Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
HENDERSON FREDERICK A
  2. Issuer Name and Ticker or Trading Symbol
GENERAL MOTORS CORP [GM]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
President and COO
(Last)
(First)
(Middle)
300 RENAISSANCE CENTER, MC 482 C32 B24
3. Date of Earliest Transaction (Month/Day/Year)
03/05/2008
(Street)

DETROIT, MI 48265-3000
4. If Amendment, Date Original Filed(Month/Day/Year)
6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)
2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)
4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)
5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)
6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)
7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
General Motors Common Stock, $1-2/3 Par Value               8,529 D  
General Motors Common Stock, $1-2/3 Par Value               6,318 I Trust (4)

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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)
2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)
5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)
6. Date Exercisable and Expiration Date
(Month/Day/Year)
7. Title and Amount of Underlying Securities
(Instr. 3 and 4)
8. Price of Derivative Security
(Instr. 5)
9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)
10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)
11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 23.13 03/05/2008   A   250,000   03/05/2009(1) 03/06/2018 General Motors Common Stock, $1-2/3 Par Value 250,000 $ 0 250,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (2) $ 23.13 03/05/2008   A   200,000     (2) 03/06/2015 General Motors Common Stock, $1-2/3 Par Value 200,000 $ 0 200,000 D  
GM Stock $1-2/3 Par Value Restricted Stock Units (3) $ 0 03/05/2008   A   60,000   03/05/2011(3)   (3) General Motors Common Stock, $1-2/3 Par Value 60,000 $ 0 60,000 D  
GM Phantom Stock Units $1-2/3 Par Value Common Stock (5) $ 0               (5)   (5) General Motors Common Stock, $1-2/3 Par Value 3,055   3,055 D  
GM Stock $1-2/3 Par Value Deferred Stock Units (6) $ 0               (6)   (6) General Motors Common Stock, $1-2/3 Par Value 47,144   47,144 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 71.53             01/11/2000(1) 01/12/2009 General Motors Common Stock, $1-2/3 Par Value 20,434   20,434 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 75.5             01/10/2001(1) 01/11/2010 General Motors Common Stock, $1-2/3 Par Value 30,000   30,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 52.35             01/08/2002(1) 01/09/2011 General Motors Common Stock, $1-2/3 Par Value 45,000   45,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 50.46             01/07/2003(1) 01/08/2012 General Motors Common Stock, $1-2/3 Par Value 55,000   55,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 50.82             02/04/2003(1) 02/05/2012 General Motors Common Stock, $1-2/3 Par Value 35,000   35,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 40.05             01/21/2004(1) 01/22/2013 General Motors Common Stock, $1-2/3 Par Value 55,000   55,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 53.92             01/23/2005(1) 01/24/2014 General Motors Common Stock, $1-2/3 Par Value 50,000   50,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 36.37             01/24/2006(1) 01/25/2015 General Motors Common Stock, $1-2/3 Par Value 50,000   50,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 20.9             02/23/2007(1) 02/24/2016 General Motors Common Stock, $1-2/3 Par Value 160,000   160,000 D  
GM Stock $1-2/3 Par Value Option (Right to Buy) (1) $ 29.11             03/20/2008(1) 03/21/2017 General Motors Common Stock, $1-2/3 Par Value 250,000   250,000 D  
GM Stock $1-2/3 Par Value Restricted Stock Units (7) $ 0             03/20/2008(7)   (7) General Motors Common Stock, $1-2/3 Par Value 60,000   60,000 D  

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
HENDERSON FREDERICK A
300 RENAISSANCE CENTER
MC 482 C32 B24
DETROIT, MI 48265-3000
      President and COO  

Signatures

 /s/ Martin I. Darvick, attorney-in-fact for Mr. Henderson   03/06/2008
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) Employee stock option granted pursuant to Rule 16b-3 qualified General Motors Stock Incentive Plan. Stock options vest and become exercisable in three equal annual installments, commencing, respectively, one, two and three years from the date of initial grant. Date shown in column 6 is the date the first installment becomes/became exercisable.
(2) Employee stock option granted pursuant to Rule 16b-3 qualified General Motors Stock Incentive Plan. The options are performance contingent stock options. The stock option contingently vests on March 5, 2009 followed by a four year performance period (March 5, 2009 - March 5, 2013). The stock options contain a single performance trigger which will vest all options if the price of General Motors common stock is equal to or greater than $40 during any 10 day period during any 30 day trading period commencing after March 5, 2009. Once the performance requirement is met, the options become exercisable at any time through the seventh anniversary of the option grant (March 5, 2015). After exercise, net shares must be held for two years while an active employee. If the performance trigger is not met by the fifth anniversary of the stock option grant (March 5, 2013), the stock option will expire.
(3) Restricted Stock Units are granted under the Rule 16b-3 qualified General Motors Stock Incentive Plan. The RSUs are denominated in stock and are to be delivered in stock in three annual installments commencing, respectively, three, four and five years from the date of the initial grant. Each Restricted Stock Unit is the economic equivalent of one share of General Motors common stock. Dividend equivalents are earned on each undelivered Restricted Stock Unit. Date shown in column 6 is the date the first installment is payable. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.
(4) Shares held in trust under General Motors Savings Stock Purchase Program as of 12/31/07. State Street Bank & Trust Co., Trustee. Shares owned pursuant to Rule 16b-3 exempt employee savings plan.
(5) The Phantom Stock Units are held under Section 16b-3(c) exempt Rule 16b-3(b)(2) eligible excess benefit plan operated in conjunction with a qualified 401(k) plan. Each Unit is the economic equivalent of one share of General Motors common stock. The Units are payable in cash upon separation from General Motors. These Units are being reported even though they are exempt under Rule 16b-3. Units held as of 12/31/07. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.
(6) The Deferred Stock Units were accrued under the Rule 16b-3 qualified General Motors Deferred Compensation Plan. Each Deferred Stock Unit is the economic equivalent of one share of General Motors common stock. Dividend equivalents are earned on each Deferred Stock Unit. Units held as of 12/31/07. The Deferred Stock Units convert on a "1 for 1" basis. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.
(7) Restricted Stock Units are granted under the Rule 16b-3 qualified General Motors Stock Incentive Plan. The RSUs are denominated in stock and are to be delivered in stock in five annual installments commencing, respectively, one, two, three, four and five years from the date of the initial grant. Dividend equivalents are earned on each undelivered Restricted Stock Unit. Each Restricted Stock Unit is the economic equivalent of one share of General Motors common stock. Date shown in column 6 is the date the first installment is payable. The price of zero is notional and only used for purposes of facilitating the electronic filing of this Form.

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