David Cole
David Cole
giving great sort
It's sort of like giving yourself a great big garage.
advise benefit board candidates committee communication community details encourage friendly governors greater hope interview members point positive potential program setting situation state turning university worked
Details are still being worked out, but the point is that we're turning this disappointing situation into a positive new program that will benefit Rutgers as a whole. We hope that by setting up a committee of members of the University community who would interview potential nominees for the Rutgers Board of Governors and advise the governor on which candidates are most friendly to Rutgers, we can encourage greater communication between the state and Rutgers.
build buyers design fast flexible greatly listen market production putting quickly risks
One thing they are better able to do is listen to buyers more accurately, ... If you can design it fast and build it quickly on a flexible production line, your risks of putting it in the market are greatly reduced.
deal employment great include job meaning plan similar
The plan will include a great deal of white-collar job cuts. Ford's white-collar employment is similar to GM's, meaning it's disproportionately high.
believed great people
I don't think a great many people really believed that (the Delphi bankruptcy) was going to happen.
games great son takes time
The great thing about Nintendo's games is they're very short, and it takes someone like my son no time to get the thing going.
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.
benefit certainly chance competitor cuts enter factory field hot incentives lose maybe move price stay volume
There's the thought that if this is going to be so hot, why not price it higher? But if you do, maybe you lose volume and it doesn't stay hot as long, or you have to move to incentives and price cuts sooner, or you give a competitor a chance to enter the field sooner. The dealers certainly are making money. But the factory doesn't benefit from that.