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.
More Quotes from Rick Wagoner:
Any time GM and UAW has something going on, we're all curious about how that may affect us,Rick Wagoner
We believe in fair exchange rates and Japan doesn't practice that. They have massive U.S. dollar reserves, and they use them to intervene regularly.
Rick Wagoner
I've actually been saying I don't think anybody makes any money on hybrids, but that's not an accurate statement. Our bus hybrids can make money sometimes.
Rick Wagoner
Today we are announcing a significant update on our plan to address our health-care burden, which is the cornerstone of our efforts to reduce structural costs by a 5 billion (US) run rate by the end next year.
Rick Wagoner
I'm not sure I'm going to make a lot of progress by scorekeeping everybody's sacrifice.
Rick Wagoner
While vehicle deliveries were somewhat resilient last week, it is too soon to determine the effect on consumer confidence, ... We will closely monitor the economic outlook and will be prepared to make appropriate production adjustments.
Rick Wagoner
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