New GM chairman: ‘I don’t know anything about cars’

Good lord, it's time to appoint another new GM chairman. That's like hiring basketball player Kobe Bryant to do surgery.

The new chairman of General Motors is already under fire.

Edward Whitacre, a former AT&T hotshot whose long corporate career has been touted as an example of his big-business prowess, delivered a rather startling comment to a Bloomberg reporter on Tuesday — saying he knows nothing about the auto industry.

“I don’t know anything about cars,” Whitacre said. “A business is a business, and I think I can learn about cars. I’m not that old, and I think the business principles are the same.”
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