This agreement is another important milestone in the turnaround of General Motors.
More Quotes from 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
Ford, as I understand it, had done away with the concept of regional management, and now they've re-introduced that in Europe, so it's kind of a two-way street.
Rick Wagoner
I don't think having me do both the jobs, the corporate job and the North American job, is the right long-term answer. But I think while we're in the midst of the turnaround, the value of the shortened lines of communication speaks for itself. And so we're going to stick with it for a while longer.
Rick Wagoner
Frankly, we've done it in the fairest and most cost-effective way we could do it,
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
We no longer take it for granted that we can't be the most productive manufacturer. That's the way it used to be in the 1950s and l960s. We need to get back to that, as one element of a strong position in this excess capacity world that we're going to be in.
Rick Wagoner
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Based on Topics: Agreements QuotesBased on Keywords: turnaround
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