But despite the pressure, I can't think of anyone who would be better than him to do this job. The issues facing the company are so long in the making. They are just rising on his watch, but they weren't created by him.
GM today is in worse shape than Nissan was when Carlos took over. It's just a much bigger company with a much bigger problem in a much worse situation.
GM's new products are just not getting the job done and the company is losing market share, ... It's really a combination of three things going on. There's lower sales mixed with falling prices and higher input costs.
This is not a company you would buy for its fundamental attributes or its operational strengths.
The last couple of days illustrate that there is a lot of work to do at this company and it's debatable whether it's actually doable outside bankruptcy court. I don't think it is.
If you look at the trailing four quarters, as bad as those numbers were, they were unsustainable. Unless the company was sitting on its hands and did nothing, they couldn't remain that negative for very long.
This is a company and an industry that has a lot of bigger issues to deal with.