We do not, however, share the belief that any of these objectives can be achieved in the near term, given the structural impediments to rationalizing GM's cost base. These structural impediments include union contracts, legacy liabilities, and dealer agreements.
More Quotes from Jon Rogers:
There are very few people that carry the credibility and insight into this industry that Jerry York does. They got an all-star.Jon Rogers
There are well-documented structural impediments to moving quickly in this industry.
Jon Rogers
Too many times, you read too many instances where relationships develop and all of a sudden an officer is going to do something that's wrong on behalf of the inmates such as being in stuff he should not be having. We just wanted to cut that off before it even gets to that.
Jon Rogers
We continue to expect lower earnings from Ford Credit, and see risks in the near term associated with restructuring, Ford's aging product portfolio, and market share losses.
Jon Rogers
Investors should remain on the sidelines and mind our speculative risk rating. Share prices could remain volatile amid bankruptcy speculation until management is more forthcoming with refinancing and restructuring progress.
Jon Rogers
Ford will trail the industry in product age by third-quarter 2006. On average, Ford's product portfolio will be the oldest in the industry from fourth quarter of 2006 through the first half of 2008.
Jon Rogers
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Based on Topics: Agreements Quotes, Belief & Faith QuotesBased on Keywords: gms, impediments, liabilities, rationalizing
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