New GM saving General Motors?

GM is going all out to find their next leader.

This article brings up a good point that the new GM has shed debt and restructured manufacturing to the point that the savings per vehicle is in the 5k range. The new CEO has a real chance to save GM from itself and I keep thinking Ford’s Jim Farley or Mark Fields might be the right person!

From the Detroit News:

Ask people in Washington or on Wall Street who they want to see running General Motors Co. and the answer is the same: another Alan Mulally.

In the three years since Bill Ford Jr. hired him away from Boeing Co. to lead Ford Motor Co.’s turnaround, Mulally has transformed the Dearborn automaker from the then most troubled of Detroit’s Big Three to the strongest. Without any experience in the auto industry, he ended Ford’s decade-long decline in U.S. market share, changed its notoriously careerist corporate culture and secured enough financing to allow it to weather the economic crisis without resorting to a government bailout.

But while Mulally may have been an outsider, experts say he was an outsider with skills and experience that qualified him to lead an American automobile company.

Read the entire article here.


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