The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups, ... reflects too much reliance on those products for profitability.
More Quotes from Rick Wagoner:
Jerry brings years of business experience and knowledge of the automotive industry to the GM board. We are pleased to welcome him to our Board.Rick Wagoner
Our relationship is strong, and we look forward to our continued partnership. This transaction will allow us to preserve our business relationship, while further building up GM's already significant liquidity position during this critical phase of our turnaround.
Rick Wagoner
We don't always agree on stuff, but when it's time to blow the whistle and start the game, we're not still debating.
Rick Wagoner
I'm not sure I'm going to make a lot of progress by scorekeeping everybody's sacrifice.
Rick Wagoner
In order to improve financial results in 2006 and 2007, we are moving quickly to implement several important actions that will address these weaknesses in North America. And we have a good line of sight on the steps we need to take to further reduce structural costs on a global basis that will position GM for long-term success.
Rick Wagoner
I don't see a big panacea reducing the number of brands we have.
Rick Wagoner
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