Richard Wagoner
Richard 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...
challenges competition earn global maintain realistic respect sales
I'm not conceding anything to anybody. We respect our competition around the world, and we're realistic about our challenges and opportunities. We know we have to earn the right to maintain our global sales leadership, and we're doing that day after day.
brutally hot market north red
The North American market is red hot and brutally competitive,
brand carry plays premium saturn segment shown
Over the years we've shown the Saturn brand can carry a premium in the segment that it plays in,
days looking next point sales
At this point we don't see big concerns, ... We're looking for some big sales over the next 30 days or so.
continued cost financial focus lead reduction results strong success
The results show that our focus on cost reduction and success in the marketplace lead to continued strong financial results,
call easy everybody involved medicine running sound tough
I think this is tough medicine for everybody involved with our company, ... I don't want to make this sound like an easy call for us or for them, but this is our call. We are responsible for running this part of the business.
reach taken time
While it may have taken some time to reach this solution, I think it was time very well spent,
across hopefully level lower production reach state steady swallow
What we're all going to have to do is ratchet back production capacity, and that's painful, ... Once you swallow that, then you hopefully reach a steady state and lower level of production across the board.