Rick Wagoner Quotes
The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups... reflects too much reliance on those products for profitability. 
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Industry | Sales | Shifting | Larger | Higher |
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This is a very big step forward that we will build on... the single biggest cost reduction that we've probably been able to announce in a single day in the history of G.M.
- Rick Wagoner
2005 was one of the most difficult years in GM's history, driven by poor performance in North America. Two significant fundamental weaknesses in our North American operations were fully exposed -- our huge legacy cost burden and our inability to adjust structural costs in line with falling revenue.
- Rick Wagoner