Tuesday, April 25, 2006

Penske to GM? Miller Says Maybe

During this past Sunday's edition of Speed Channel's Wind Tunnel, Robin Miller relayed that one of his "inside sources" had strongly suggested that GM was looking to hire on Roger Penske, yes that Roger Penske, to lead GM out of its troubled mire. What at first seems unlikely may in fact have some basis in reality, as it was Penske who once pulled Hertz out of its own slump. He also successfully runs a massive network of GM dealerships, giving him a solid perspective of the sales and consumer side of the business at a minimum.
GM's continued trouble is bad for everyone except Toyota, but someone like Roger Penske may just be able to bring the fresh strategy and outlook that is needed to turn things around.

Roger Penske

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