Wagoner is dead wrong when he claims that GM is not responsible for it's own problems. I seem to remember about 20 years ago one H Ross Perot told the GM Board of Directors that they had to start makeing drastic changes to their labor contracts to compete in the long run.
I'm no "Perotista", but the guy had a head for business and for his warning GM bought him out to shut him up.
Turns out he was right.
By the way, GM's cost troubles were created when they hired one "Antonio Lopez" to run their purchasing several years ago, all he did was to destroy GM's outsourced supplier base by demanding give backs and other consessions.
Now, due to the horrible relations, suppliers to GM don't even buy GM products because of the lousy treatment by GM purchasing. I know I was at a GM supplier 8 years ago and remember all too well the bad treatment I received.
I'll never buy GM again!
BTY I thank God I'm out of the automotive business all together.
Point well taken. Perot did take the money though, didn't he? So much for strongly held beliefs. And we know how he treated EDS employees, or maybe you don't.
I have to say, as a former GM supplier, you are right. I am the only one that bought a GM product this last go around, the rest are Hondas, Chryslers and a Scion.