Rick Wagoner
Rick Wagoner
George Richard "Rick" Wagoner, Jr.is an American businessman and former Chairman and Chief Executive Officer of General Motors. Wagoner resigned as Chairman and CEO at General Motors on March 29, 2009, at the request of the White House. The latter part of Wagoner's tenure as CEO of General Motors found him under heavy criticism as the market valuation of GM went down by more than 90% and the company lost more than $82 billion USD. This led to his being...
NationalityAmerican
ProfessionBusinessman
Date of Birth9 February 1953
CountryUnited States of America
Health costs in this country are out of control, ... This will significantly improve our overall cost competitiveness ... and will be critical to getting GM North America back to profitability as soon as possible.
Health costs in this country are out of control,
Health care costs in this country are out of control, ... We would really like to see much more focus and leadership from elected officials, especially in Washington.
The lower prices have given consumers a compelling reason to try our new vehicles, and it's working.
I've given no thought to anything but turning the business around, ... I wasn't brought up to run and hide when things get tough. I'm convinced that's the way that things get righted.
The first quarter represented an important milestone in GM and GM North America's turnaround.
The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups, ... reflects too much reliance on those products for profitability.
A lot of times, people will get down on the situation with the unions and with the UAW. But this wouldn't have worked without good engagement at the local level with the UAW. They understand that improving quality and productivity is important for their long-term success as well. It's been a real team sport.
You've got to have a consistent, gradual growth strategy, and I think some basics are going to be required,
All this improvement is great, but all that does is get us in the game to play for improvements that we need in the future, so that we can be aggressive in the marketplace.