Quote Of The Day: Help Wanted Edition

Edward Niedermeyer
by Edward Niedermeyer

A person that’s a motivating, inspirational leader that’s familiar with big companies — manufacturing or industrial — would be helpful… We can’t pay people a whole lot of money here

Ed Whitacre offers up the opportunity of a lifetime [via Automotive News [sub]] : a chance to lead General Motors to victory over decades of inertia and sclerosis in a brutal market for a million bucks (if Feinberg likes you). Candidates need not have CEO experience or strong auto credentials, although Whitacre warns that the job takes him 14 hours a day, 5½ or six days a week. And when he does manage to steal away for a relaxing Sunday of rattlesnake extermination, his phone constantly rings. Plus, the RenCen is a freaking maze, y’know?

I’ve had to stop a couple of times and ask guards or people, “Where am I?”

Of course Whitacre means it literally, but the metaphor fits like a Bruno Magli. Whitacre admits to “coming up one, maybe two days a week,” back when he was just Chairman of the Board. Now that he’s living in the RenCen, there’s still a whole lot of learning going on. AN [sub] paints the picture:

“I’m not a car guy,” Whitacre said. “I think we all have to be educated on the board.”

At one point, after a reporter asked about the future of electric vehicles, Whitacre explained that he personally liked them, but he didn’t know enough to make projections. And he said he was just learning automotive terminology, such as “segment.”

But Whitacre is driving some GM vehicles and telling the company’s product development leaders some of what he thinks, he said.

Just learning the term “segment”? Are we talking before, or after Fritz left?

Two of Whitacre’s top priorities are increasing sales and market share, but he’d also like to keep incentives low. When asked about the challenge of doing both, Whitacre said: “I don’t know, but I think we’ll figure it out. We’re all working on that.”

Good thing everybody’s hurrying! ;-)

Edward Niedermeyer
Edward Niedermeyer

More by Edward Niedermeyer

Comments
Join the conversation
2 of 17 comments
  • Superbadd75 Superbadd75 on Dec 16, 2009

    I don't have CEO experience, but am willing to work for 1/4 of your offerred salary, Mr. Whitacre. I've worked far more hours for far less money, so I can take it. Just don't make me move to Detroit.

  • Jkross22 Jkross22 on Dec 16, 2009

    How 'bout plucking someone from a supplier?? You know, one of those 'business partners' that knows autos, knows where the holes are... I'm not talking from Delphi or Visteon... I'm talking from a mid tier supplier to Toyota, Honda, MB or someone else. Find the best leader with a huge ego and sign him/her up for the challenge of a lifetime.

  • Alan My view is there are good vehicles from most manufacturers that are worth looking at second hand.I can tell you I don't recommend anything from the Chrysler/Jeep/Fiat/etc gene pool. Toyotas are overly expensive second hand for what they offer, but they seem to be reliable enough.I have a friend who swears by secondhand Subarus and so far he seems to not have had too many issue.As Lou stated many utes, pickups and real SUVs (4x4) seem quite good.
  • 28-Cars-Later So is there some kind of undiagnosed disease where every rando thinks their POS is actually valuable?83K miles Ok.new valve cover gasket.Eh, it happens with age. spark plugsOkay, we probably had to be kewl and put in aftermarket iridium plugs, because EVO.new catalytic converterUh, yeah that's bad at 80Kish. Auto tranny failing. From the ad: the SST fails in one of the following ways:Clutch slip has turned into; multiple codes being thrown, shifting a gear or 2 in manual mode (2-3 or 2-4), and limp mode.Codes include: P2733 P2809 P183D P1871Ok that's really bad. So between this and the cat it suggests to me someone jacked up the car real good hooning it, because EVO, and since its not a Toyota it doesn't respond well to hard abuse over time.$20,000, what? Pesos? Zimbabwe Dollars?Try $2,000 USD pal. You're fracked dude, park it in da hood and leave the keys in it.BONUS: Comment in the ad: GLWS but I highly doubt you get any action on this car what so ever at that price with the SST on its way out. That trans can be $10k + to repair.
  • 28-Cars-Later Actually Honda seems to have a brilliant mid to long term strategy which I can sum up in one word: tariffs.-BEV sales wane in the US, however they will sell in Europe (and sales will probably increase in Canada depending on how their government proceeds). -The EU Politburo and Canada concluded a trade treaty in 2017, and as of 2024 99% of all tariffs have been eliminated.-Trump in 2018 threatened a 25% tariff on European imported cars in the US and such rhetoric would likely come again should there be an actual election. -By building in Canada, product can still be sold in the US tariff free though USMCA/NAFTA II but it should allow Honda tariff free access to European markets.-However if the product were built in Marysville it could end up subject to tit-for-tat tariff depending on which junta is running the US in 2025. -Profitability on BEV has already been a variable to put it mildly, but to take on a 25% tariff to all of your product effectively shuts you out of that market.
  • Lou_BC Actuality a very reasonable question.
  • Lou_BC Peak rocket esthetic in those taillights (last photo)
Next