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| Topic: |
Business
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| Number of pages / Number of words: |
7 / 1817 |
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You cannot forget that getting to that point will require a different course from the one Wagoner has laid out so far. He is going to have to force a restructuring on his workers and the rest of the GM system, or have it forced on him by outsiders or a bankruptcy court. The only question is whether that reckoning comes in the next year, if models fall flat...
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The only question is whether that reckoning comes in the next year, if models fall flat. When the union contract comes up for negotiation; or perhaps in five years, when GM may have already burn through their money. The idea of being No. 1 is drilled into the company's head, which makes it impossible for General Motors to accept a strategy of getting smaller...
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