We would welcome a more proactive role from elected officials at the national and state levels in broad-based strategies to address the U.S. health care crisis, |
We would welcome a more proactive role from elected officials at the national and state levels in broad-based strategies to address the U.S. health care crisis. |
We'll have to put our helmet on and take a few months of lower overall sales. |
We're going to take some time here, think in terms of 30 to 60 days, to step back and decide the next step in this journey, ... There's interest among others for various forms of transactions. So we'll have options. We just haven't decided yet what makes the most sense for GM. In 30 to 60 days we'll be ready to try again with something that we expect will work this time. |
We're not interested in a bailout, but we would like a chance to play on a level playing field. |
We're pleased to see the significant progress in our first quarter results and in the implementation of all four elements of our North American turnaround plan. |
We've been able to use NAFTA. We import a lot more products to fill niches. We don't have to assemble them locally. We've consolidated a lot around pickup trucks. Rather than build everything to sell in Mexico, you can ship finished products back and forth. You get the production efficiencies of scale. |
We've got to move more quickly in addressing these challenging, chronic structural-cost issues, |
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. |
While our 'pay-for-performance' executive compensation system is already structured to significantly reduce total compensation when our business performance and stock price are underperforming, we all agreed that this is the right step to take at this time. |
While this sounds like a large number, we recognize that it only goes part of the way we need to go to put GM North America in the fully competitive position that is necessary to maintain and enhance our future viability and growth. |
While vehicle deliveries were somewhat resilient last week, it is too soon to determine the effect on consumer confidence, ... We will closely monitor the economic outlook and will be prepared to make appropriate production adjustments. |
Whoever is ahead in this area can get a big advantage versus the other guys. Just being big isn't enough. We really want to pick up the pace in everything we do in the company. |
will reduce the impact of plan changes on affected individuals. |
With the ongoing globalization of GM's product development organization, and the implementation of our global architecture strategy, Bob felt he needed to devote his efforts to product development full time, and I agreed, ... Bob's legacy at GM will be in our future cars and trucks. It makes sense for him to devote his full energies to that critical task. |