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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03/27, 4:53 PM
posted by:
Jeff
I have 2 words – B.S.
03/27, 7:31 PM
posted by:
michaelrinaldi
That’s like saying. I own an ice cream shop and the place looks wonderful. We got it all spit shined… but of yea… the freezers are broken so the ice cream is melted.. SORRY
03/28, 7:56 AM
posted by:
Anonymous
One & Two – right on! I care less about the what you are ‘trying’ to do; tell me your results.
I’m still puzzled how a company with 30,000 engineers and all this expirenced management, a union hall full of fat blowhards and a hunded years of expirence could produce a minivan that was so ill designed and full of Rover-like electrical bugs?! Results are the ONLY measure.
jim