His departure is not going to make or break the company, but the cumulative loss of the top people from Chrysler is a significant drag, although it's hard to quantify,
More Quotes from David Healy:
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.David Healy
They're starting to act like a company that burned through 7 billion in cash last year.
David Healy
They've got to do some of the same things in North America they've been doing in Europe cutting the hell out of capacity and bringing in some hot new models. That's easier said than done. Things will get worse there before they get better.
David Healy
You have to admire them. Even with 4,000 in incentives, they're still making money...You compare that with how GM and Ford are doing in North America, and you have to give them a medal.
David Healy
In the long run, they'll be buying parts from a Delphi that has a lot lower cost base. Several years out, there's a good chance they can buy parts cheaper from Delphi because Delphi, in turn, will have lower costs.
David Healy
It's more trouble for the suppliers. Partly, it's a reflection of the fact that Ford and GM are shrinking to reckon with lower market share. And so there's less business to go around for the suppliers.
David Healy
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