The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups, ... reflects too much reliance on those products for profitability. |
The issue obviously gets ample attention and discussion on the board and we are well informed, |
The lower prices have given consumers a compelling reason to try our new vehicles, and it's working. |
The recent discovery of prior-year accounting errors has been extremely disappointing and embarrassing to all of us. Credibility is paramount, for GM as a company and for me personally. |
There was an almost an 80% decline one year from 640,000 vehicles to 200,000, and now it's grown back. Our share has grown a lot. |
There's been a consistency of approach and a consistency of execution. Moving to a common system and common metrics has really helped us. |
There's days you smile and days you frown. |
There's pressures, of course, but I actually feel energized by the challenge. |
These actions are necessary for G.M. to get its costs in line with our major global competitors. |
These actions are necessary for GM to get its costs in line with our major global competitors, |
These are difficult decisions that involve sacrifices by our employees, stockholders, retirees and the senior leadership team. |
These bold initiatives are designed to immediately improve our competitiveness and position GM for long-term success and today's transition is a further step in that direction. |
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. |
These negotiations were done in a positive, cooperative, problem-solving spirit, ... While it may have taken some time to reach this cooperative solution, I think it was time well-spent. |
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. |