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) January 16, 2001
                                  ----------------




                         HUGHES ELECTRONICS CORPORATION
            -----------------------------------------------------
            (Exact name of registrant as specified in its charter)




      STATE OF DELAWARE               0-26035                 52-1106564
----------------------------   -----------------------    -------------------
(State or other jurisdiction        (Commission            (I.R.S. Employer
 of incorporation or organization)   File Number)         Identification No.)




                          200 North Sepulveda Boulevard
                          El Segundo, California 90245
                         -------------------------------
                                 (310) 662-9688
                                ----------------
       (Address, including zip code, and telephone number, including area
                code, of registrants' principal executive office)

























                                      - 1 -

ITEM 5. OTHER EVENTS

      On January 16,  2001,  a news  release was issued on the subject of fourth
quarter consolidated earnings by Hughes Electronics  Corporation  (Hughes).  The
news release did not include certain financial statements, related footnotes and
certain other financial  information  that will be filed with the Securities and
Exchange  Commission as part of Hughes'  Annual Report on Form 10-K. The release
is as follows:


                        HUGHES Reports 21-Percent Revenue
                          Growth In Fourth Quarter 2000

         A Record 1 Million Gross New U.S. Customers Purchase DIRECTV(R)
                           Systems During the Quarter

      El Segundo,  Calif.,  January 16, 2001 -- HUGHES Electronics  Corporation,
the world's  leading  provider of digital  television  entertainment,  satellite
services and  satellite-based  private business networks,  today reported fourth
quarter  2000  revenues  increased  21.3% to  $2,059.0  million,  compared  with
$1,698.0  million  in the  fourth  quarter of 1999.  EBITDA(1)  for the  quarter
increased to $153.8 million and EBITDA margin(1) was 7.5%, compared to an EBITDA
loss of $173.0 million in the fourth quarter of 1999.

      "Our growth continues to be driven by unprecedented demand for the DIRECTV
service in both the United  States and Latin  America,"  said  Michael T. Smith,
HUGHES chairman and chief executive  officer.  "In fact, on a gross basis,  more
than 1 million new customers  bought DIRECTV systems in the United States during
the quarter--a clear indication that demand for DIRECTV continues to be strong."

      As a  result  of this  continued  strong  demand,  DIRECTV  added a record
527,000  net  subscribers  in the United  States in the  quarter.  In  addition,
DIRECTV ended the quarter with a unique  backlog--supplementary to the company's
normal pending  accounts--of  more than 110,000  customers who purchased DIRECTV
systems and scheduled a  professional  installation.  Installation  capacity was
impeded  by the worst  weather in years for many  parts of the  country  and the
record demand for multi-receiver  DIRECTV systems,  which require  significantly
more time for installation.

      "With the addition of over 3.4 million gross subscribers in 2000,  DIRECTV
achieved its strongest  annual growth in history,"  Smith  continued.  "And this
year, we will continue to fuel growth with new product introductions,  including
DIRECTV with UltimateTV,  the DIRECTV/AOLTV receiver,  DIRECTV BROADBAND Powered
by DirecPC and a bundled  DIRECTV/Telocity  high-speed Internet DSL offering. We
will  be  the  only   provider  in  the  country  to  offer  these   combination
television/Internet  services,  and we are  confident  they will  resonate  with
consumers and add to our ability to retain customers."

      EBITDA for the quarter  increased to $153.8  million and EBITDA margin was
7.5%,  compared  to an EBITDA  loss of $173.0  million in the fourth  quarter of
1999. The 1999 EBITDA loss included a one-time  fourth quarter pre-tax charge of
$272  million  related to the  discontinuation  of certain  narrowband  wireless
businesses at HUGHES  Network  Systems  (HNS).  Excluding  the wireless  charge,
EBITDA  increased  55.4% from $99.0 million in the fourth quarter of 1999.  This
increase was  principally  due to one-time  favorable  adjustments  to corporate
expenditures  primarily  related to pension and other employee costs, and higher
EBITDA at DIRECTV U.S.  generated  principally from its larger  subscriber base.
These were partially  offset by increased  investments in new businesses such as
Hughes Network Systems's DirecPC(R) business and PanAmSat's Net-36(TM) broadband
Internet initiative.

      HUGHES had fourth quarter 2000 earnings(2) of $1,058.8  million,  compared
to a loss(2) of $226.7  million in the same period for 1999.  The  increase  was
primarily  due to a one-time  fourth  quarter  2000  after-tax  gain of $1,132.3
million related to the sale of HUGHES'  satellite  manufacturing  businesses and
the aforementioned increases in EBITDA. These were partially offset by increased
depreciation and amortization  expense resulting from the mid-1999 United States
Satellite  Broadcasting  (USSB) and  Primestar  transactions,  and the  expanded
PanAmSat  satellite  fleet,  as well  as  lower  equity  losses  related  to the
discontinuation of the DIRECTV Japan business.


                                      - 2 -

                         Full-Year 2000 Financial review

      Year-end 2000 revenues  increased 31.1% to $7,287.6  million,  compared to
$5,560.3  million in 1999.  This increase was primarily due to continued  record
subscriber growth at DIRECTV in the United States and Latin America,  additional
revenues resulting from the USSB and Primestar transactions, and higher outright
sales and sales-type leases of transponders at PanAmSat.

      EBITDA for the year more than doubled to $594.0  million and EBITDA margin
was 8.2%,  compared  to EBITDA of $264.4  million  and EBITDA  margin of 4.8% in
1999.  The increase in EBITDA was  primarily  attributable  to the 1999 wireless
charge.  Excluding the charge,  EBITDA  increased  10.7% from $536.4  million in
1999.  This  increase was primarily due to lower  corporate  expenses  primarily
related to pension  and other  employee  costs,  and higher  outright  sales and
sales-type  leases of transponders at PanAmSat.  These were partially  offset by
increased investments in DirecPC and Spaceway(TM), and higher marketing expenses
associated with the record subscriber growth at DIRECTV Latin America.

      Earnings(2)  for 2000  totaled  $829.9  million,  compared to a loss(2) of
$270.3 million in 1999.  The increase was primarily due to the $1,132.3  million
after-tax  gain  resulting  from the  sale of  HUGHES'  satellite  manufacturing
businesses and the  previously  discussed  increase in EBITDA.  These gains were
partially offset by increased  depreciation and amortization  resulting from the
mid-1999 USSB and Primestar  transactions  and the expanded  PanAmSat  satellite
fleet, and higher net interest  expense.  Additionally,  in the first quarter of
2000,  Hughes  booked a one-time  pre-tax  charge of $171  million  (reported in
"Other, net") related to its agreement with SkyPerfecTV! and the discontinuation
of the DIRECTV Japan business. The after-tax impact of this charge was a loss of
$13 million,  which includes the tax benefits  associated  with the write-off of
Hughes' historical investments in DIRECTV Japan.

                            Segment Financial Review
                               Fourth Quarter 2000

                            Direct-To-Home Broadcast

      Fourth  quarter  revenues  for the  segment  increased  25.3% to  $1,520.5
million from  $1,213.6  million in the fourth  quarter of 1999.  The segment had
EBITDA of $16.4 million  compared  with negative  EBITDA of $23.6 million in the
fourth quarter of 1999.

      United States: DIRECTV reported that quarterly revenues grew 23% to $1,351
million, compared with revenues of $1,100 million in the fourth quarter of 1999.
The increase was principally due to the continued strong subscriber growth.

      DIRECTV added a record 527,000 net  subscribers to its DIRECTV  service in
the quarter versus 515,000 net subscribers  added in the fourth quarter of 1999.
In the fourth  quarter  2000,  DIRECTV  also had a backlog of more than  110,000
additional   customers   who  purchased   DIRECTV   equipment  and  scheduled  a
professional  installation  through  the DIRECTV  Home  Services  Network.  This
backlog was in addition to DIRECTV's  normal  pending  accounts.  The  unusually
large  backlog  resulted  from severe winter storms in many parts of the country
and the particularly  strong demand for DIRECTV systems with two or more set-top
boxes, which require significantly more time for installation.

      For the  full-year,  DIRECTV  had its best year ever  with  1,834,000  net
high-power  subscriber  additions in 2000, a 14% improvement  over the 1,606,000
net subscribers  added in 1999. As of December 31, 2000,  DIRECTV had a total of
9.5 million subscribers in the United States.

      EBITDA for the fourth  quarter of 2000 more than  doubled to $59  million,
compared to EBITDA of $27 million in the previous  year's fourth  quarter.  This
improvement  resulted from the higher EBITDA attained from the larger subscriber
base,  which more than offset the higher  marketing  costs  associated  with the
record subscriber growth in the quarter.

      Latin  America:  DIRECTV Latin America  generated $169 million in revenues
for the quarter,  up 66% over the $102 million reported in the fourth quarter of
1999. This increase was due to continued strong subscriber growth.





                                      - 3 -

      DIRECTV Latin America added a record 168,000 net subscribers in the fourth
quarter of 2000,  a 24%  increase  over the 136,000  acquired in the same period
last year. In 2000--DIRECTV's best year ever in Latin America--the service added
501,000 net  subscribers  (57% greater than 1999),  bringing the total number of
subscribers in Latin America to 1,305,000 as of December 31, 2000.

      DIRECTV  Latin  America had an EBITDA  loss of $43  million  compared to a
similar  EBITDA loss of $42  million  for the same  period in 1999.  The minimal
change  was  primarily  a result of the fact  that the  higher  marketing  costs
associated with the record subscriber growth were mostly offset by the increased
EBITDA generated by the larger subscriber base.

                               Satellite Services

      PanAmSat,  which is 81% owned by HUGHES,  generated  fourth  quarter  2000
revenues of $202.9  million  compared  with $206.0  million in the prior  year's
period. This decline is mostly due to customer  conversions from operating lease
agreements to new sales-type lease agreements in 2000.

      PanAmSat's  fourth  quarter  2000  EBITDA was $136.1  million  compared to
$152.9  million  in last  year's  fourth  quarter.  EBITDA  margin in the fourth
quarter of 2000 was 67.1%  compared to 74.2% in the same  period last year.  The
decrease in EBITDA and EBITDA  margin was primarily due to an increase in direct
operating and selling,  general and  administrative  (SG&A) costs resulting from
the company's  continued fleet  expansion,  and increased  investment in the new
NET-36 broadband Internet initiative.

      As of December 31, 2000,  PanAmSat had contracts  for  satellite  services
representing future payments (backlog) of approximately $6.0 billion compared to
approximately  $5.8 billion in the third  quarter of 2000.  The increase was due
primarily  to new  contracts  with the  MultiChoice  direct-to-home  platform in
Southern Africa,  HNS's DirecPC business,  Digital Choice and the Lifetime Cable
Network.

                                 Network Systems

      Hughes  Network  Systems'  (HNS) fourth  quarter 2000 revenues were $389.5
million, compared to $386.5 million in the same period last year.

      HNS had a fourth quarter 2000 EBITDA loss of $34.3 million, compared to an
EBITDA  loss of $237.2  million  in the fourth  quarter of 1999.  The change was
largely due to the  effects of the $272  million  fourth  quarter of 1999 charge
related to the  discontinuation  of certain HNS wireless  businesses.  Excluding
this charge, HNS had EBITDA of $34.8 million in the fourth quarter of 1999. This
decline  in EBITDA is  primarily  attributable  to the  elimination  of  DIRECTV
equipment subsidies from DIRECTV and increased investment in DirecPC.

      HNS ended 2000 with a backlog of more than $500 million in its  Enterprise
business,  an increase of 24% over 1999.  This increase was due primarily to the
addition of contracts with customers including  Albertsons,  Jack in the Box, BP
Amoco Pipeline, Donato's and Outback Steakhouse.

      In its Consumer  businesses,  HNS shipped 680,000 DIRECTV receiver systems
in the fourth quarter of 2000, bringing its total number of receivers shipped to
more than 6 million.  In the fourth quarter of 1999, HNS shipped 715,000 DIRECTV
receiver  systems.  This  decline  was due to the  completion  of the  Primestar
conversion  process in the third  quarter  2000.  Also in the fourth  quarter of
2000, DirecPC launched the AOL Plus Powered By DirecPC service,  signed "Powered
By" distribution agreements with Earthlink and DIRECTV, and began delivering its
two-way via  satellite  Internet  access  equipment.  As of December  31,  2000,
DirecPC served more than 50,000 consumers in the United States.

                                  BALANCE SHEET

      From December 31, 1999 to December 31, 2000,  the  Company's  consolidated
cash  balance  increased  $1,269.9  million to  $1,508.1  million and total debt
decreased $824.8 million to $1,316.6  million.  The changes were principally due
to the receipt of approximately $3.1 billion in after-tax proceeds from the sale
of HUGHES'  satellite  manufacturing  businesses to The Boeing Company partially
offset by cash  requirements  for the year related to capital  expenditures  for
property, plant, equipment and satellites, and reduction of corporate debt.


                                      - 4 -

      HUGHES  Electronics  Corporation is a unit of General Motors  Corporation.
The earnings of HUGHES are used to calculate the earnings per share attributable
to the General Motors Class H common stock (NYSE:GMH).

      A live  webcast of  HUGHES'  fourth  quarter  2000  earnings  call will be
available at the  company's  website at  www.HUGHES.com.  The call will begin at
2:00 p.m. ET, today. Investors are advised to allow 15 minutes prior to the call
to register and download any necessary software. Following the completion of the
call,  the webcast  will be archived on the  Investor  Relations  portion of the
HUGHES website for at least one week. Hughes invites reporters to participate in
a listen-only mode on its fourth quarter 2000 analyst call at 2 p.m. ET Tuesday,
January 16, 2001. The dial-in number is 719-457-2634 and the  confirmation  code
is 585273.

      NOTE: HUGHES Electronics  Corporation  believes that some of the foregoing
statements may constitute forward-looking  statements. When used in this report,
the words  "estimate,"  "plan,"  "project,"  "anticipate,"  "expect,"  "intend,"
"outlook,"  "believe,"  and other similar  expressions  are intended to identify
such  forward-looking  statements and  information.  Important  factors that may
cause actual  results of HUGHES to differ  materially  from the  forward-looking
statements  in this report are set forth in the Form 10-Ks filed with the SEC by
GM and HUGHES.

---------------------
(1) EBITDA (Earnings Before Interest,  Taxes,  Depreciation and Amortization) is
the sum of operating  profit (loss) and depreciation  and  amortization.  EBITDA
margin is calculated by dividing EBITDA by total  revenues.
(2) Equals reported Net Income  (Loss)  excluding  the  effects of purchase
accounting adjustments related to General Motors' acquisition of HUGHES in 1985.



                                     ###




































                                      - 5 -
<TABLE>


STATEMENT OF OPERATIONS AND
AVAILABLE SEPARATE CONSOLIDATED NET INCOME (LOSS)
(Dollars in Millions)
(Unaudited)
<CAPTION>
                                                    Three Months
                                                        Ended               Year
                                                     December 31,     Ended December 31,
                                                   -----------------  -------------------
                                                    2000      1999     2000       1999
-----------------------------------------------------------------------------------------
Revenues
<S>                                               <C>      <C>       <C>        <C>
Direct broadcast, leasing and other services      $1,738.9 $1,403.8  $6,262.2   $4,550.8
Product sales                                        320.1    294.2   1,025.4    1,009.5
-----------------------------------------------------------------------------------------
Total Revenues                                     2,059.0  1,698.0   7,287.6    5,560.3
-----------------------------------------------------------------------------------------
Operating Costs and Expenses
Broadcast programming and other costs                776.9    664.6   2,812.8    2,039.0
Cost of products sold                                251.1    349.8     815.1      961.6
Selling, general and administrative expenses         877.2    856.6   3,065.7    2,295.3
Depreciation and amortization                        275.0    198.8     948.1      678.9
-----------------------------------------------------------------------------------------
Total Operating Costs and Expenses                 2,180.2  2,069.8   7,641.7    5,974.8
-----------------------------------------------------------------------------------------

Operating Loss                                      (121.2)  (371.8)   (354.1)    (414.5)

Interest income                                       34.0      6.2      49.3       27.0
Interest expense                                     (49.0)   (51.7)   (218.2)    (122.7)
Other, net                                             1.8    (53.5)   (292.6)    (149.8)
-----------------------------------------------------------------------------------------
Loss From Continuing Operations
  Before Income Taxes
  and Minority Interests                            (134.4)  (470.8)   (815.6)    (660.0)

Income tax benefit                                   (51.7)  (177.2)   (406.1)    (236.9)
Minority interests in net losses
  of subsidiaries                                     22.4      9.9      54.1       32.0
-----------------------------------------------------------------------------------------

Loss from continuing operations                      (60.3)  (283.7)   (355.4)    (391.1)

Income (Loss) from discontinued operations,
  net of taxes                                       (14.2)    51.9      36.1       99.8
Gain on sale of discontinued operations,
  net of taxes                                     1,132.3        -   1,132.3          -
-----------------------------------------------------------------------------------------

Net Income (Loss)                                  1,057.8   (231.8)    813.0     (291.3)

Adjustments to exclude the effect of GM purchase
  accounting adjustments                               1.0      5.1      16.9       21.0
-----------------------------------------------------------------------------------------

Earnings (Loss) Excluding the Effect of GM
  Purchase Accounting Adjustments                  1,058.8   (226.7)    829.9     (270.3)

Preferred stock dividends                            (24.1)   (24.6)    (97.0)     (50.9)
-----------------------------------------------------------------------------------------

Earnings (Loss) Used for Computation of Available
  Separate Consolidated Net Income (Loss)         $1,034.7  $(251.3)   $732.9    $(321.2)
=========================================================================================

Available Separate Consolidated Net Income (Loss)
Average number of shares of General Motors Class H
  Common Stock outstanding (in millions)
  (Numerator)                                        874.9    408.9     681.2      374.1
Average Class H dividend base (in millions)
  (Denominator)                                    1,298.7  1,290.3   1,297.0    1,255.5
Available Separate Consolidated Net Income (Loss)   $697.1   $(79.6)   $384.9     $(95.7)
=========================================================================================
Certain  1999  amounts  have  been   reclassified   to  conform  with  the  2000
presentation.

</TABLE>

                                      - 6 -




BALANCE SHEET
(Dollars in Millions)                             December 31,
                                                      2000        December 31,
ASSETS                                            (Unaudited)         1999
-------------------------------------------------------------------------------
Current Assets
Cash and cash equivalents                           $1,508.1          $238.2
Accounts and notes receivable                        1,253.0           960.9
Contracts in process                                   186.0           155.8
Inventories                                            338.0           236.1
Net assets of discontinued operations                      -         1,224.6
Deferred income taxes                                   89.9           254.3
Prepaid expenses and other                             778.7           788.1
-------------------------------------------------------------------------------
Total Current Assets                                 4,153.7         3,858.0
Satellites, net                                      4,230.0         3,907.3
Property, net                                        1,707.8         1,223.0
Net Investment in Sales-type Leases                    221.1           146.1
Intangible Assets, net                               7,151.3         7,406.0
Investments and Other Assets                         1,815.4         2,056.6
-------------------------------------------------------------------------------

Total Assets                                       $19,279.3       $18,597.0
===============================================================================

LIABILITIES AND STOCKHOLDER'S EQUITY
-------------------------------------------------------------------------------
Current Liabilities
Accounts payable                                    $1,224.2        $1,062.2
Deferred revenues                                      137.6           130.5
Short-term borrowings and current portion of            24.6           555.4
Accrued liabilities and other                        1,304.5           894.0
-------------------------------------------------------------------------------

Total Current Liabilities                            2,690.9         2,642.1
Long-Term Debt                                       1,292.0         1,586.0
Other Liabilities and Deferred Credits               1,647.3         1,454.2
Deferred Income Taxes                                  769.3           689.1
Commitments and Contingencies
Minority Interests                                     553.7           544.3
Stockholder's Equity                                12,326.1        11,681.3
-------------------------------------------------------------------------------

Total Liabilities and Stockholder's Equity         $19,279.3       $18,597.0
===============================================================================

Holders of GM Class H common stock have no direct rights in the equity or assets
of Hughes,  but rather  have  rights in the equity and assets of General  Motors
(which includes 100% of the stock of Hughes).


                                      - 7 -

<TABLE>


    SELECTED SEGMENT DATA
    (Dollars in Millions)
    (Unaudited)

<CAPTION>
                                       Three Months Ended                  Year
                                          December 31,              Ended December 31,
                                       ---------------------        --------------------
                                        2000         1999            2000        1999
    ------------------------------------------------------------------------------------
    ------------------------------------------------------------------------------------
    DIRECT-TO-HOME BROADCAST
<S>                                  <C>          <C>            <C>          <C>
    Total Revenues                   $ 1,520.5    $ 1,213.6      $ 5,238.0    $ 3,785.0
    EBITDA (1)                       $    16.4    $   (23.6)      $  (24.5)   $    22.4
    Operating Loss                   $  (147.0)   $  (131.4)      $ (557.9)   $  (289.6)
    Depreciation and Amortization    $   163.4    $   107.8       $  533.4    $   312.0
    Capital Expenditures (2)         $   264.4    $   263.5       $  913.5    $   516.9

    ------------------------------------------------------------------------------------
    SATELLITE SERVICES
    Total Revenues                   $   202.9    $   206.0      $ 1,023.6    $   810.6
    EBITDA (1)                       $   136.1    $   152.9       $  694.0    $   618.8
    EBITDA Margin (1)                     67.1%        74.2%          67.8%        76.3%
    Operating Profit                 $    37.5    $    79.4       $  356.6    $   338.3
    Operating Profit Margin               18.5%        38.5%          34.8%        41.7%
    Depreciation and Amortization    $    98.6    $    73.5       $  337.4    $   280.5
    Capital Expenditures (3)         $   131.9    $   133.4       $  449.5    $   956.4

    ------------------------------------------------------------------------------------
    NETWORK SYSTEMS
    Total Revenues                   $   389.5    $   386.5      $ 1,409.8    $ 1,384.7
    EBITDA (1)                       $   (34.3)   $  (237.2)      $    0.1    $  (156.7)
    Operating Loss                   $   (48.1)   $  (257.2)      $  (63.5)   $  (234.1)
    Depreciation and Amortization    $    13.8    $    20.0       $   63.6    $    77.4
    Capital Expenditures (4)         $   128.5    $    63.8       $  369.5    $   175.0

    ------------------------------------------------------------------------------------
    ELIMINATIONS and OTHER
    Total Revenues                   $   (53.9)   $  (108.1)      $ (383.8)   $  (420.0)
    EBITDA (1)                       $    35.6    $   (65.1)      $  (75.6)   $  (220.1)
    Operating Profit (Loss)          $    36.4    $   (62.6)      $  (89.3)   $  (229.1)
    Depreciation and Amortization    $    (0.8)   $    (2.5)      $   13.7    $     9.0
    Capital Expenditures             $   (14.1)   $    59.2       $  (16.4)   $    17.0

    ------------------------------------------------------------------------------------
    TOTAL
    Total Revenues                   $ 2,059.0    $ 1,698.0       $ 7,287.6   $ 5,560.3
    EBITDA (1)                       $   153.8    $  (173.0)      $  594.0    $   264.4
    EBITDA Margin (1)                      7.5%         N/A            8.2%         4.8%
    Operating Loss                   $  (121.2)   $  (371.8)      $ (354.1)   $  (414.5)
    Depreciation and Amortization    $   275.0    $   198.8       $  948.1    $   678.9
    Capital Expenditures             $   510.7    $   519.9       $ 1,716.1   $ 1,665.3

    ====================================================================================
    Certain  1999  amounts  have  been  reclassified  to  conform  with the 2000
    presentation.

    (1)EBITDA (Earnings Before Interest,  Taxes,  Depreciation and Amortization)
       is the sum of operating profit (loss) and depreciation and  amortization.
       EBITDA margin is calculated by dividing EBITDA by total revenues.
    (2)Includes  expenditures  related to satellites amounting to $35.0 million,
       $46.9 million, $108.2 million and $136.0 million, respectively.
    (3)Includes  expenditures related to satellites amounting to $105.6 million,
       $124.0  million,  $364.4 million and $532.8 million,  respectively.  Also
       included  in the 1999  amount is  $369.5  million,  related  to the early
       buy-out of satellite sale-leasebacks.
    (4)Includes  expenditures  related to satellites amounting to $99.8 million,
       $44.9 million, $293.0 million and $119.8 million, respectively.

</TABLE>

                                      - 8 -





                                    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.


                                          HUGHES ELECTRONICS CORPORATION
                                          ------------------------------
                                                  (Registrant)



                                       By
Date January 16, 2001                  /s/Roxanne S. Austin
     ----------------                  -----------------------------------
                                       (Roxanne S. Austin,
                                        Chief Financial Officer)


















                                      - 9 -
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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) January 16, 2001
                                  ----------------

                         HUGHES ELECTRONICS CORPORATION
            -----------------------------------------------------
            (Exact name of registrant as specified in its charter)

      STATE OF DELAWARE               0-26035                 52-1106564
----------------------------   -----------------------    -------------------
(State or other jurisdiction        (Commission            (I.R.S. Employer
 of incorporation or organization)   File Number)         Identification No.)

                          200 North Sepulveda Boulevard
                          El Segundo, California 90245
                         -------------------------------
                                 (310) 662-9688
                                ----------------
       (Address, including zip code, and telephone number, including area
                code, of registrants' principal executive office)

                                      - 1 -

ITEM 5. OTHER EVENTS

      On January 16,  2001,  a news  release was issued on the subject of fourth
quarter consolidated earnings by Hughes Electronics  Corporation  (Hughes).  The
news release did not include certain financial statements, related footnotes and
certain other financial  information  that will be filed with the Securities and
Exchange  Commission as part of Hughes'  Annual Report on Form 10-K. The release
is as follows:

                        HUGHES Reports 21-Percent Revenue
                          Growth In Fourth Quarter 2000

         A Record 1 Million Gross New U.S. Customers Purchase DIRECTV(R)
                           Systems During the Quarter

      El Segundo,  Calif.,  January 16, 2001 -- HUGHES Electronics  Corporation,
the world's  leading  provider of digital  television  entertainment,  satellite
services and  satellite-based  private business networks,  today reported fourth
quarter  2000  revenues  increased  21.3% to  $2,059.0  million,  compared  with
$1,698.0  million  in the  fourth  quarter of 1999.  EBITDA(1)  for the  quarter
increased to $153.8 million and EBITDA margin(1) was 7.5%, compared to an EBITDA
loss of $173.0 million in the fourth quarter of 1999.

      "Our growth continues to be driven by unprecedented demand for the DIRECTV
service in both the United  States and Latin  America,"  said  Michael T. Smith,
HUGHES chairman and chief executive  officer.  "In fact, on a gross basis,  more
than 1 million new customers  bought DIRECTV systems in the United States during
the quarter--a clear indication that demand for DIRECTV continues to be strong."

      As a  result  of this  continued  strong  demand,  DIRECTV  added a record
527,000  net  subscribers  in the United  States in the  quarter.  In  addition,
DIRECTV ended the quarter with a unique  backlog--supplementary to the company's
normal pending  accounts--of  more than 110,000  customers who purchased DIRECTV
systems and scheduled a  professional  installation.  Installation  capacity was
impeded  by the worst  weather in years for many  parts of the  country  and the
record demand for multi-receiver  DIRECTV systems,  which require  significantly
more time for installation.

      "With the addition of over 3.4 million gross subscribers in 2000,  DIRECTV
achieved its strongest  annual growth in history,"  Smith  continued.  "And this
year, we will continue to fuel growth with new product introductions,  including
DIRECTV with UltimateTV,  the DIRECTV/AOLTV receiver,  DIRECTV BROADBAND Powered
by DirecPC and a bundled  DIRECTV/Telocity  high-speed Internet DSL offering. We
will  be  the  only   provider  in  the  country  to  offer  these   combination
television/Internet  services,  and we are  confident  they will  resonate  with
consumers and add to our ability to retain customers."

      EBITDA for the quarter  increased to $153.8  million and EBITDA margin was
7.5%,  compared  to an EBITDA  loss of $173.0  million in the fourth  quarter of
1999. The 1999 EBITDA loss included a one-time  fourth quarter pre-tax charge of
$272  million  related to the  discontinuation  of certain  narrowband  wireless
businesses at HUGHES  Network  Systems  (HNS).  Excluding  the wireless  charge,
EBITDA  increased  55.4% from $99.0 million in the fourth quarter of 1999.  This
increase was  principally  due to one-time  favorable  adjustments  to corporate
expenditures  primarily  related to pension and other employee costs, and higher
EBITDA at DIRECTV U.S.  generated  principally from its larger  subscriber base.
These were partially  offset by increased  investments in new businesses such as
Hughes Network Systems's DirecPC(R) business and PanAmSat's Net-36(TM) broadband
Internet initiative.

      HUGHES had fourth quarter 2000 earnings(2) of $1,058.8  million,  compared
to a loss(2) of $226.7  million in the same period for 1999.  The  increase  was
primarily  due to a one-time  fourth  quarter  2000  after-tax  gain of $1,132.3
million related to the sale of HUGHES'  satellite  manufacturing  businesses and
the aforementioned increases in EBITDA. These were partially offset by increased
depreciation and amortization  expense resulting from the mid-1999 United States
Satellite  Broadcasting  (USSB) and  Primestar  transactions,  and the  expanded
PanAmSat  satellite  fleet,  as well  as  lower  equity  losses  related  to the
discontinuation of the DIRECTV Japan business.

                                      - 2 -

                         Full-Year 2000 Financial review

      Year-end 2000 revenues  increased 31.1% to $7,287.6  million,  compared to
$5,560.3  million in 1999.  This increase was primarily due to continued  record
subscriber growth at DIRECTV in the United States and Latin America,  additional
revenues resulting from the USSB and Primestar transactions, and higher outright
sales and sales-type leases of transponders at PanAmSat.

      EBITDA for the year more than doubled to $594.0  million and EBITDA margin
was 8.2%,  compared  to EBITDA of $264.4  million  and EBITDA  margin of 4.8% in
1999.  The increase in EBITDA was  primarily  attributable  to the 1999 wireless
charge.  Excluding the charge,  EBITDA  increased  10.7% from $536.4  million in
1999.  This  increase was primarily due to lower  corporate  expenses  primarily
related to pension  and other  employee  costs,  and higher  outright  sales and
sales-type  leases of transponders at PanAmSat.  These were partially  offset by
increased investments in DirecPC and Spaceway(TM), and higher marketing expenses
associated with the record subscriber growth at DIRECTV Latin America.

      Earnings(2)  for 2000  totaled  $829.9  million,  compared to a loss(2) of
$270.3 million in 1999.  The increase was primarily due to the $1,132.3  million
after-tax  gain  resulting  from the  sale of  HUGHES'  satellite  manufacturing
businesses and the  previously  discussed  increase in EBITDA.  These gains were
partially offset by increased  depreciation and amortization  resulting from the
mid-1999 USSB and Primestar  transactions  and the expanded  PanAmSat  satellite
fleet, and higher net interest  expense.  Additionally,  in the first quarter of
2000,  Hughes  booked a one-time  pre-tax  charge of $171  million  (reported in
"Other, net") related to its agreement with SkyPerfecTV! and the discontinuation
of the DIRECTV Japan business. The after-tax impact of this charge was a loss of
$13 million,  which includes the tax benefits  associated  with the write-off of
Hughes' historical investments in DIRECTV Japan.

                            Segment Financial Review
                               Fourth Quarter 2000

                            Direct-To-Home Broadcast

      Fourth  quarter  revenues  for the  segment  increased  25.3% to  $1,520.5
million from  $1,213.6  million in the fourth  quarter of 1999.  The segment had
EBITDA of $16.4 million  compared  with negative  EBITDA of $23.6 million in the
fourth quarter of 1999.

      United States: DIRECTV reported that quarterly revenues grew 23% to $1,351
million, compared with revenues of $1,100 million in the fourth quarter of 1999.
The increase was principally due to the continued strong subscriber growth.

      DIRECTV added a record 527,000 net  subscribers to its DIRECTV  service in
the quarter versus 515,000 net subscribers  added in the fourth quarter of 1999.
In the fourth  quarter  2000,  DIRECTV  also had a backlog of more than  110,000
additional   customers   who  purchased   DIRECTV   equipment  and  scheduled  a
professional  installation  through  the DIRECTV  Home  Services  Network.  This
backlog was in addition to DIRECTV's  normal  pending  accounts.  The  unusually
large  backlog  resulted  from severe winter storms in many parts of the country
and the particularly  strong demand for DIRECTV systems with two or more set-top
boxes, which require significantly more time for installation.

      For the  full-year,  DIRECTV  had its best year ever  with  1,834,000  net
high-power  subscriber  additions in 2000, a 14% improvement  over the 1,606,000
net subscribers  added in 1999. As of December 31, 2000,  DIRECTV had a total of
9.5 million subscribers in the United States.

      EBITDA for the fourth  quarter of 2000 more than  doubled to $59  million,
compared to EBITDA of $27 million in the previous  year's fourth  quarter.  This
improvement  resulted from the higher EBITDA attained from the larger subscriber
base,  which more than offset the higher  marketing  costs  associated  with the
record subscriber growth in the quarter.

      Latin  America:  DIRECTV Latin America  generated $169 million in revenues
for the quarter,  up 66% over the $102 million reported in the fourth quarter of
1999. This increase was due to continued strong subscriber growth.

                                      - 3 -

      DIRECTV Latin America added a record 168,000 net subscribers in the fourth
quarter of 2000,  a 24%  increase  over the 136,000  acquired in the same period
last year. In 2000--DIRECTV's best year ever in Latin America--the service added
501,000 net  subscribers  (57% greater than 1999),  bringing the total number of
subscribers in Latin America to 1,305,000 as of December 31, 2000.

      DIRECTV  Latin  America had an EBITDA  loss of $43  million  compared to a
similar  EBITDA loss of $42  million  for the same  period in 1999.  The minimal
change  was  primarily  a result of the fact  that the  higher  marketing  costs
associated with the record subscriber growth were mostly offset by the increased
EBITDA generated by the larger subscriber base.

                               Satellite Services

      PanAmSat,  which is 81% owned by HUGHES,  generated  fourth  quarter  2000
revenues of $202.9  million  compared  with $206.0  million in the prior  year's
period. This decline is mostly due to customer  conversions from operating lease
agreements to new sales-type lease agreements in 2000.

      PanAmSat's  fourth  quarter  2000  EBITDA was $136.1  million  compared to
$152.9  million  in last  year's  fourth  quarter.  EBITDA  margin in the fourth
quarter of 2000 was 67.1%  compared to 74.2% in the same  period last year.  The
decrease in EBITDA and EBITDA  margin was primarily due to an increase in direct
operating and selling,  general and  administrative  (SG&A) costs resulting from
the company's  continued fleet  expansion,  and increased  investment in the new
NET-36 broadband Internet initiative.

      As of December 31, 2000,  PanAmSat had contracts  for  satellite  services
representing future payments (backlog) of approximately $6.0 billion compared to
approximately  $5.8 billion in the third  quarter of 2000.  The increase was due
primarily  to new  contracts  with the  MultiChoice  direct-to-home  platform in
Southern Africa,  HNS's DirecPC business,  Digital Choice and the Lifetime Cable
Network.

                                 Network Systems

      Hughes  Network  Systems'  (HNS) fourth  quarter 2000 revenues were $389.5
million, compared to $386.5 million in the same period last year.

      HNS had a fourth quarter 2000 EBITDA loss of $34.3 million, compared to an
EBITDA  loss of $237.2  million  in the fourth  quarter of 1999.  The change was
largely due to the  effects of the $272  million  fourth  quarter of 1999 charge
related to the  discontinuation  of certain HNS wireless  businesses.  Excluding
this charge, HNS had EBITDA of $34.8 million in the fourth quarter of 1999. This
decline  in EBITDA is  primarily  attributable  to the  elimination  of  DIRECTV
equipment subsidies from DIRECTV and increased investment in DirecPC.

      HNS ended 2000 with a backlog of more than $500 million in its  Enterprise
business,  an increase of 24% over 1999.  This increase was due primarily to the
addition of contracts with customers including  Albertsons,  Jack in the Box, BP
Amoco Pipeline, Donato's and Outback Steakhouse.

      In its Consumer  businesses,  HNS shipped 680,000 DIRECTV receiver systems
in the fourth quarter of 2000, bringing its total number of receivers shipped to
more than 6 million.  In the fourth quarter of 1999, HNS shipped 715,000 DIRECTV
receiver  systems.  This  decline  was due to the  completion  of the  Primestar
conversion  process in the third  quarter  2000.  Also in the fourth  quarter of
2000, DirecPC launched the AOL Plus Powered By DirecPC service,  signed "Powered
By" distribution agreements with Earthlink and DIRECTV, and began delivering its
two-way via  satellite  Internet  access  equipment.  As of December  31,  2000,
DirecPC served more than 50,000 consumers in the United States.

                                  BALANCE SHEET

      From December 31, 1999 to December 31, 2000,  the  Company's  consolidated
cash  balance  increased  $1,269.9  million to  $1,508.1  million and total debt
decreased $824.8 million to $1,316.6  million.  The changes were principally due
to the receipt of approximately $3.1 billion in after-tax proceeds from the sale
of HUGHES'  satellite  manufacturing  businesses to The Boeing Company partially
offset by cash  requirements  for the year related to capital  expenditures  for
property, plant, equipment and satellites, and reduction of corporate debt.

                                      - 4 -

      HUGHES  Electronics  Corporation is a unit of General Motors  Corporation.
The earnings of HUGHES are used to calculate the earnings per share attributable
to the General Motors Class H common stock (NYSE:GMH).

      A live  webcast of  HUGHES'  fourth  quarter  2000  earnings  call will be
available at the  company's  website at  www.HUGHES.com.  The call will begin at
2:00 p.m. ET, today. Investors are advised to allow 15 minutes prior to the call
to register and download any necessary software. Following the completion of the
call,  the webcast  will be archived on the  Investor  Relations  portion of the
HUGHES website for at least one week. Hughes invites reporters to participate in
a listen-only mode on its fourth quarter 2000 analyst call at 2 p.m. ET Tuesday,
January 16, 2001. The dial-in number is 719-457-2634 and the  confirmation  code
is 585273.

      NOTE: HUGHES Electronics  Corporation  believes that some of the foregoing
statements may constitute forward-looking  statements. When used in this report,
the words  "estimate,"  "plan,"  "project,"  "anticipate,"  "expect,"  "intend,"
"outlook,"  "believe,"  and other similar  expressions  are intended to identify
such  forward-looking  statements and  information.  Important  factors that may
cause actual  results of HUGHES to differ  materially  from the  forward-looking
statements  in this report are set forth in the Form 10-Ks filed with the SEC by
GM and HUGHES.

---------------------
(1) EBITDA (Earnings Before Interest,  Taxes,  Depreciation and Amortization) is
the sum of operating  profit (loss) and depreciation  and  amortization.  EBITDA
margin is calculated by dividing EBITDA by total  revenues.
(2) Equals reported Net Income  (Loss)  excluding  the  effects of purchase
accounting adjustments related to General Motors' acquisition of HUGHES in 1985.

                                     ###

                                      - 5 -

STATEMENT OF OPERATIONS AND
AVAILABLE SEPARATE CONSOLIDATED NET INCOME (LOSS)
(Dollars in Millions)
(Unaudited)
Three Months
                                                        Ended               Year
                                                     December 31,     Ended December 31,
                                                   -----------------  -------------------
                                                    2000      1999     2000       1999
-----------------------------------------------------------------------------------------
Revenues
Direct broadcast, leasing and other services      $1,738.9 $1,403.8  $6,262.2   $4,550.8
Product sales                                        320.1    294.2   1,025.4    1,009.5
-----------------------------------------------------------------------------------------
Total Revenues                                     2,059.0  1,698.0   7,287.6    5,560.3
-----------------------------------------------------------------------------------------
Operating Costs and Expenses
Broadcast programming and other costs                776.9    664.6   2,812.8    2,039.0
Cost of products sold                                251.1    349.8     815.1      961.6
Selling, general and administrative expenses         877.2    856.6   3,065.7    2,295.3
Depreciation and amortization                        275.0    198.8     948.1      678.9
-----------------------------------------------------------------------------------------
Total Operating Costs and Expenses                 2,180.2  2,069.8   7,641.7    5,974.8
-----------------------------------------------------------------------------------------

Operating Loss                                      (121.2)  (371.8)   (354.1)    (414.5)

Interest income                                       34.0      6.2      49.3       27.0
Interest expense                                     (49.0)   (51.7)   (218.2)    (122.7)
Other, net                                             1.8    (53.5)   (292.6)    (149.8)
-----------------------------------------------------------------------------------------
Loss From Continuing Operations
  Before Income Taxes
  and Minority Interests                            (134.4)  (470.8)   (815.6)    (660.0)

Income tax benefit                                   (51.7)  (177.2)   (406.1)    (236.9)
Minority interests in net losses
  of subsidiaries                                     22.4      9.9      54.1       32.0
-----------------------------------------------------------------------------------------

Loss from continuing operations                      (60.3)  (283.7)   (355.4)    (391.1)

Income (Loss) from discontinued operations,
  net of taxes                                       (14.2)    51.9      36.1       99.8
Gain on sale of discontinued operations,
  net of taxes                                     1,132.3        -   1,132.3          -
-----------------------------------------------------------------------------------------

Net Income (Loss)                                  1,057.8   (231.8)    813.0     (291.3)

Adjustments to exclude the effect of GM purchase
  accounting adjustments                               1.0      5.1      16.9       21.0
-----------------------------------------------------------------------------------------

Earnings (Loss) Excluding the Effect of GM
  Purchase Accounting Adjustments                  1,058.8   (226.7)    829.9     (270.3)

Preferred stock dividends                            (24.1)   (24.6)    (97.0)     (50.9)
-----------------------------------------------------------------------------------------

Earnings (Loss) Used for Computation of Available
  Separate Consolidated Net Income (Loss)         $1,034.7  $(251.3)   $732.9    $(321.2)
=========================================================================================

Available Separate Consolidated Net Income (Loss)
Average number of shares of General Motors Class H
  Common Stock outstanding (in millions)
  (Numerator)                                        874.9    408.9     681.2      374.1
Average Class H dividend base (in millions)
  (Denominator)                                    1,298.7  1,290.3   1,297.0    1,255.5
Available Separate Consolidated Net Income (Loss)   $697.1   $(79.6)   $384.9     $(95.7)
=========================================================================================
Certain  1999  amounts  have  been   reclassified   to  conform  with  the  2000
presentation.
- 6 -

BALANCE SHEET
(Dollars in Millions)                             December 31,
                                                      2000        December 31,
ASSETS                                            (Unaudited)         1999
-------------------------------------------------------------------------------
Current Assets
Cash and cash equivalents                           $1,508.1          $238.2
Accounts and notes receivable                        1,253.0           960.9
Contracts in process                                   186.0           155.8
Inventories                                            338.0           236.1
Net assets of discontinued operations                      -         1,224.6
Deferred income taxes                                   89.9           254.3
Prepaid expenses and other                             778.7           788.1
-------------------------------------------------------------------------------
Total Current Assets                                 4,153.7         3,858.0
Satellites, net                                      4,230.0         3,907.3
Property, net                                        1,707.8         1,223.0
Net Investment in Sales-type Leases                    221.1           146.1
Intangible Assets, net                               7,151.3         7,406.0
Investments and Other Assets                         1,815.4         2,056.6
-------------------------------------------------------------------------------

Total Assets                                       $19,279.3       $18,597.0
===============================================================================

LIABILITIES AND STOCKHOLDER'S EQUITY
-------------------------------------------------------------------------------
Current Liabilities
Accounts payable                                    $1,224.2        $1,062.2
Deferred revenues                                      137.6           130.5
Short-term borrowings and current portion of            24.6           555.4
Accrued liabilities and other                        1,304.5           894.0
-------------------------------------------------------------------------------

Total Current Liabilities                            2,690.9         2,642.1
Long-Term Debt                                       1,292.0         1,586.0
Other Liabilities and Deferred Credits               1,647.3         1,454.2
Deferred Income Taxes                                  769.3           689.1
Commitments and Contingencies
Minority Interests                                     553.7           544.3
Stockholder's Equity                                12,326.1        11,681.3
-------------------------------------------------------------------------------

Total Liabilities and Stockholder's Equity         $19,279.3       $18,597.0
===============================================================================

Holders of GM Class H common stock have no direct rights in the equity or assets
of Hughes,  but rather  have  rights in the equity and assets of General  Motors
(which includes 100% of the stock of Hughes).

                                      - 7 -

    SELECTED SEGMENT DATA
    (Dollars in Millions)
    (Unaudited)
Three Months Ended                  Year
                                          December 31,              Ended December 31,
                                       ---------------------        --------------------
                                        2000         1999            2000        1999
    ------------------------------------------------------------------------------------
    ------------------------------------------------------------------------------------
    DIRECT-TO-HOME BROADCAST
Total Revenues                   $ 1,520.5    $ 1,213.6      $ 5,238.0    $ 3,785.0
    EBITDA (1)                       $    16.4    $   (23.6)      $  (24.5)   $    22.4
    Operating Loss                   $  (147.0)   $  (131.4)      $ (557.9)   $  (289.6)
    Depreciation and Amortization    $   163.4    $   107.8       $  533.4    $   312.0
    Capital Expenditures (2)         $   264.4    $   263.5       $  913.5    $   516.9

    ------------------------------------------------------------------------------------
    SATELLITE SERVICES
    Total Revenues                   $   202.9    $   206.0      $ 1,023.6    $   810.6
    EBITDA (1)                       $   136.1    $   152.9       $  694.0    $   618.8
    EBITDA Margin (1)                     67.1%        74.2%          67.8%        76.3%
    Operating Profit                 $    37.5    $    79.4       $  356.6    $   338.3
    Operating Profit Margin               18.5%        38.5%          34.8%        41.7%
    Depreciation and Amortization    $    98.6    $    73.5       $  337.4    $   280.5
    Capital Expenditures (3)         $   131.9    $   133.4       $  449.5    $   956.4

    ------------------------------------------------------------------------------------
    NETWORK SYSTEMS
    Total Revenues                   $   389.5    $   386.5      $ 1,409.8    $ 1,384.7
    EBITDA (1)                       $   (34.3)   $  (237.2)      $    0.1    $  (156.7)
    Operating Loss                   $   (48.1)   $  (257.2)      $  (63.5)   $  (234.1)
    Depreciation and Amortization    $    13.8    $    20.0       $   63.6    $    77.4
    Capital Expenditures (4)         $   128.5    $    63.8       $  369.5    $   175.0

    ------------------------------------------------------------------------------------
    ELIMINATIONS and OTHER
    Total Revenues                   $   (53.9)   $  (108.1)      $ (383.8)   $  (420.0)
    EBITDA (1)                       $    35.6    $   (65.1)      $  (75.6)   $  (220.1)
    Operating Profit (Loss)          $    36.4    $   (62.6)      $  (89.3)   $  (229.1)
    Depreciation and Amortization    $    (0.8)   $    (2.5)      $   13.7    $     9.0
    Capital Expenditures             $   (14.1)   $    59.2       $  (16.4)   $    17.0

    ------------------------------------------------------------------------------------
    TOTAL
    Total Revenues                   $ 2,059.0    $ 1,698.0       $ 7,287.6   $ 5,560.3
    EBITDA (1)                       $   153.8    $  (173.0)      $  594.0    $   264.4
    EBITDA Margin (1)                      7.5%         N/A            8.2%         4.8%
    Operating Loss                   $  (121.2)   $  (371.8)      $ (354.1)   $  (414.5)
    Depreciation and Amortization    $   275.0    $   198.8       $  948.1    $   678.9
    Capital Expenditures             $   510.7    $   519.9       $ 1,716.1   $ 1,665.3

    ====================================================================================
    Certain  1999  amounts  have  been  reclassified  to  conform  with the 2000
    presentation.

    (1)EBITDA (Earnings Before Interest,  Taxes,  Depreciation and Amortization)
       is the sum of operating profit (loss) and depreciation and  amortization.
       EBITDA margin is calculated by dividing EBITDA by total revenues.
    (2)Includes  expenditures  related to satellites amounting to $35.0 million,
       $46.9 million, $108.2 million and $136.0 million, respectively.
    (3)Includes  expenditures related to satellites amounting to $105.6 million,
       $124.0  million,  $364.4 million and $532.8 million,  respectively.  Also
       included  in the 1999  amount is  $369.5  million,  related  to the early
       buy-out of satellite sale-leasebacks.
    (4)Includes  expenditures  related to satellites amounting to $99.8 million,
       $44.9 million, $293.0 million and $119.8 million, respectively.
- 8 -

                                    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.

                                          HUGHES ELECTRONICS CORPORATION
                                          ------------------------------
                                                  (Registrant)

                                       By
Date January 16, 2001                  /s/Roxanne S. Austin
     ----------------                  -----------------------------------
                                       (Roxanne S. Austin,
                                        Chief Financial Officer)

                                      - 9 -