David Cole
David Cole
basically believe betting company ford inside major people
This is a major restructuring. The people inside of Ford basically believe they are betting their company on this restructuring.
basic framework huge sweeping
This is a big, sweeping deal. It really is a basic framework for a huge restructuring.
environment labor
It's a very competitive labor environment today. That's not going to change.
becoming bigger intention labor
It's becoming a lot bigger than it could have been. I think the union's intention was to get this over.
becoming bigger intention
It's becoming a lot bigger than it could have been, ... I think the union's intention was to get this over.
avoid head objective possibly
The objective is to head (bankruptcy) off if you can possibly avoid it. (Dana) will try to avoid it.
hollywood murphy oil period picking profitable tom
There was the oil issue, a lot of different things going on with policy, safety, regulatory influence, but it was still a very profitable period for G.M.. If Hollywood were picking someone to play that role, Tom Murphy would have been it.
looking needed today
This is the fundamental restructuring that they have needed for a very long time. I would say things are looking a lot better today than they were yesterday.
faint rugged
This is not a place for weaklings or the faint of heart. It's a rugged part of the business.
company console either period point struggling time transition turnaround
The upcoming console transition period is a time when a struggling company can either make a turnaround or plummet to the point of no return.
track until
Right now, they're on a track that makes sense, but until it is resolved, it's not a done deal. It is a possibility.
beginning emerge fairly market realistic wearing
A fairly realistic market is beginning to emerge here. Some of the luster is wearing off.
believe job labor mean position strong supportive
I can't believe he'd make an announcement of that without labor being supportive of it. They (the union) are in a position where they are very vulnerable. Without strong employers, their job protections don't mean anything.
cars ford gm horse marry race seems
It seems as if GM and Ford are in a real horse race to marry cars and technology,