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) April 9, 1999
                                  -----------------




                           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                 48265-1000
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

   Management of General Motors  Corporation (GM) has established 1999 "stretch"
net income  targets for its  automotive  regions and General  Motors  Acceptance
Corporation  (GMAC).  General  Motors North  America has a "stretch"  net income
target of $4 billion. General Motors Europe (including Saab Automobile A.B.) has
a  "stretch"  net  income  target of $900  million.  The  General  Motors  Latin
America/Africa/Mid-East  and General  Motors Asia  Pacific  regions,  due to the
economic  conditions in those regions,  have  "stretch"  targets of limiting net
losses to approximately  those reported in 1998. GMAC has a "stretch" net income
target of $1.5 billion.

   The  1999  net  income  levels  comprehended  by the  "stretch"  targets  are
significantly  higher than levels established through GM's traditional  business
planning process.  Consequently,  management views "stretch" targets as having a
significantly lower likelihood of achievement.

   The  principal  important  factors  which may cause actual  results to differ
materially from those expressed in the above forward-looking  statements made by
the management of GM are set forth in GM's Form 10-K for the year ended December
31, 1998 at page II-22.


                                 * * * * * *

                                    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    April 9, 1999
        -----------------
                                            By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)


























                                    - 2 -
[{"type": "8-K", "sequence": "1", "description": "STRETCH INCOME", "secsgml_size_bytes": 3580}]
{"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": "99590811"}, "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) April 9, 1999
                                  -----------------

                           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                 48265-1000
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

   Management of General Motors  Corporation (GM) has established 1999 "stretch"
net income  targets for its  automotive  regions and General  Motors  Acceptance
Corporation  (GMAC).  General  Motors North  America has a "stretch"  net income
target of $4 billion. General Motors Europe (including Saab Automobile A.B.) has
a  "stretch"  net  income  target of $900  million.  The  General  Motors  Latin
America/Africa/Mid-East  and General  Motors Asia  Pacific  regions,  due to the
economic  conditions in those regions,  have  "stretch"  targets of limiting net
losses to approximately  those reported in 1998. GMAC has a "stretch" net income
target of $1.5 billion.

   The  1999  net  income  levels  comprehended  by the  "stretch"  targets  are
significantly  higher than levels established through GM's traditional  business
planning process.  Consequently,  management views "stretch" targets as having a
significantly lower likelihood of achievement.

   The  principal  important  factors  which may cause actual  results to differ
materially from those expressed in the above forward-looking  statements made by
the management of GM are set forth in GM's Form 10-K for the year ended December
31, 1998 at page II-22.

                                 * * * * * *

                                    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    April 9, 1999
        -----------------
                                            By
                                            s/Peter R. Bible
                                            -------------------------------
                                            (Peter R. Bible,
                                             Chief Accounting Officer)

                                    - 2 -