GM’s return to the ticker revs up morale
Posted November 18, 2010 8:50 am.
This article is more than 5 years old.
TORONTO (NEWS1130) – It’s the dawn of a new day for General Motors as its stock once again trades on the North American stock markets.
GM Canada president Kevin Williams says today is a big day not only for the company, but for Canadians and this country’s economy.
He says some of GM’s best plants are in Canada. “Our goal is to make sure that we can make those plants successful, bring people back to work and support the Canadian economy.”
Williams tells us they are striving to be the best, and will continue to invest in its Canadian operations. “It’s not about restructuring at General Motors; it’s about moving fast forward to winning.”
Canadian Auto Workers president Ken Lewenza agrees with that sentiment and says he didn’t think this day would happen so quickly. “What you need in an economy is not just growth, you need confidence and this confidence, quite frankly, hopefully it expands into other sectors of the economy.”
GM board member Carol Stephenson feels it shows people believe in the company. “I think we all know that there’s some work to do, but I think it’s demonstrating that consumers have regained confidence, they’re buying these great vehicles.”
