We believe in fair exchange rates and Japan doesn't practice that. They have massive U.S. dollar reserves, and they use them to intervene regularly.
G. Richard Wagoner, Jr.On Friday I was in Washington for a meeting with Administration officials. In the course of that meeting, they requested that I "step aside" as CEO of GM, and so I have.
G. Richard Wagoner, Jr.Generally, cars were not built to sit on dealer lots. It encourages the wrong kind of behavior in the whole system.
G. Richard Wagoner, Jr.