Board of directors fired the head of GM Fritz Henderson

Board of Directors of General Motors on Tuesday had fired the head of the company Fritz Henderson, explaining, that  his decision, he was  planing a new strategy for business development.
Henderson stayed on the ground head  eight months after  replaced biased at the insistence of the U.S. administration’s Rick Wagoner.
“The Board of Directors, based on data about the dynamics of (the company), decided that it was necessary to change the direction of development. Fritz agreed with this decision”, – told reporters in Detroit, spokesman GM.
He said the company in Henderson was developing too slowly.
Vacant post temporarily will replace the chairman of GM Ed Uiteykr. He thanked Henderson for his work in the days when GM needed support, but said that now is the time to accelerate its development.
Henderson, throughout his career, he worked in GM. Uiteykr was appointed chairman of the group in June on the initiative of the White House. Prior to this appointment, he worked 17 years in the telecommunications company AT & T.
In contrast to the events related to the resignation of Wagoner, the White House said that did not affect the GM board of directors in making its decision on Henderson.
“This decision was the concern itself, the administration was not involved in the process of discussion,” – said the White House reporters on Tuesday evening.
GM, faced with severe financial difficulties due to a sharp decline of sales in the domestic and foreign markets, gained in the past year, 13.4 billion dollars in government credit. These funds, however, was not enough to keep the company afloat, and in February it requested state has 16.6 billion dollars. Terms of state aid is tough and conducted in coordination with the U.S. administration in restructuring the company.
Net loss General Motors in 2008 fell to 30.9 billion dollars from 43.3 billion in 2007. Revenues giant American auto industry in 2008, amounting to 149 billion dollars – 31 billion less than in 2007.
Net loss for GM in the fourth quarter of 2008 increased by 8,1 billion dollars over the same period of 2007 – from 1,5 to 9,6 billion dollars. The company’s revenues in the fourth quarter of 2008 decreased to 30.8 billion dollars compared with 46.8 billion dollars during the same period of 2007.
General Motors, one of the largest automotive companies in the world, was founded in 1908 and today produces cars and trucks in 34 countries, sells and provides maintenance – in 140 countries. The headquarters group is located in Detroit, Michigan, the total number of staff – 244,5 thousand people.
In 2008, the concern sold 8.35 million vehicles brands Buick, Cadillac, Chevrolet, GMC, GM Daewoo, Holden, Hummer, Opel, Pontiac, Saab, Saturn, Vauxhall and Wuling.
The largest market for GM is the United States, followed by China, Brazil, Britain, Canada, Russia and Germany.