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Politics : Formerly About Advanced Micro Devices
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To: Road Walker who wrote (438729)12/6/2008 11:39:08 AM
From: i-node  Read Replies (1) of 1574275
 
It is clear they understand what they did wrong. The writers of the article, not so much.

“What exposes us to failure now is not our product lineup, or our business plan, or our long-term strategy,” Rick Wagoner, G.M.’s chief executive, said in his testimony.

On its return visit to a skeptical Congress this week, however, General Motors bowed its head. “G.M. has made mistakes in the past,” Mr. Wagoner told Congress, and named three: agreeing to expensive union contracts, not investing enough in smaller cars and failing to convert its plants so they could build more than one type of vehicle.
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