The end game is to sell out to GM, ... There are too many players trying to win customers in the mid-sized market.
More Quotes from Hilary Cook:
Valuations could go out the window.Hilary Cook
All this mergers and acquisitions activity is quite extraordinary.
Hilary Cook
The shares had enjoyed an extraordinary debut, much better than we expected, but they are very vulnerable to any disappointment, ... The City never likes nasty surprises and this is a difficult business model to predict.
Hilary Cook
In these competitive markets and with Wal-Mart breathing down your neck, it's all about grabbing the opportunity to expand in regions where you've got critical mass. It's better to be successful in a few countries and leave it at that than be in every country and be struggling.
Hilary Cook
There's renewed confidence - companies are feeling happy, they are feeling pretty good about life. They are saying we don't need this money for a rainy day we can buy extra growth.
Hilary Cook
There isn't a lot of forward momentum. The market ran a bit too far, too fast last year.
Hilary Cook
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