It does raise some concerns. Do you get to a point where management has to focus on these issues
More Quotes from Brett Hoselton:
We continue to believe that a bankruptcy filing is a low probability outcome and that the company will successfully negotiate a new bank agreement.Brett Hoselton
Have they made significant improvements The results suggest that we're not seeing any sort of a dramatic turnaround in the organization.
Brett Hoselton
We just don't see them having the ability to turn things around.
Brett Hoselton
What you're finding in the automotive business is the products you design today affect your profitability three to four years down the road. What we are seeing today is some pretty good changes at General Motors, but nothing like that at Ford, and I think Ford is really going to be in dire straits in five to 10 years from now.
Brett Hoselton
The concern I would have is that General Motors may have given away their bargaining chip without necessarily getting the concessions (from the UAW) they need at this point.
Brett Hoselton
They have become a one-trick pony with the commercial vehicle sales. The problem is, that pony is going on a hiatus next year.
Brett Hoselton
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