I want to be clear I'm not saying we expect the government to pick these expenses up. I think they've made it very clear they don't intend to do that, at least the current administration.
More Quotes from Rick Wagoner:
If I look at our priority list on the things we need to do to get cost-competitive, wage rates are nowhere near the top for us. We have a far greater burden in legacy costs, in flexibility of using our work force, in jobs banks than we do in wage rates.Rick Wagoner
It's clear that the U.S. market and economic conditions have become significantly more uncertain. Overall we remain very bullish on the prospects for the auto industry in the U.S. and globally but at this point we are viewing the U.S. economy and auto market environment with considerable caution.
Rick Wagoner
That's silly. Fritz took the CFO job because I asked him to, and the board approved. It was a logical progression in his career and I hope Fritz continues to develop and grow. One of my most important jobs as chairman of GM is to identify and grow talent.
Rick Wagoner
Really, a lot of our share loss this year is a strategy to -- and I think it's the right thing to do -- lessen the daily rental fleet,
Rick Wagoner
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.
Rick Wagoner
The good news is, we know what we need to do to be successful in the business. What we need to do is get products that people are excited about and price them the right way, supported by the right kind of cost structure, and I think in that sense it's moving pretty good.
Rick Wagoner
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