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.
More Quotes from Rick Wagoner:
It's one factor that's important in our overall cost competitiveness. I can't tell you it's the only or the primary thing for us,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
You've got to have a consistent, gradual growth strategy, and I think some basics are going to be required,
Rick Wagoner
I'm not sure I'm going to make a lot of progress by scorekeeping everybody's sacrifice.
Rick Wagoner
These results reinforce the need to step up our efforts to eliminate waste and lower costs, ... The industry continues to venture into new territory -- near-record demand mixed with unprecedented price pressures and intensely strong competition on all fronts.
Rick Wagoner
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