The outlook for the fourth quarter is not so hot. It is very clear that results in North America will be compressed by all this price cutting.
More Quotes from John Casesa:
We expect the truck mix to gradually improve through the remainder of the year, but fleet sales will likely recover, offsetting some of the mix benefits.John Casesa
They just want to make sure that people don't rule GM out. But the probability of finding exactly what they want is probably pretty slim.
John Casesa
It looks increasingly likely to us that GM will effect some kind of a transaction that will separate these two businesses. These two companies will be worth more apart than they are together.
John Casesa
These disclosures don't look very good when investors are already skittish about what's going on in the automotive industry. You hate to discover a leak in your basement when you're trying to sell your house.
John Casesa
GM's competitiveness is not only dependent upon labor costs, but also on the speed of its decision-making, its success in responding to the market appropriately and its ability to identify the growth segments in the market,
John Casesa
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