Probably half the job is cost-cutting. The new model lineup is the other part of it.
More Quotes from David Healy:
In the long run, they'll be buying parts from a Delphi that has a lot lower cost base. Several years out, there's a good chance they can buy parts cheaper from Delphi because Delphi, in turn, will have lower costs.David Healy
My initial reaction was, 'What took them so long' ... They had too many brands, too many fiefdoms, and they had to simplify it. Even after they phase out Oldsmobile, they'll have too many, but I don't see them making another move for the foreseeable future.
David Healy
They've got to do some of the same things in North America they've been doing in Europe cutting the hell out of capacity and bringing in some hot new models. That's easier said than done. Things will get worse there before they get better.
David Healy
It would be a dream come true to score and incredible to score the winner.
David Healy
It's not necessary for a wave of consolidation in the worldwide auto industry,
David Healy
The business does not deserve a huge premium. It's a cyclical business, earnings are erratic.
David Healy
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