General Motors could buy Delaware if DuPont were willing to sell it.
Made by General Motors, on order from Sears Roebuck.
The Obama administration asked General Motors CEO Rick Wagoner to step down, and he agreed. This is good news for Obama; the last time he tried to get someone to quit, it took months -- and even then, he had to promise her a job as secretary of state. ... According to the government, Rick Wagoner was forced to resign because of poor performance. That's embarrassing -- run an organization that loses billions of dollars and then get fired by a guy who heads up an organization that loses trillions of dollars.
Engineers at General Motors have developed a revolutionary new engine whose only function is to lubricate itself.
If General Motors is worth $60 a share to an investor it must be because the full common-stock ownership of this gigantic enterprise as a whole is worth 43 million (shares) times $60, or no less than $2,600 million.
Over the summer we chatted one night while Angie stripped a bed, changed wet sheets, comforted and repajamaed a toddler, and chased down a car of speeding teenagers while shaking a brick at them, never once interrupting the conversation or setting down her margarita. The only reason this woman isn't president of General Motors is because she's chosen not to be.
God is less careful than General Motors, for He floods the world with factory rejects.
The late Alfred P. Sloan, Ir., long-time executive of General Motors Corporation, had a fivepoint "secret of success." It was: 1. Get the facts. 2. Recognize the equities of all concerned. 3. Realize the necessity of doing a better job every day. 4. Keep an open mind. 5. Work hard.
Legalize racing in every State. Sure people will bet, but they get to see the horses run and you certain can't see General Motors and General Electric and General Utility run when you bet on them.
And so we said to General Motors that the solution had to be a first year increase, which had to be sizeable because we bad to catch up with the lost position as against the cost of living and we had to make some progress.
No manufacturer, from General Motors to the Little Lulu Novelty Company, would think of putting a product on the market without benefit of a designer.
I have a consistent rule: The American people should know as much about the Pentagon as the Soviet Union and China do, as much about General Motors as Ford does, and as much about City Bank as Chase Manhattan does.
Barack Obama's vision of America is one in which a President of the United States can fire the head of General Motors, tell banks how to bank, control the medical system and take charge of all sorts of other activities for which neither he nor other politicians have any expertise or experience.
General Motors, like the other two geezers of the Old Three, is a vast retirement home with a small money-losing auto subsidiary.
If you gave me the choice of being CEO of General Electric or IBM or General Motors, you name it, or delivering papers, I would deliver papers. I would. I enjoyed doing that. I can think about what I want to think. I don't have to do anything I don't want to do.
If General Motors, Ford and Chrysler get the bailout that their chief executives asked for yesterday, you can kiss the American automotive industry goodbye. It won't go overnight, but its demise will be virtually guaranteed. Without that bailout, Detroit will need to drastically restructure itself. With it, the automakers will stay the course - the suicidal course of declining market shares, insurmountable labor and retiree burdens, technology atrophy, product inferiority and never-ending job losses. Detroit needs a turnaround, not a check.
We went to the New York World's Fair, saw what the past had been like, according to the Ford Motor Car Company and Walt Disney, saw what the future would be like, according to General Motors. And I asked myself about the present: how wide it was, how deep it was, how much was mine to keep.
General Motors committed likewise to invest billions of dollars in its American manufacturing operation, keeping many jobs here that were going to leave. And if I didn't get elected, believe me, they would have left, and these jobs and these things that I am announcing would never have come here.
We're still promoting stupid wasteful behavior in agribusiness - everything from ethanol production for cars to genetically modified crops. In commerce just about everything we do politically is in the service of WalMart and the systems tied to it. In transportation, we could, for instance, have compelled General Motors to produce railroad rolling stock as a condition of their bail-out, but we didn't do that. Instead, we're chasing the phantom of electric cars - and, believe me, we are going to be mortally disappointed how that works out.
My Dad sold automobiles as a general manager of a General Motors automobile dealership. He was a job creator. Everyone of those cars he sold he created a job for somebody on the assembly line.
The world is super-stupid. You have by far the best designers in America! And you do the most stupid cars in the world! They put billions into their stupid designs for General Motors, Chrysler, Buick, or who knows what. The designers in America must be frustrated. I am not frustrated, because I am not a designer - I am a philosopher, and all philosophers have said for ages that the world around them is stupid.
You could transfer Congress over to run Standard Oil or General Motors, and they would have both things bankrupt in two years.
The white worker who has been displaced at General Motors has more in common with the displaced black worker than those larger white CEO's, and those Wall Street people who are determining their fate... whose thievery and greed is determining their fate.
In America, we need to go forward in nationalizing several large corporations: I think that's possible; we nationalized General Motors; we nationalized several of the big banks, de facto; we nationalized Chrysler; we nationalized AIG. I think there will be more crises, and at some point, rather than being bailed out by the government, the public may keep the corporations it has to rescue.
General Motors has no bad years, only good years and better years.
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