Rod Lache
Rod Lache
bank concerned deal demand financing obtain overcome remain secured struggling unable weak
Dana is struggling to obtain secured bank financing and a bank deal may not materialize. We remain concerned that Dana will be unable to overcome weak demand outlooks.
finish given incentive progress seems
It seems pretty far-fetched to me that this thing would go into a confrontation given that at least some progress has been made and everybody's incentive to get this over the finish line.
brand feeling support
My feeling is that it (the Firestone brand) is irreparably damaged, ... I don't see how or why they would try to support the brand when they have a better brand (Bridgestone) that is unscathed by this news.
brand feeling support
My feeling is that it (the Firestone brand) is irreparably damaged. I don't see how or why they would try to support the brand when they have a better brand (Bridgestone) that is unscathed by this news.
argument change gm legitimate primary reason thinking
The primary reason for our change of thinking is that there may be a legitimate argument that GM and the UAW would be better off if Delphi files.
allow bank believe company deal financing head industry obtain secured small specific struggling weather
We believe that Dana is struggling to obtain secured bank financing and a bank deal may not materialize, or if it does, it may be too small to allow Dana to weather company specific and industry head winds.
brand content equity higher means price putting reinforce vehicles
When you can price much higher that means you can put a lot more content into the vehicles and can reinforce that brand equity by putting out exceptional products.
betting deal few gambling given note players pull relatively scale seems size
We would note that given the size of GM, there are relatively few players that could pull such a deal off. Consequently, betting on a takeover of this scale seems to us to be more like gambling than investing.