Fritz Henderson
Fritz Henderson
Frederick Arthur "Fritz" Hendersonwas President and Chief Executive Officer of General Motors. Prior to his appointment as CEO on March 31, 2009, Henderson was the Vice President of General Motors and has been with the company since 1984. Frederick Henderson resigned as the CEO of General Motors on December 1, 2009...
incentive problem solution
No one has more of an incentive to find a solution for this (Delphi) problem than we do.
definition determined frankly modest optimists profit quarter
We are by definition optimists but I think determined would be a better word. It was a first step, an important step, but frankly it was one quarter of very modest profit and we are not stopping,
considered felt including keeping
We felt economically all things considered this was a better transaction for us than alternatives including keeping the business.
certainly expect half second year
We certainly expect the second half of the year to be considerably better than the first
came satisfied signs turnaround
I wouldn't say that we're satisfied with any of the results. But if you look at where we came from, there are signs that the turnaround is working.
company ignores woe
Woe to the company that ignores the customer.
achieved pace picked
We've achieved what we said we'd achieve, and we picked up pace in the first quarter.
fourth highlights tough
There were no highlights for the fourth quarter. It was a very, very tough quarter.
customers deliver diesel learn mileage
The more customers learn about hybrids, the more they want them, ... in many cases, a (modern) diesel can actually deliver better mileage than a hybrid.