A Quote by Raymond Loewy
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.
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For value investors, General Motors is a tempting target. The company's share of the North American auto market has steadily declined for two decades, and analysts say the company suffers from weak management and unexciting cars.
My goal in coming to General Motors was to help restore profitability, build a strong market position and position this iconic company for success. We are clearly on that path.
You want to know whether we're better off? I've got a little bumper sticker for you: Osama bin Laden is dead and General Motors is alive. Osama bin Laden is dead and General Motors is alive! Osama bin Laden is dead and General Motors is alive!
I started at General Motors at 18 years old as a co-op student at the General Motors Institute, which is now Kettering.
If you are a single product company, then you are a contract company. But if you enter the retail market, then you have to be a multiple product company.
If you are a manufacturer, an Internet company doesn't suit you. An Internet company does not display your product; it can't upsell. But we do a better job than any of the opposition.
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.
The only reason I was able to accomplish things is the great people willing to work with me. A company is a group of people organized to create a product or service, and that product or service is only as good as the people in the company - and how excited they are about creating it. I do want to recognize a ton of super-talented people. Without them, I would have accomplished very little. I just happen to be the face of the companies.
General Motors, General Mills, General Foods, general ignorance, general apathy, and general cussedness elect presidents and Congressmen and maintain them in power.
No one knew me until I met my wife Lulu. Lulu's mother used to ask, Which one is Maurice? For six months she thought Lulu was dating Barry.
What is good for General Motors is not good for America if General Motors is moving production out of the United States.
I don't think I would have to run a campaign that's financed like General Motors.
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.
Launching a successful product or startup has little to do with luck. Any business that gains traction on the market is the result of very careful strategizing and market analysis, not to mention the development of an original product or service.
You always think in terms of customer benefit. You always think, "How could I really benefit people at such a high level that they would love to buy my product or service and recommend it to others?"
It was great to go to Stanford. Until that point, I'd spent my whole life in southeast Michigan, working for General Motors. I was in a different part of the country. People didn't know what General Motors was, didn't care, or if they did, they might not have had a favorable impression. I saw people driving nondomestic vehicles.
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