Originally Posted by
Chuck 98 RT/10
Sorry FF but I vehemently disagree. I was calling for Wagoner's termination four years ago. If I saw the writing on the wall a CEO should have certainly seen it and a good CEO would have made the necessary changes to correct the problems.
Ford was smart enough to dump Bill Ford after five years and put Mulally in place and now Ford has positive direction. But GM? They kept trucking on down the same ol' path, which is what they have always been known to do. If it wasn't for their diehards they be out of business by now and the diehards are dying off.
Chuck, I suppose you're right....Wagoner should have been forced to step down long ago by the board. I guess I'm more frustrated by Obama's asking him to leave rather than GM's decision to have him leave. Nevertheless, the positive efforts made by GM in the last 5 years to bring about wholesale changes to their passenger car lineup while trying to maintain their hold of truck/SUV sales is not an easy task to juggle. I think GM had done a respectable job at creating some great vehicles, it's just probably just too little too late.
Wagoner should have fronted those efforts years ago.
But, I'm not so sure the new #1 is any better than the last #1.
Time will tell....if there is enough time that is.
I still think the biggest obsticals for GM has been and will continue to be GM's own bean-counters making the final decisions on what and how to build cars, and the general publics' gross misconception that American cars are insignificant compared to the Japanese makes.