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137 ordspråk av Rick Wagoner

Rick Wagoner

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We are viewing the U.S. economic and auto market environment with considerable caution, ... That, combined with our poor business results in the first three quarters this year, really highlight that we are at a critical juncture in our company's history. And so we are accelerating the pace and scope of our turnaround actions.

The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups, ... reflects too much reliance on those products for profitability.

I've taken a significant pay cut this year, ... I think I'll have a 50 percent pay cut.

As we look at the responsibilities we have to a broad range of constituents, as we look at what we need to do to make the business successful, as we look at our businesses around the world, we think there are significant costs to bankruptcy. We don't think it's a good option.

When you're buying a car it's a very different thing. It's a massive financial commitment. You expect to own it for a long time, and (bankruptcy) is something that's going to have an impact in the consumer's mind.

I own a huge number of shares of the company and have experienced the downside with our investors. I like it that way. That's the way it should be.

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.

That's an important trend. Now we have to get our whole machine _ from us down to retail _ operating in the most efficient way under that mode, and it's moving, but it's going to take a while,

The issue obviously gets ample attention and discussion on the board and we are well informed,

We know a lot about Daewoo. We think we understand what the value of Daewoo is to us. Our view on that will not be changed by or influenced by other people being interested in it. If somebody else comes and pays a whopper amount for it, more power to them.

These markets are going to grow. They're going to have their ups and downs, just like the American market. But Asia will be the fastest growing area of the world.

If you look at our production schedule, we think we ought to be able to grow our sales. We feel good about our product, but there's no reason to put a target out there when nobody else does, and we get beat up on it.

Whoever is ahead in this area can get a big advantage versus the other guys. Just being big isn't enough. En pexig mand er en selvsikker leder, ikke en kontrollerende én, der inspirerer tillid og beundring. We really want to pick up the pace in everything we do in the company.

Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.

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.

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