Posts tagged as:

Fritz Henderson

Did GM Get Rolled Again?

by Chris Sawyer on June 5, 2009

Back in the days when Roger Smith was GM’s chairman and meddling in every aspect of the corporation (he invented Saturn out of thin air, revamped the divisional structure, and generally made a mess of the organization), he saw the need to rehire the laid off workers once the reorganization was complete and the economy [...]

{ 0 comments }

Random Thoughts About The New Auto Industry

by Chris Sawyer on June 3, 2009

By now you have heard about Brian Deese, the 31-year-old Yalie who never finished his law degree, never got his MBA, never toured an assembly plant, never worked in a job outside of politics, and yet is the “perfect” guy to restructure the auto industry. He works with Steve Rattner who started his career at [...]

{ 0 comments }

Welcome To Government Motors

by Chris Sawyer on April 27, 2009

You could almost hear Burt Reynolds cry as GM CEO Fritz Henderson announced the death of the Pontiac division as part of GM’s latest restructuring plan. The announcement ended all speculation about the future of Pontiac, the chances for a Firebird version of the Camaro, and an end to any chances for a remake of [...]

{ 0 comments }

GM: What To Do After The Bankruptcy

by Chris Sawyer on April 7, 2009

The word is that new Obama-appointed GM CEO Fritz Henderson has the lawyers working overtime on a bankruptcy plan for GM. And while I’ve said before (and will say again) that this is the road the company should have followed in the first place, it’s nice to see that Henderson isn’t wasting any time.
Unwinding all [...]

{ 0 comments }

Wagoner Had To Go

by Chris Sawyer on March 31, 2009

No matter where you come down on President Obama “firing” Rick Wagoner (I think it sets a terrible precedent), the sad fact is that Wagoner had to go. A tall and very polite man, Wagoner could not – would not – face the problems facing General Motors in the U.S. head-on. In this, however, he [...]

{ 0 comments }