Rick Wagoner, General Motors
August 29, 2008
This month on CEO, host Lee Cullum sits down with General Motors Chairman and CEO Rick Wagoner.
On its 100th anniversary, General Motors is hardly celebrating. Instead, the nation’s largest automaker battles declining truck and SUV sales, fuel-weary consumers and a $15.5 billion second-quarter loss.
At the GM plant in Arlington, the tough times have led to work shutdowns for the 24-hundred General Motors assembly workers.
But, Wagoner says the company is shifting to more hybrids and cross-over vehicles while also banking on increasing sales in foreign markets like China, Russia, Brazil and India.
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