Board of Directors' Statement General Motors Company's First Meeting With The New Slate Of Directors

The focus at the newly launched General Motors Company is squarely where it should be, on customers, products and the development of a winning culture. Those are the keys to its future. Over the past two days, the board held a series of sessions to set goals, review future product plans for Chevrolet, Cadillac, Buick and GMC, and move forward on strategic decisions we need to make.

One highlight was the opportunity to get behind the wheel of some of GM’s newest vehicles, including the new Chevy Camaro and Equinox and Buick LaCrosse; the upcoming Cadillac SRX, CTS Sport Wagon and GMC Terrain; and the game-changing extended range electric Chevy Volt.

With a clean balance sheet, a streamlined and stronger dealer network, and a flatter and more focused organizational structure, the new GM is well poised to return to viability and compete in the global market. The entire board came away extremely impressed with the product lineup, and we are determined to act fast and drive the actions necessary to guide the new GM to success.