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GM'S ALLISON GAS TURBINE DIVISION FOR SALE

 GM'S ALLISON GAS TURBINE DIVISION FOR SALE
 DETROIT, April 2 /PRNewswire/ -- General Motors (NYSE: GM)


announced today that it is seeking a buyer for its Allison Gas Turbine Division.
 The division is a leading designer and manufacturer of turbine engines for aerospace, industrial and marine applications. Allison currently has approximately 6,300 employes and maintains manufacturing and research facilities in Indianapolis.
 "This action is consistent with the strategic priorities GM has set to focus its total energies and resources on improving the competitive position of its core business sectors to achieve its long-term goal of increasing the value of GM to its stockholders," William E. Hoglund said. Hoglund is executive vice president in charge of GM's Automotive Components Group, Power Products and Defense Operations Group and Service Parts Operation.
 "GM regards Allison Gas Turbine Division as a highly successful and important business," he said. "It has been the driving force in the development and manufacture of aircraft engines since the acquisition of Allison by General Motors in 1929. We expect the business will continue to focus on high-technology products and services. Allison Gas Turbine has a worldwide customer base and many governments rely on Allison products for their defense needs."
 According to Hoglund, "A sale is intended to position this vital business to continue and enhance its contribution to the industries it serves for the
benefit of customers, employes and suppliers." This action is consistent with the announcement by GM Chairman Robert Stempel Dec. 18, 1991, and reiterated by him in February.
 "Allison has been a part of General Motors for 63 years and we appreciate the support that GM has given us," said Dr. F. Blake Wallace, vice president of General Motors and general manager of Allison Gas Turbine Division. "We understand GM's decision to focus its energies and resources on its core businesses."
 Dr. Wallace said, "Allison Gas Turbine intends to maintain the stability of its current operations during the transition period. Foremost, our customers will continue to receive our highest level of support. In following the strategic initiatives that have served us so well over the past years, we will continue to meet our current commitments and aggressively press forward with new and derivative products for commercial and military customers."
 Officials at Allison Gas Turbine and GM believe that Allison's solid reputation in the aerospace industry and its recent business successes make the division an attractive opportunity for potential buyers.
 -0- 4/2/92
 /CONTACT: C.C. Licari of GM, 313-556-6910; or Eric Dickerson of Allison Gas Turbine, 317-230-4021/
 (GM) CO: General Motors Corporation; Allison Gas Turbine Division ST: Michigan, Indiana IN: AUT ARO SU:


KK -- DE015 -- 4342 04/02/92 11:32 EST
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Date:Apr 2, 1992
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