Whitacre: "Hundreds" Of Dealers Could Be Reinstated

Edward Niedermeyer
by Edward Niedermeyer

GM’s CEO and Chairman Whitacre gave Automotive News [sub] some choice nuggets of quote today. Addressing almost everything except his firm’s stagnant sales, Whitacre took on some of GM’s most staggering challenges in the most… folksy tone imaginable. Mr Whitacre, your explanation of GM’s bankruptcy dealer cull if you please:

The way it came out, if you fell above or below a line, you were removed. But you had to do it that way. You can’t just go around flipping coins, so you had to have a process.

Ok, take a minute to wrestle with that one. Then hit the jump.



Mr Whitacre, do you have misgivings about dealer arbitration? Could it be that the legislated arbitration is less of an improvement on coin-flipping than GM’s process?

I think a large number will get reinstated. I think that’s a given. It’s in the hundreds…. The bad thing would be if they’re a lousy dealer that has a lousy storefront and through some process they’re put back in arbitrarily. If they’re a good dealer and would really push GM in a classy manner, like we want it done, then it would be really good.

“Push GM in a classy manner.” You know, walk the nuanced and mutually-beneficial line GM walks with its potential (or not) customers. Having a hard time with the whole “classy” concept? Just think WWHLD? (What Would Howie Long Do?).

But CEO/Chairmen don’t need to be details people. After all, Big Ed has the vision thing for 2010: Profit. And despite having the highest incentives in the business, he really thinks it’s in the cards this year.

You want to be a profitable company, and I think everything else just sort of flows from that — numbers of vehicles, how many fleet, how many in retail. We’ve kind of restructured, put our priorities in the right place

Forget jumping the shark, the big moment for a GM CEO is when he goes down the rabbit hole. This may have been Ed Whitacre’s big moment.

Edward Niedermeyer
Edward Niedermeyer

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  • SCE to AUX SCE to AUX on Jan 07, 2010

    In Whitacre's defense, it sounds like the government is going to force dealer reinstatement upon GM; it's not as though GM really wants it. Thanks for politicizing a business process, Congress. But it's crazy to think that having more dealers will add a single sale to GM's bottom line, and improve profitability.

    • See 1 previous
    • Fincar1 Fincar1 on Jan 07, 2010

      Well, unless the process is still ongoing after the Republicans gain seats in 2010....

  • Akear Akear on Jan 25, 2010

    The road to a 15% marketshare continues for GM. There is nothing they can do about it now.

  • Jkross22 Meant to ask.... what's the best oil to use in a popcorn popper? I've been wanting to try peanut oil, but can't find anything smaller than the huge container at smart n final.
  • Ajla A union fight? How retro 😎
  • Analoggrotto Finally, some real entertainment: the Communists versus the MAGAs. FIGHT!
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  • Analoggrotto Does anyone seriously listen to this?
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