It was negotiated at a different time, when Ford certainly didn't envision their market share going from 25 percent to 18 percent.
More Quotes from Craig Hutson:
Whirlpool is hitting on all cylinders despite a challenging cost environment. You're going to see underlying profitability improve significantly in the near term with new product innovation and easier comparisons.Craig Hutson
Cost cutting alone won't return North American automotive operations to profitability.
Craig Hutson
This latest news that they will be applying more of the employee discounts on the '06 model flies in the face of that strategy. It may depend on how many models we are talking about here. If it's a small number, it doesn't concern us that much.
Craig Hutson
Union negotiations will play a critical role in the plan's success, and even with the health care concessions, it is not clear that a sense of urgency and shared pain exists at the UAW.
Craig Hutson
Although the business had been declining, the price seems low for a sales base of 1.2 billion.
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