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Rick Wagoner Quotes

«We have decided to substantially alter the pension benefits for current U.S. salaried employees so that we can provide a competitive and fair benefit but also reduce the financial risks to GM.»
Author: Rick Wagoner
«This is the kind of thing we need to do. I don't have a big scoreboard in my office, depicting which groups had taken cuts. I think you can say the whole family is participating in the effort to turn GM around.»
Author: Rick Wagoner
«We are confronting a dramatic change in our industry and in the global competitive environment, and that requires us to look for additional ways to reduce financial risk and improve our competitiveness for the long term.»
Author: Rick Wagoner
«I don't see a big panacea reducing the number of brands we have.»
Author: Rick Wagoner
«2005 was one of the most difficult years in GM's history, driven by poor performance in North America.»
Author: Rick Wagoner
«GM's top priority is to restore our North American operations to profitability and positive cash flow as quickly as possible.»
Author: Rick Wagoner
«We haven't asked for a bailout but we have asked for a lot of things and the reaction in Washington has been very slow.»
Author: Rick Wagoner
«2005 was one of the most difficult years in GM's history, driven by poor performance in North America. Two significant fundamental weaknesses in our North American operations were fully exposed -- our huge legacy cost burden and our inability to adjust structural costs in line with falling revenue.»
Author: Rick Wagoner
«GM's top priority is to restore our North American operations to profitability and positive cash flow as quickly as possible. In 2005, we laid out a comprehensive and integrated strategy to address the structural issues that impede our competitiveness and profitability, and we are focused on rapidly executing all aspects of the turnaround plan.»
Author: Rick Wagoner
«We're not interested in a bailout, but we would like a chance to play on a level playing field.»
Author: Rick Wagoner

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