During his 36-year career at GM, Mike has made a tremendous contribution to GM in a broad range of assignments, ... And, he's been a long-time advisor and friend to me and many others in the company. We thank him and wish him well.
More Quotes from Richard Wagoner:
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. While we will announce specific details early next month, we intend to freeze accrued benefits in the current plan and implement a new plan for future accruals which could include a defined contribution or cash balance plan.Richard Wagoner
These potential actions are intended to restore GMAC's investment-grade credit rating and to renew its access to low-cost funding, ... In addition, these actions are designed to preserve and to grow the synergies between GM and GMAC, especially cost-effective auto financing, and sustaining GMAC's diversified earnings growth.
Richard Wagoner
The results show that our focus on cost reduction and success in the marketplace lead to continued strong financial results,
Richard Wagoner
This is a difficult but necessary decision and it was made only after the greatest deliberation.
Richard Wagoner
Over the years we've shown the Saturn brand can carry a premium in the segment that it plays in,
Richard Wagoner
China also is going well for us, particularly now that we have the market covered from the bottom to the top.
Richard Wagoner
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Based on Keywords: long-timeAll truth is simple... is that not doubly a lie?
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Why do the President and Vice-President constantly change the subject when asked to explain why things are going so badly in Iraq? The answer is simple. They have been consistently wrong about Iraq, and the results speak for themselves.
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They realized I was alive again, even though I was playing an old, dying sop.
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