David Cole
David Cole
cost gm media might next others rick viewed year
Rick might have through the end of next year to show the cost savings. If GM is viewed by the media and others as not having a competitive set of new products, that's going to be a big problem.
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.
add average cost costs dollars easier killer less number players structure trying
The new players have a cost structure that is on the average of about 2,500 dollars less a vehicle. That's a killer number when you're trying to get competitive. It's a lot easier to add costs than to take out costs.
competitor cost save
If you can save $5 on a transaction that used to cost $10, you'll do it, even if your competitor is going to make $1.
chinese consumer feels initial korean mainly quality related resistance saw
We saw resistance to the initial Korean cars, but that was mainly related to quality. If the quality (of Chinese cars) is up to snuff, if the consumer feels there's value, they'll go for it.
definite seen surprise
It wouldn't surprise me. We've seen some definite refocusing away from California.
definite seen surprise
It wouldn't surprise me, ... We've seen some definite refocusing away from California.
card consumers holidays next sony wait whether wild xbox
The wild card is whether consumers are really going to come out in the holidays for the Xbox 360 or just wait for Sony next year.
buy chance consumers ready risk second system thoughts
The risk is that consumers are ready to go to buy a system and then you give them a chance to have second thoughts about it,
companies console cycle fresh likely microsoft xbox
Each cycle of console launches, the companies have a fresh start. Microsoft will likely do better with the Xbox 360.
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.
bill philosophy team top wants
Bill Ford's philosophy is that he wants a team at the top of the pyramid,
circuit court critical ensure felt lead order supreme truly voluntary
The Supreme Court felt that these warnings were critical in order to ensure the confessions are truly voluntary and not coerced. And now what the 4th Circuit has said is, we don't need these warnings. And I think what that will lead to is more coerced confessions.