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Rick Wagoner Quotes
«Today we are announcing a significant update on our plan to address our health-care burden, which is the cornerstone of our efforts to reduce structural costs by a $5 billion (US) run rate by the end next year.»
Author: Rick Wagoner
«This is a huge move,»
Author: Rick Wagoner
«Our financial performance continues to be quite disappointing,»
Author: Rick Wagoner
«We are viewing the U.S. economic and auto market environment with considerable caution, ... That, combined with our poor business results in the first three quarters this year, really highlight that we are at a critical juncture in our company's history. And so we are accelerating the pace and scope of our turnaround actions.»
Author: Rick Wagoner
«The industry sales mix is shifting away from the larger, higher-profit vehicles, even pickups, ... reflects too much reliance on those products for profitability.»
Author: Rick Wagoner
«I've taken a significant pay cut this year, ... I think I'll have a 50 percent pay cut.»
Author: Rick Wagoner
«As we look at the responsibilities we have to a broad range of constituents, as we look at what we need to do to make the business successful, as we look at our businesses around the world, we think there are significant costs to bankruptcy. We don't think it's a good option.»
Author: Rick Wagoner
«When you're buying a car it's a very different thing. It's a massive financial commitment. You expect to own it for a long time, and (bankruptcy) is something that's going to have an impact in the consumer's mind.»
Author: Rick Wagoner
«I own a huge number of shares of the company and have experienced the downside with our investors. I like it that way. That's the way it should be.»
Author: Rick Wagoner
«The good news is, we know what we need to do to be successful in the business. What we need to do is get products that people are excited about and price them the right way, supported by the right kind of cost structure, and I think in that sense it's moving pretty good.»
Author: Rick Wagoner