David Cole
David Cole
clock five fortunate jerry moving next played quickly six time
We're in a time where the clock is moving much more quickly on GM. I think they're fortunate to have Jerry because this thing is going to be played out in the next six months, not the next five years.
benefit certainly chance competitor cuts enter factory field hot incentives lose maybe move price stay volume
There's the thought that if this is going to be so hot, why not price it higher? But if you do, maybe you lose volume and it doesn't stay hot as long, or you have to move to incentives and price cuts sooner, or you give a competitor a chance to enter the field sooner. The dealers certainly are making money. But the factory doesn't benefit from that.
chrysler design designer developed few flair help last originated reputation sick
Chrysler has developed a reputation for flair and design that originated with Tom. But he's been a lot more than a designer the last few years. He's been much more of an executive. I can't help but feel he's sick of it.
automatic dimensions everybody good move opportunity subtle
I think it's probably a good move. One of the subtle dimensions of this is that when you move like that, not everybody moves. That's an automatic opportunity to significantly restructure.
interests
It's in everybody's interests that Delphi makes it.
although comments concerns consider continue dated forward heard june letter listed move plan refine
has heard your concerns and although we plan to move forward with the alternatives listed in my letter dated June 7, 2005, we will continue to consider your comments as we refine the routes.
generally high low medium recommend risk users
Low risk is something we generally recommend that users can ignore. Medium risk is something we quarantine, and high risk is something we automatically remove.
plant
I think the Moraine plant is probably going to continue, and get considerable investment.
believed great people
I don't think a great many people really believed that (the Delphi bankruptcy) was going to happen.
environment labor
It's a very competitive labor environment today. That's not going to change.
period
It's kind of like the bluffing period is over, and the doing period has started.
betting company higher level realize viewed
There's a much higher level of urgency. I think they realize that they're betting the company on this. Our sense is this is being viewed as this is a change-or-die kind of thing.
bargaining benefits best companies defining future hope market power tells wages work
More than anything it tells the UAW that their bargaining power is gone, ... The market is defining wages and benefits of the future and the best they can hope for is to work collaboratively with the companies to survive.
conduct crime electronic places
It's a crime to conduct electronic surveillance without authorization in two places in the statute.