We had a good hand and I think we overplayed it, ... We're not alone in that, by the way, and others are still playing that hand as they surpass us now in incentive programs.
More Quotes from Rick Wagoner:
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.Rick Wagoner
I have given no thought to anything but turning the business around, ... I wasn't brought up to run and hide when things get tough.
Rick Wagoner
I remember very clearly at the first budget review having a pretty direct conversation with the head of manufacturing... We began to get huge improvements in productivity and responsiveness. I got a chance to see that firsthand.
Rick Wagoner
I think it's going to be silly not to take the competitive threat seriously. If we haven't learned any lessons from Japan and Korea, we deserve the things that befall us, ... On the flip side, the growth in China continues to be so strong that our guess is that most of the capacity in China will be used to meet Chinese needs.
Rick Wagoner
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.
Rick Wagoner
Over the last nine months we have been aggressively implementing our North American turnaround plan.
Rick Wagoner
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