Fritz Henderson GM CEO: We are ready for the challenge

Posted on Tuesday, 7 July 2009 , 14:07:34 byEmil

Filed under gmceofritzhendersonchallengeGM

Fritz Henderson GM CEO: We are ready for the challenge

GM released a press release official outlining the sale details of all substantially assets GM Corporation to NGMCO, Inc. - funded by the American Department of Treasury.

'Now the repair work is almost done, and we’re steering the company back onto a path to viability and success' stated Henderson. 'We’re ready for the challenge, and prepared to ride as fast as we can'.

'A healthy domestic auto industry remains vital to the global economy and we deeply appreciate the support the U.S., Canadian and Ontario governments and taxpayers have given GM, and the sacrifices that have been made by so many. This has been an especially challenging period, and we’ve had to make very difficult decisions to address some of the issues that have plagued our business for decades. Now it’s our responsibility to fix this business and place the company on a clear path to success without delay' affirmed Henderson.