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Why GM Matters

In his new book, Why GM Matters : Inside the Race to Transform an American Icon, William Holstein makes the argument that GM is essential to our nation's well-being.  He goes deep inside GM to show what's really happening at the country's most iconic corporation.  Holstein explains how GM has already radically retooled its entire operation, from manufacturing and cost structure to design. He also demonstrates how inextricably linked GM and the nation's economy still are.  For instance, GM is still the country's largest private buyer of IT, the world's largest buyer of steel, the holder of pensions for 780,000 Americans and GM accounts for a full 1 percent of our country's GDP.  This book clearly explains how a dollar spent on GM has profoundly different consequences from a dollar spent on Toyota.