David Healy Quotes

"The market has developed massively over the past five years; this is where the action is and where the growth is coming from."

"They were pretty much as expected in North America. Where they made gains was in better operating margins in Europe. Given that the market-share numbers in Europe are available and pretty unimpressive, it must be on the cost side."

"They were pretty much as expected in North America, ... Where they made gains was in better operating margins in Europe. Given that the market-share numbers in Europe are available and pretty unimpressive, it must be on the cost side."

"The changes seem to reflect Bill Ford's impatience with the turnaround in North America,"

"Everything was great in North America. But they were struggling elsewhere. I think that they're running into a lot of competition in pricing and product."

"I think that's highly unlikely, ... I think they will probably negotiate an agreement with the union to reduce health care costs this year."

"I would not imagine there is any danger of any of our players freezing. They play at play at a good level and are solid players."

"If it wasn't GM in crisis mode and the whole feeding frenzy going on in the media, a small restatement like this wouldn't get any attention."

"It goes to the 'equality of sacrifice' principle embraced by the union. It may make it easier for GM to get concessions from the rank and file."

"It might be a slight negative to the auto business if it distracts them from their plans. He's trying to stir up the pot to make more money for Kerkorian."

"October was even better than I expected. Cars are cheaper, GM is back from the strike, and despite what's happening in the stock market, consumer confidence levels are high."

"The job cuts will ultimately generate considerable cost savings if GM is smart enough to fire the right people and keep the right ones."

"Imports and transplants have eaten Detroit's lunch and are beginning to nibble at its dinner as well."

"You have an earnings penalty and a cash benefit, neither of which is overwhelming."

"It's not bet-the-company, but it's pretty darn important. Well, maybe it is bet-the-company."

"Half of his pay is dependent on the performance of the company, so that looks pretty reasonable relative to the pay of other CEOs at big companies. It probably doesn't look reasonable to the guy who just got laid off."

"In an environment where nobody's earning raises, if they turn the company around, they get rewarded."

"These are small, insignificant adjustments relative to the size of the company."

"We can take some confidence from the result against Azerbaijan."

"I don't think Wall Street had fully realized the dependence of GM's and Ford's North American earnings on a few light-truck models. That was the nasty surprise that drove their shares down."