GM’s CEO Rick Wagoner may be facing a lot of opposition, but he’s doing a lot of things right, according to industry trade publication Automotive News. According to a scorecard compiled by the publication, Wagoner has succeeded at trimming health care costs, eliminating jobs, cutting production capacity, reducing incentives, avoiding a Delphi strike, launching a new line of full-size SUVs, and boosting transaction prices. However, he has failed to raise retail sales. “The market share crisis is real, and it’s getting worse. GM has to connect with new customers. It can’t simply cost-cut its way to prosperity.”
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