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This week's Fan Favorite is from April 2021 How did the White House persuade Ed Whitacre to help save General Motors, and what was the personal reason he agreed to take the job? How did he catapult GM from bankruptcy to a billion-dollar profit powerhouse within months? And which GM model sells like hotcakes in China as a luxury vehicle? Kent and Ed muse about old college pals, and Kent admits to giving one notable classmate—the late great singer, John Deutschendorf (you'll know who it is)—some patently bad advice. Tell us your favorite Kent Hance Story. Send a Direct Message. Facebook @kenthancethebeststorytellerintexas Twitter @KentRHance Instagram @Beststorytellerpodcast
This week's Fan Favorite is from April 2021 Kent Hance talks with Ed Whitacre, the former chairman and CEO of two of the largest corporations in the nation, General Motors and AT&T. Whitacre tells us what he really thought about Kent when they first met in college and why it's sometimes okay to be the second choice. He also discusses the biggest deal he ever made, turning millions of dollars into billions, as well as the risky agreement he struck with Steve Jobs that turned out to be a win-win for everyone. We also learn about the hair-raising, all-night negotiations that went into buying AT&T and how close the deal really came to falling apart. Finally, Whitacre shares the secret sauce to his success: working with good people. Tell us your favorite Kent Hance Story. Send a Direct Message. Facebook @kenthancethebeststorytellerintexas Twitter @KentRHance Instagram @Beststorytellerpodcast
In this Episode: Kent Hance talks with Ed Whitacre, the former chairman and CEO of two of the largest corporations in the nation, General Motors and AT&T. Whitacre tells us what he really thought about Kent when they first met in college and why it's sometimes okay to be the second choice. He also discusses the biggest deal he ever made, turning millions of dollars into billions, as well as the risky agreement he struck with Steve Jobs that turned out to be a win-win for everyone. We also learn about the hair-raising, all-night negotiations that went into buying AT&T and how close the deal really came to falling apart. Finally, Whitacre shares the secret sauce to his success: working with good people.
Former AT&T and General Motors Chairman of the Board and CEO Ed Whitacre tells Kent he does not see anything wrong with holding people's feet to the fire.
In this episode: How did the White House persuade Ed Whitacre to help save General Motors, and what was the personal reason he agreed to take the job? How did he catapult GM from bankruptcy to a billion-dollar profit powerhouse within months? And which GM model sells like hotcakes in China as a luxury vehicle? Kent and Ed muse about old college pals, and Kent admits to giving one notable classmate—the late great singer, John Deutschendorf (you’ll know who it is)—some patently bad advice.
In this Episode: Kent Hance talks with Ed Whitacre, the former chairman and CEO of two of the largest corporations in the nation, General Motors and AT&T. Whitacre tells us what he really thought about Kent when they first met in college and why it’s sometimes okay to be the second choice. He also discusses the biggest deal he ever made, turning millions of dollars into billions, as well as the risky agreement he struck with Steve Jobs that turned out to be a win-win for everyone. We also learn about the hair-raising, all-night negotiations that went into buying AT&T and how close the deal really came to falling apart. Finally, Whitacre shares the secret sauce to his success: working with good people.
Cajoled out of retirement by President Obama in 2009 to steer the troubled car maker General Motors, Ed Whitacre became its CEO during the company’s most turbulent times. After a career spent in Telecom, the native Texan looked to resurrect this American institution with the same experience that took him to the top of AT and T. And guess what? It worked! Join John McElroy along with the New York Times’ Bill Vlasic and Joe White from the Wall Street Journal as they talk to Ed Whitacre about his book, “American Turnaround,” this week on Autoline.
Cajoled out of retirement by President Obama in 2009 to steer the troubled car maker General Motors, Ed Whitacre became its CEO during the company’s most turbulent times. After a career spent in Telecom, the native Texan looked to resurrect this American institution with the same experience that took him to the top of AT and T. And guess what? It worked! Join John McElroy along with the New York Times’ Bill Vlasic and Joe White from the Wall Street Journal as they talk to Ed Whitacre about his book, “American Turnaround,” this week on Autoline.
Cajoled out of retirement by President Obama in 2009 to steer the troubled car maker General Motors, Ed Whitacre became its CEO during the company’s most turbulent times. After a career spent in Telecom, the native Texan looked to resurrect this American institution with the same experience that took him to the top of AT and T. And guess what? It worked! Join John McElroy along with the New York Times’ Bill Vlasic and Joe White from the Wall Street Journal as they talk to Ed Whitacre about his book, “American Turnaround,” this week on Autoline.
Daimler plays executive musical chairs by making some interesting personnel changes. Hyundai is upgrading the Sonata Hybrid for 2013, which is a good thing because the first version didn’t really deliver one main thing you expect from a hybrid. Yesterday Volkswagen officially announced the launch of the most fuel-efficient production vehicle ever made. All that and more, plus on Autoline This Week our guest is former GM CEO, Ed Whitacre and he talks about the mess he found when he got to General Motors.
More news and analysis of CEO Ed Whitacre's decision to leave General Motors. Infiniti just announced its new in-house performance division called IPL, which is short for "Infiniti Performance Line." Ford auctioned off a number of its concept cars in order to raise money for charity. All that and more, plus a look at Transonic Combustion, a company that’s invented a new type of fuel injection system that can make a gasoline engine get the same kind of fuel economy as a diesel.
General Motors chairman Ed Whitacre announced he will step down as CEO next month, and leave GM at the end of the year. Researchers from Rutgers and the University of South Carolina were able to hack a car through the tire pressure monitor system. Ford revealed four different engine options for the 2011 F-150. All that and more, plus we show you what it's like behind the wheel of a Tata Nano.
GM's CEO, Ed Whitacre, said the company will post impressive earnings for the second quarter. After originally planning to make the Lexus LFA available only for lease in the U.S., Toyota will now allow customers to purchase the vehicle outright...but there’s a catch. New rumors suggest that GM could be working on a mid-engined Chevy Corvette now that the economy is starting to improve and GM is out of bankruptcy. All that and more, plus a look at some of the technical details of the new Buick Regal.
This week on After Hours it’s all about the numbers as we dig into Cash for Clunkers. But before we get to all that, we’ve got to review the week’s news including the departure of Jim Press from Chrysler and Ed Whitacre sending Fritz Henderson back to the drawing boards. In the studio to talk about everything is John McElroy along with the regulars, David Welch from BusinessWeek and Peter De Lorenzo the AutoExtremist. And, Skyping in from Santa Monica is guest panelist Jessica Caldwell from Edmunds.com, who has uncovered some great disparities in the numbers being reported by the government in the Clunkers program. All that, and we get to your questions in Rapid Fire.