TO THE EDITOR:
Nick Bunkley's "New GM shows it can keep promises" (Jan. 8) blows smoke at CEO Mary Barra for reducing inventory and "pushing GM shares up nearly 30 percent." But, in my mind, those are only two relatively insignificant achievements for the former world's largest vehicle manufacturing company.
First of all, Barra has personally precious little to do with the reduction of physical inventory. Only a magician can accurately forecast and then control inventory levels. As for stock prices, the selling of assets along with an inundation of press releases regarding sales and expense controls can easily help do that job.
As for Tesla CEO Elon Musk taking a lesson from GM, let's hope he doesn't. Yes, he has missed goals and deadlines, but every vehicle manufacturer has had episodes of experiencing those hiccups. Unlike GM, Tesla is still a fledgling company in an unfamiliar market. However, like GM, it should learn in time.
RICHARD HERDEGEN, Bloomfield Hills, Mich. The writer is a retired General Motors executive.