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.
More Quotes from Richard Wagoner:
This approval allows us to fulfill those important objectives as we continue to rapidly implement all aspects of our North American turnaround plan.Richard Wagoner
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.
Richard Wagoner
Why is every year the industry sales figure bigger than what we tell you it's going to be at the beginning of the year ... Obviously the traditional models are not working. Is that going to continue indefinitely I don't know. I suspect so. Why is it up A lot of wealth in the U.S. economy and vehicle prices relative to that wealth are the lowest they've been in 20 or 30 years.
Richard Wagoner
A number of other U. S. companies have already taken similar action in the face of these rising costs and increasing global competition. In particular, U. S. healthcare costs continue to rise at high rates. When these benefits were conceived decades ago, no one could have foreseen the explosive cost inflation that we have been experiencing in recent years. These costs are simply not sustainable.
Richard Wagoner
The results show that our focus on cost reduction and success in the marketplace lead to continued strong financial results,
Richard Wagoner
During his 36-year career at GM, Mike has made a tremendous contribution to GM in a broad range of assignments, ... And, he's been a long-time advisor and friend to me and many others in the company. We thank him and wish him well.
Richard Wagoner
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