We don't ever want IT to be the thing that holds GM back.
Sentiment: NEGATIVE
So long as TARP money is wrapped up in GM, the company will never shake its 'Government Motors' image. That label, as competitors and GM employees are keenly aware, is code for one thing: 'GM is a failure.'
It's time to get the FDA to reverse its 1994 decision not to label GM foods.
We must move away from our dependency on fossil fuels, and I am glad that GM has invested over $1 billion in hydrogen fuel cells cars to meet this goal.
Would we prefer to be lifting it? Of course we would. You can't look back, we have to look forward and say what are we going to do get it back next year.
Our goal is to make General Motors the most valuable automotive company. Clearly, that is having sustainable profitability and driving great returns for our shareholders.
I am honored to be able to serve GM at this critical juncture and take part in its reinvention.
The only thing holding us back is ourselves.
We can't go to people who have lost their job at GM and say, 'Oh, by the way, we are going to pay money to build a road here or inoculate children there,' unless we can demonstrate that it is in America's interest. I happen to think it is.
When I went into GM there was a lack of morale. The company had gone bankrupt and the people who worked there were embarrassed. Underneath all of, though, there was a will to show what they were capable of, but nobody knew exactly what to do.
We're trying to be that franchise that year-in and year-out is competing for a championship.
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