David Cole
David Cole
company monumental pull
They were amazed. And they said if we could pull off that many releases, it would be monumental for the company and for our customers.
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.
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.
betting company higher level realize viewed
There's a much higher level of urgency. I think they realize that they're betting the company on this. Our sense is this is being viewed as this is a change-or-die kind of thing.
company
This will not be the only company where you're going to see this kind of comment.
brings company critical experience extensive highly relevant rob stage
Rob brings extensive and highly relevant experience to our Company at a critical stage in our turnaround.
giving great sort
It's sort of like giving yourself a great big garage.
chemicals critical drop eight mix sort
It's sort of a critical ingredient. It's like when you mix eight or 10 chemicals and nothing happens. Then you drop this in and all of a sudden, boom, you get an explosion.
aware change cost driven everybody faces per plays problem produced profitable three vehicle
Every one of the Big Three faces a problem right now of about $2,000 to $2,500 per vehicle produced cost disadvantage. If that plays out over time, they're all dead. It's change or die. Everything is driven by a profitable business. If you can't be profitable, you can't be in business. That is, I think, recognition that everybody is aware of.
active average costs employee medicare savings
The average costs of an active employee is $130,000 a year, and the average cost for a retiree before Medicare is about $50,000. The savings are enormous.
bad certainly news
The bad news certainly isn't going to end for a while.
auto educated future industry jobs workers younger
The auto industry of the future will be a younger and more educated workforce. High-paying jobs for educated workers are not going away.
additional gives
They've really outgrown their Georgetown facility. This gives them a little additional capacity.
alignment capacity create sales
They've got to create alignment between capacity and sales volume.