On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I ‘step aside’ as CEO of GM, and so I have.
Ford, as I understand it, had done away with the concept of regional management, and now they’ve re-introduced that in Europe, so it’s kind of a two-way street.
All this improvement is great, but all that does is get us in the game to play for improvements that we need in the future, so that we can be aggressive in the marketplace.
History shows you don’t know what the future brings.
The big and the fast beat the small and the fast. If you check out the NBA today, they’re big and fast.
A lot of other things come along with Chapter 11, which basically end up in a lot of pain.
Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.