John Casesa
John Casesa
basement discover good hate investors leak sell trying
These disclosures don't look very good when investors are already skittish about what's going on in the automotive industry. You hate to discover a leak in your basement when you're trying to sell your house.
auto continue european operations
Even excluding the charge, European auto operations continue to be a big drag.
anywhere effect gm lost percent quarter represents ripple sales second supplies
The ripple effect on GM supplies is profound. GM represents anywhere between 15 and 20 percent of the sales of most big supplies, so these are lost sales and lost profits. And you'll see it in their second quarter results.
appear both capacity economic growth rapid sharp
We think it would take a rapid acceleration in economic growth and/or sharp capacity reduction, both of which appear unlikely.
clean force healthy labor low pension sheet start terms third work
They start with a young, healthy work force so they have low health-care liabilities. Because the work force is young, there are no pension payments, and there won't be for many years. And, third and most important, they started with a clean sheet in terms of labor relations.
adopt aggressive gm greater management pressure turnaround
The pressure on GM management is greater than ever ... to adopt a more aggressive turnaround strategy.
ford hold lasting likely negative press relatively remains stock
In short, while the negative press will likely hold back the stock near-term, we don't think it will have a lasting impact, and in our view, Ford remains relatively attractive,
desire full gm large launching size snap
If consumers' desire for large SUVs does not snap back, GM will be launching its new full size SUVs into an unwelcoming market.
dry expect ford gm half lose market next pipeline product relatively year
For the next year, year and a half I expect Ford to lose market share. It doesn't have many levers to pull. Its product pipeline is relatively dry and GM is being very aggressive.
break ford pack potential
If Ford makes Volvo work, it has the potential to break out of the pack of second-tier automakers,
business driver great lots mix north operations rich selling
The North American operations are the driver of the results. Business is great this year, and the mix is very rich -- they're selling lots of trucks,
auto businesses cars closed companies excess extra henry low offer people prices product rationally simply wayne
The auto companies have closed this excess capacity, are now making better product and simply don't have a lot of extra cars they can offer at low prices to this distribution channel. People like Henry Silverman or Wayne Huizenga will make those businesses more rationally structured.
exactly finding gm people rule sure
They just want to make sure that people don't rule GM out. But the probability of finding exactly what they want is probably pretty slim.
bound easier fairly former less outsiders parents shared simply
Its easier for outsiders to be hard-nosed with the former parents of these companies. They're simply less bound by the fairly long, shared history.