

Revenues                           $24,106         $8,573     $2,980

Income (loss) before income taxes      256            536       (231)
US, foreign and other income
    taxes (benefit)                    121             43        (28)
Equity in (losses) earnings
    of affiliates                     (171)           173         11
Minority interest                       19              1         23
                                        --            ---        ---
Net (loss) income                     $(17)          $667      $(169)
                                        ==            ===        ===

Net (loss) profit margin               (0.1%)          7.8%     (5.7%)

1996 - Q1
---------

Revenues                            $6,728         $1,497       $772

Income before income taxes             433            132         15
US, foreign and other income taxes     118             34         18
Equity in (losses) earnings
    of affiliates                      (24)            24         25
Minority interest                       (6)             0          3
                                       ---            ---         --
Net income                            $285           $122        $25
                                       ===            ===         ==

Net profit margin                       4.2%           8.1%      3.2%

1996 - Q2
---------

Revenues                            $6,645         $1,627       $829

Income before income taxes             497             85         47
US, foreign and other income taxes     146             38         25
Equity in (losses) earnings
    of affiliates                      (31)            17         21
Minority interest                       (1)            (4)         2
                                       ---             --         --
Net income                            $319            $60        $45
                                       ===             ==         ==

Net profit margin                      4.8%           3.7%      5.4%

See footnotes on page 7 for special items.

                                    - 5 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

1996 - Q3                              GME         GMLAAM       GMAP
---------                              ---         ------       ----

Revenues                            $5,744         $1,825       $691

Income before income taxes               6            203         59
US, foreign and other income
    taxes (benefit)                    (95)            56          4
Equity in (losses) earnings
    of affiliates                      (25)            21         27
Minority interest                       (1)            (3)         1
                                        --            ---         --
Net income                             $75           $165        $83
                                        ==            ===         ==

Net profit margin                       1.3%           9.0%     12.0%

1996 - Q4
---------

Revenues                            $6,411         $1,773       $709

Income (loss) before income taxes      117            247        (55)
US, foreign and other income
    taxes (benefit)                     (1)           (22)       (14)
Equity in (losses) earnings of
    affiliates                         (17)            17         (3)
Minority interest                       (2)             9          3
                                        --            ---         --
Net income (loss)                      $99           $295       $(41)
                                        ==            ===         ==

Net profit (loss) margin               1.5%          16.6%     (5.8%)

1996 -Calendar Year
-------------------

Revenues                           $25,528         $6,722     $3,001

Income before income taxes           1,053            667         66
US, foreign and other income taxes     168            106         33
Equity in (losses) earnings
   of affiliates                       (97)            79         70
Minority interest                      (10)             2          9
                                       ---             --        ---
Net income                            $778           $642       $112
                                       ===            ===        ===

Net profit margin                      3.0%           9.6%      3.7%

See footnotes on page 7 for special items.

                                    - 6 -

                          General Motors Corporation
                        Income Statement Summary Data
                                 (Unaudited)

FN - Special Items

(1)    The second quarter 1998 results for GME included a pre-tax
       charge of $74 million ($44 million after-tax), related to work schedule
       modifications at Opel Belgium.

(2)   The first-quarter 1997 results for GME included a pre-tax gain of $88
      million ($55 million  after taxes),  that resulted from an agreement  with
      Volkswagen A.G. (VW) settling a civil lawsuit which GM brought against VW.

(3)   Second quarter 1997 results for GME included a pre-tax gain of $128
      million ($103  million  after  taxes),  related to the sale of GM Europe's
      equity interest in Avis Europe.

(4)   During December 1997, GM substantially completed studies concerning the 
      long-term competitiveness of all facets of its businesses
      (Competit- iveness Studies). These studies were performed in conjunction 
      with GM's current business planning cycle. Based on the results of these
      Competitiveness Studies, in the fourth quarter of 1997, GME recorded 
      pre-tax charges against income totaling $848 million ($488 million 
      after-tax )and GMAP recorded pre-tax charges against income totaling
      $174 million ($170 million after-tax).

                                       * * *

                                    - 7 -

                                  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    October 30, 1998
        -----------------
                                            By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)

                                    - 8 -