David Healy Continue Quotations

I was expecting an announcement on the dividend today, so I was surprised that we didn't hear anything about it. They ought to cut it for tactical reasons, even though they can continue to pay it since they have enough liquidity. The addition of York on the board may still result in that.

Both Ford and G.M. are saddled with these legacy costs that they're negotiating with the union. Beyond that, there isn't much they can do but continue to attack their single largest cost: purchased materials.

Sales of gas-inefficient large SUVs are in a state of near-collapse this month. It seems likely that the shift in the sales mix away from large SUVs will persist and continue to damage Detroit's profit margins in the process.

Sales of gas-inefficient large SUVs are in a state of near-collapse this month, ... It seems likely that the shift in the sales mix away from large SUVs will persist and continue to damage Detroit's profit margins in the process.

They've got some interesting new stuff coming out. They're going to continue to do better than GM and Ford in North America, but I think there'll be a squeeze on their earnings.