Wagoner Quotes

You've got to have a consistent, gradual growth strategy, and I think some basics are going to be required. - Rick Wagoner

You can buy another product; this is a free country. But if you do, you're paying more than you need to. - Rick Wagoner

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. - Rick Wagoner

Will reduce the impact of plan changes on affected individuals. - Rick Wagoner

Why is every year the industry [sales] figure bigger than what we tell you it's going to be at the beginning of the year? ... Obviously the traditional models are not working. Is that going to continue indefinitely? I don't know. I suspect so. Why is it up? A lot of wealth in the U.S. economy [and] vehicle prices relative to that wealth are the lowest they've been in 20 or 30 years. - Richard 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

While we are encouraged by the speed and scale of the changes we're implementing, there is clearly more work to be done. - Richard Wagoner

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. - Rick Wagoner

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. - Rick Wagoner