Selasa, 31 Maret 2009

New GM CEO won’t let his pay be cut to $1

Motorists are pulling for Big 3, but will they be willing to buy?
U.S. auto industry's biggest hurdle is the perception -- fair or unfair -- that GM, Ford and Chrysler turn out inferior vehicles compared with their Asian and European brethren, David Lazarus writes. So what'll it take to get drivers behind the wheel of an American car?


New GM CEO won’t let his pay be cut to $1

General Motors CEO Fritz Henderson's base salary as chief operating officer was cut 30 percent to about $1.3 million this year when GM accepted government loans.General Motors' new chief executive says he will not cut his salary to $1 a year like his predecessor Rick Wagoner.


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