My feeling is that it (the Firestone brand) is irreparably damaged. I don't see how or why they would try to support the brand when they have a better brand (Bridgestone) that is unscathed by this news.
More Quotes from Rod Lache:
I think we might have a slight degree of difference in the degree of aggressiveness in certain government bodies such as EPA and NHTSA. But overall, even in a Bush administration, environmental regulations are going to become increasingly stringent.Rod Lache
When you can price much higher that means you can put a lot more content into the vehicles and can reinforce that brand equity by putting out exceptional products.
Rod Lache
This result underscores our concern about GM's earnings concentration, which may be even more acute than we have estimated.
Rod Lache
It doesn't give them the critical mass they need in Japan or any other Asian market. They want to have 25 percent of the Asian market. It's very strongly implied there will be more ma activity in the market.
Rod Lache
Our key takeaway from Toyota and Nissan presentations is that there may be more risk to our GM and Ford market share assumptions than previously thought.
Rod Lache
Dana is struggling to obtain secured bank financing and a bank deal may not materialize. We remain concerned that Dana will be unable to overcome weak demand outlooks.
Rod Lache
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Based on Topics: Emotions Quotes, Media & News QuotesBased on Keywords: bridgestone, irreparably, unscathed
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