Discounts on General Motors Vehicles

As a New York Times Company Employee, you now have the opportunity to take advantage of the Company’s fleet discount through GM.

Under the GM Program Plus, all eligible New York Times Company employees can buy or lease a new and unused GM car, truck, sport utility or minivan from participating U.S. GM Dealers at a discounted rate. This program is available through September 2003.

How to take advantage:

1. Call program headquarters at 1-800-960-3375 or visit the web site at www. GMsupplierdiscount.com. Provide your name, Social Security number, home address and phone number. Then fax to (1-888-358-7312) or mail a photocopy of your current pay stub or employee ID badge to: GM supplier Discount, Program Headquarters, P.O. Box 33085, Detroit, MI 48233-5085. If you qualify, a GM Form 1753 will be mailed to your home address. It will take approximately 3-5 business days for your GM Form to Arrive. Or you can request the form from the www.Gmsupplierdiscount.com website.

2. Visit your participating GM Dealer, and let your salesperson know you are taking advantage of the GM Supplier New Vehicle Purchase Program Plus. Then present your form (GM 1753) when you buy or lease your vehicle. You must take retail delivery by September 30, 2003. Eligible vehicles bought or leased under this program may also qualify for national or regional incentives currently available at the time of retail delivery. See your participating GM Dealer for details.

FAQ’s:
1. Who is eligible?
New York Times Company Employee’s. Active hourly and salary (full-and part-time) employees. Please note that to qualify for this program, you must be a resident of the United States.

2. What is the discount?
For vehicles other that SAAB, each dealer invoice will list a GM Supplier Discount price. The price is figured at the price a GM employee would pay for that vehicle plus 4%. You can then compare your cost to the Manufacturer’s Suggested Retail Price to calculate your discount.
For SAAB: The GM supplier price for SAAB is calculated as the dealer invoice price, less key market advertising, if applicable. SAAB provides a GM program/supplier price list which you may request by calling SAAB’s Customer Assistance Center at 1-800-955-9007. You may also ask your sales representative to show you a copy of the dealer invoice. You can then compare your cost to the Manufacturer’s Suggested Retail Price to calculate your discount.

3. How long is the discount available?
This offer is valid for eligible new and unused GM vehicles delivery through September, 2003.

4. Which GM vehicles are eligible?
Eligible vehicles include new and unused 2001,2003 or 2003 model-year GM passenger cars, light-duty trucks, minivans and sport utility vehicles. Eligibility of GM vehicles may change at any time without notice. EV1 and Hummer are not eligible for this program, and some models may have limited availability, especially Corvette. 2003 model-year vehicles may have limited availability.

5. Can I receive this discount from any GM Dealer?
This program is available through all participating U.S. GM Dealers and is voluntary on the part of those dealers. Dealer participation is on a vehicle-by-vehicle basis. Please inform your dealer of your intention to use the GM Supplier Discount Program during your first contact with your dealer. If for some reason your dealer elects not to participate, you may visit another GM Dealer.

6. Are Dealer demonstration vehicles included in this program?
Yes. If the vehicle has less than 7,500 miles and a dealer demo allowance has not been paid on the vehicle. See your dealer for details.

7. Are dealer-installed options covered by this discount (e.g.: theft-deterrent devices, OnStar, etc.)?
No. Any additional dealer-installed options, conversion/upfit packages, GM Protection Plans and other extra-charge items will be supplied at a price agreed upon between the customer and the dealer.

8. Are any extended warranties included in this program?
No. Not in this plan, but they are available for an added cost.

9. Can I combine this discount with current eligible regional incentives?
Yes. For specific information on current eligible regional incentives, go to www.gmsupplierdiscount.com and click on the incentives button.

10. How many vehicles am I eligible to purchase/lease?
Two vehicles per eligible employee. The vehicles must be delivered during the 2003 model year. (For purposes of this program, October 1, 2001, through September 30, 2003.)

11. How do I get an approved GM Form 1753, and how long does it take?
Simply call Program Headquarters and request an Employment Verification Form at 1-800-960-3463. Complete and fax or mail your form, along with mandatory proof of employment status: a photocopy of either your employee badge or current company pay stub. Once your employment verification is received at Program Headquarters, your GM Form 1753 will be sent first-class mail and should arrive within three to five business days.

12. Are my family members eligible for this program?
No. All vehicles must be titled and registered or leased (GMAC SmartLease) in the approved employee’s (not company) name only.

13. How long do I need to keep the vehicle in order to qualify for my GM Supplier and Fleet /SVM Purchase Program Plus discount?
The vehicle must be retained a minimum of six months if purchased and twelve months if it is a GMAC SmartLease.

14. I recently bought/leased a new GM vehicle. Can I still apply the GM Supplier and Fleet/SVM Purchase Program Plus discount?
No. The Form 1753 must be in hand prior to visiting the dealer. This program applies only to eligible GM vehicles retail-delivered through September 2003.

15. Can I order a vehicle using this program, rather than choosing one from my GM Dealer’s inventory?
Yes, but you must take delivery by September 30, 2003.

16. Do I have to purchase or lease through GMAC? You do not need to purchase through GMAC, but all leases must go through GMAC.

17. Can I use a trade-in with this program? You’ll need to check with your dealer for that information.

18. Does the purchase/lease require a down payment? You’ll need to check with your dealer for that information.

19. How do I get an approved GM Form 1753, and how long does it take? Simply scroll to the top of the GM website page: www.gmsupplierdiscount.com and click on the "Request Form" button. Fill out the form provided and then point and click on the "Submit" button at the bottom of the form. Follow the instructions on how to submit your proof of employment to complete your request. Once your employment verification is received at Program Headquarters, your GM Form 1753 will be sent first-class mail and should arrive within three to five business days.

20. I lost my GM Form 1753. How can I get a new one? You can request a GM Form 1753 reprint by calling Program Headquarters at 1-800-960-3375.

21. My GM Form 1753 states that it is valid for six months from the date printed on the form. My form is more than six months old. May I still use this form? Yes. The GM Supplier Discount Program has been extended through September 30, 2003. Your form will still be valid through that date.

22. How long do I need to keep the vehicle in order to qualify for my GM Supplier Discount Program discount?
The vehicle must be retained a minimum of six months if purchased and 12 months if acquired through a GMAC SMARTLEASE. However, approved individuals may still only purchase or lease two vehicles during the program period, which is October 1, 2001, through September 30, 2003.

To request your official form or for more details:
Call GM Program Headquarters directly at 1-800-960-3375.