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Car Life.(NEWS)
Why GM Matters: Inside the Race to Transform an American Icon, by William J. Holstein, Walker & Company, www. walkerbooks.com, $27.
If you gave up on General Motors a decade or more ago, don't understand why anyone thinks it's worth saving now and can't imagine why the board keeps Rick Wagoner at the helm with things going so badly, this book has answers.
Holstein, who has covered the auto industry for the likes of BusinessWeek magazine, chronicles the transformation that was well under way at GM before last year's financial crisis. He also describes Wagoner's leadership in that transformation from what was a Balkanized conglomerate into a single global entity.
And for those who think a bankruptcy would be no big deal, Holstein documents how deeply GM is ingrained in the U.S. economy.
This book should be required reading for every member of the Obama ...
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Source: HighBeam Research, Car Life.(NEWS)