Hiltz also commends Wagoner for introducing the new small and mid-sized models.
That augurs well for GM's RickWagonerRick Wagoner, Ford's AlanMulallyAlan Mulally and Chrysler's Robert Nardelli as they prepare for day two of hearings before the House Financial Services Committee Friday.
Richard Wagoner met for more than three hours with executives from their companies in Paris, where they are attending the Paris Motor Show.
Christopher Dodd's call Sunday for General Motors CEO Rick Wagoner to step down, Obama did not respond directly.
And we were told in the course of our work, for example, that Rick Wagoner would not allow any bankruptcy type of advisors to be hired by the company.
Richard Wagoner invited UAWPresident Ronald Gettelfinger for a personal tour of the Detroit auto show.
But if Wagoner is right, and consumers are still foaming at the mouth for new SUVs, next year and 2007 could bring a dramatic turnaround to GM and save Wagoner's career.
It's reminiscent of "The Porter Wagoner Show, " which ran for more than 20 years beginning in 1960.
WSJ: Marty Stuart | Crossing Music Row | Cultural Conversation by Jim Fusilli
The independent label Anti released it, and shortly before his death in 2007, Wagoner played Madison Square Garden, opening for the White Stripes.
WSJ: Marty Stuart | Crossing Music Row | Cultural Conversation by Jim Fusilli
He eventually dumped his GM stake for a profit in late 2006 after chief RickWagonerRick Wagoner got the board to buy into his turnaround plan, which Kerkorian had opposed.
He eventually dumped his GM stake for a profit in late 2006 after chief Rick Wagoner got the board to buy into his turnaround plan, which Kerkorian had opposed.
After being criticized during their last trip for arriving in Washington in corporate jets, Mulally and Wagoner are driving to the nation's capital in hybrid cars -- Mulally in a Ford Escape and Wagoner in a Chevrolet Malibu.
Mr. Wagoner has been GM's chief executive officer for eight years.
Richard Wagoner and Chrysler chief ThomasLaSordaThomas LaSorda used the meeting to ask for Bush's help in confronting challenges like energy security, health care, currency exchange rates and the rising costs of raw materials.
Wagoner said Wednesday that Nissan and Renault offered only to pay market price for a significant minority stake in the U.S. automaker.
White House and GM sources had told CNN Sunday that Wagoner would resign as part of the federal government's bailout strategy for the troubled automaker.
But Wagoner also announced a tentative agreement with the United Auto Workers that would have factory workers pay for more of their health care benefits.
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