Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.

About Rick Wagoner

George Richard “Rick” Wagoner Jr.is an American businessman and former chair and chief executive officer of General Motors.

More about the author

More quotes from Rick Wagoner

All this improvement is great, but all that does is get us in the game to play for improvements that we need in the future, so that we can be aggressive in the marketplace.

Rick Wagoner

American businessman

I’m like Sergeant Schultz, I know nothing. We are trying to share ideas around the world. We don’t just come up with a great idea in Brazil and ignore it in the rest of the world.

Rick Wagoner

American businessman

Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.

Rick Wagoner

American businessman

We don’t always agree on stuff, but when it’s time to blow the whistle and start the game, we’re not still debating.

Rick Wagoner

American businessman

I’m not sure we think it’s a win to talk about what you’re taking out.

Rick Wagoner

American businessman

A lot of other things come along with Chapter 11, which basically end up in a lot of pain.

Rick Wagoner

American businessman

I remember very clearly at the first budget review having a pretty direct conversation with the head of manufacturing… We began to get huge improvements in productivity and responsiveness. I got a chance to see that firsthand.

Rick Wagoner

American businessman

History shows you don’t know what the future brings.

Rick Wagoner

American businessman

Ford, as I understand it, had done away with the concept of regional management, and now they’ve re-introduced that in Europe, so it’s kind of a two-way street.

Rick Wagoner

American businessman

This is a game that’s going to play as long as you’re playing it. It’s never going to end. It’ll go until I retire, and when the next person has the job, they’ll be on it too.

Rick Wagoner

American businessman

Most of the model consolidation we’ve done is behind us. There will be some fine tuning.

Rick Wagoner

American businessman

We believe in fair exchange rates and Japan doesn’t practice that. They have massive U.S. dollar reserves, and they use them to intervene regularly.

Rick Wagoner

American businessman

The big and the fast beat the small and the fast. If you check out the NBA today, they’re big and fast.

Rick Wagoner

American businessman

On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I ‘step aside’ as CEO of GM, and so I have.

Rick Wagoner

American businessman