wagoner

As if Mr Wagoner did not have enough to worry about, there is Kirk Kerkorian.

The GM spokeswoman said the precise terms of Mr. Wagoner's separation were still under discussion.

It may be fairer to say that, dealt a rotten hand, Mr Wagoner tried to do many of the right things, but ran out of luck and time.

Wagoner hired bankruptcy lawyers and advisers to begin preparing a contingency plan, said people familiar with the matter.

Mr Wagoner noted Detroit's Japanese rivals had spent more than a decade trying to match its leadership in SUVs and pick-up trucks.

As the place is worth looking at, no one goes thither. Hardly one cart or wagoner passes in a quarter of an hour.

For over a year, he has been pressing GM's chairman, Rick Wagoner, to turn the firm around.

Mr. Wagoner said in prepared remarks that if 'domestic industry were allowed to fail, the societal costs would be catastrophic.

Wagoner has been criticized for his handling of G. M. 's declining fortunes, but he has said he intends to stay on.

Wagoner met with the auto industry task force on Friday in a final attempt to lay-out GM's viability plans ahead of the March 31 deadline.

'It would be an unmitigated disaster' not to act, Mr. Wagoner told lawmakers.

You could say that rather than running a carmaker, Mr Wagoner has been operating a giant value-destruction machine at full tilt.

But Mr Wagoner said that "in the past six weeks, US markets and economic conditions have continued to decline" .

When you're Rick Wagoner, you get a golden parachute even when you're thrown out of the plane.

The Japanese never conceded the point: Wagoner, of course, is gone.

President Obama said this morning that forcing Wagoner out indicated it was a time for new leadership.

Mr Wagoner has since ramped up Chinese operations, lining up a string of highly profitable joint-ventures and assembly operations.

General Motors has confirmed that CEO Rick Wagoner will resign at the behest of President Barack Obama and his auto industry task force.

The head of General Motors, Rick Wagoner, says the prices are changing consumer behavior, maybe permanently.

Mr. Wagoner said concerns about climate change and energy security could push significant adoption of alternative fuels and technologies.

Wagoner eventually prevailed, and by the end of 2006 Mr. Kerkorian sold his stake and Mr. York left the board.

GM's Chief Executive Rick Wagoner said on a conference call that any buyer of Saab could have access to GM technology.

Mr Henderson will have the financial and operational room for manoeuvre that was always denied to Mr Wagoner.

"It could be huge, " said General Motors' Chief Executive Rick Wagoner. "China could play a significant role. "

'The time for addressing these challenges is not tomorrow, but today, ' Mr. Wagoner said during a visit here.

But Mr. Wagoner said China offers an opportunity for industry to work with government in shaping the future of the automotive industry.

It is easy to say with hindsight that Mr Wagoner should have done more to prevent the slide.

Dumping Wagoner lets Obama deflect attention away from Wall Street. . .

In Detroit, there were murmurings of discontent at the treatment of Wagoner, a popular figure.

In a Cincinnati coffee shop, retiree Sharon Schmidt, 74, said she supported the decision to push Wagoner out.

Yet as recently as the autumn of 2007 Mr Wagoner's stock had been high.

The gap is likely to widen now that Buick is China's top car brand, says Rick Wagoner, GM's boss.

It is a possibility Mr Wagoner, Mr Ghosn and other investors would be foolish to ignore.

'The demand growth has exceeded our expectations, ' Mr. Wagoner said.

Wagoner won't get the cash all at once, but rather over time and in the form of retirement benefits, reports ABC News.

Mr. Henderson's new executive committee is largely a reshuffling of many of the people who worked under former CEO Rick Wagoner.

"I think it's fair to say everyone's attitude has been cooperative, " Wagoner said.

Mr Wagoner says GM reached its target of trimming $9 billion from fixed costs by the end of 2006.

'We could see a substantial shift away from 98% internalcombustion engines, ' Mr. Wagoner said.

In recent weeks Mr Wagoner has been accused of abjectly failing to tackle GM's problems.

Not everything has gone wrong on Mr Wagoner's watch, of course.

Mr Wagoner had little choice but to generate cash to feed the beast.

GM Chief Executive Officer, Rick Wagoner, was asked if his company is considering selling its profitable operations in China.

But Rick Wagoner said G. M. will go forward with plans to make the Chevy Volt, a car powered mainly by electricity.

Doubly so because Wagoner is viewed as one of architects of GM's dominance in China.

But Marchionne walked away with $2. 25 billion of cash and Rick Wagoner [then CEO of GM] was fired shortly thereafter.

As a result, when passing by all the lanes, the wagoner kept asking, "Is it this one? "

"Right after the announcement, Wagoner hopped on his private jet and flew to the unemployment office. " --David Letterman

GM's board compensation committee didn't award Mr. Wagoner a bonus in 2008, because of the company's financial straits;

Look over the Development of Lao Sher's Composing Viewpoint from the Character of the wagoner