David Cole
David Cole
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.
car good helps higher history incentive jobs link maine mobile needle people price rural similar state work
There's a history of people commuting for good jobs in Maine, ... We're a mobile state because of our rural nature. To make it work as a car pooler, you need to be able to link up with people in similar situations. And the higher the price of energy, the more incentive there is to car pool. An organization like Go Maine helps find that needle in the haystack.
confident higher japanese labor level model permanent until visible work
With what happened, I think things are on hold. This is not a permanent decision. It's in abeyance right now until they can be more confident in the work force. The Japanese model is one of a higher level of visible collaboration between labor and management.
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.
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.
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.
opportunity refresh
It's really an opportunity to refresh the organization,