What he did was wonderful. He has a great deal of integrity. You don't always hear good stories.
We expect all of our suppliers to provide parts in a timely fashion, in the most competitive price and highest quality.
This is a more realistic way to address the reduction of material costs, to take it down to the part level, ... We hope it will be significant.
The auto industry is in a slowdown, and our inventory going into winter months is higher than we would like,
Because of high inventory levels, decreased consumer confidence, we've decided to reduce production to bring our production levels in line with market demand.
The idea is greater collaboration with the suppliers and hopefully greater cost savings for us.