David Cole
David Cole
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.
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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.
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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.
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It's kind of like the bluffing period is over, and the doing period has started.
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It may have been no big thing for Sony to give Microsoft one holiday period on the shelves to itself. But you're going to be sorely testing that loyal hardcore audience if it goes to two.
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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.
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You have one part of the pickup market that is not going to change, but most will shop around, ... It's good to have loyal customers, but it's not 90 percent or even 70 percent.
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He's different than Perot and Smale because he does know the business and he's been close to it for a long, long time. Jerry is a disciplined guy. His intent is not to blow the place up.
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It's sort of like giving yourself a great big garage.
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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.
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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.
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The bad news certainly isn't going to end for a while.
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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.