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
We have to offer products people want to buy, not have to buy,
That's because a couple products represent a larger percentage of the total at Chrysler than at GM. That can be an advantage and a curse, in terms of sales going up or down based on the results of a couple cars.
Most of the model consolidation we've done is behind us. There will be some fine tuning.
Whoever is ahead in this area can get a big advantage versus the other guys. Just being big isn't enough. We really want to pick up the pace in everything we do in the company.
I was incredibly impressed with his (Lutz's) continuing passion and enthusiasm for cars and trucks and the auto industry in general,
I think everybody's reeling a little bit about how fast things have moved south,
You can buy another product; this is a free country. But if you do, you're paying more than you need to.
will reduce the impact of plan changes on affected individuals.
We hope it eases up, but I can't obviously tell you've we've seen a lot of evidence of that,
We no longer take it for granted that we can't be the most productive manufacturer. That's the way it used to be in the 1950s and l960s. We need to get back to that, as one element of a strong position in this excess capacity world that we're going to be in.
We haven't asked for a bailout but we have asked for a lot of things and the reaction in Washington has been very slow.
We haven't dropped the goal, ... It's obviously tougher right now as we have pension and health-care costs right now, for example.
We've got to move more quickly in addressing these challenging, chronic structural-cost issues,
Given the challenges we face in North America, it makes sense for me to assume control of GM North America's day-to-day operations and shorten the lines of communication and decision-making,