39 ordspråk av John Devine
John Devine
It's not a great quarter from an earnings standpoint, but relative to the volume adjustment, we think not a bad one.
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Overall, 2002 will be a very challenging year for the industry,
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Probably by the end of the year, you'll see a charge. We are working on the program. It will happen.
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Robbie is a first class candidate and we are looking forward to him getting his sleeves rolled up and taking on the other candidates on the issues.
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That's been going up in particular in the last couple of years. It's put a real drain on profitability, cash and a big dent in our balance sheet as a result of that. We think there is a potential for that to continue with health-care inflation the way it is.
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The cost reductions we've looked at are very tough to achieve. We're not doing it by cutting and slashing the business. We're growing it, doing the right things strategically and we're still getting the cost out.
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The four-wheelers should come up with 45 signatures and put it on the ballot,
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The inability to raise prices requires us to take even tougher measures to reduce costs,
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The private entrepreneur who is the heart of our system today will continue in the future. I don't think that's going to change. But there is obviously going to be a major change in a number of the parts of distribution.
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There are things we can do. We did one of those today. Is that enough long term? Absolutely not,
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This is Delphi's business and it's their call. We respect that. Delphi is very important to us. We obviously want to be as constructive as we can. That said, we're obviously going to do what's right for GM,
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This is our 11th quarter of year-to-year improvement in our earnings. For the auto business, that's a pretty good track record.
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very challenging, but we plan to get it done.
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We continue to believe stock options are an appropriate and valuable part of compensation that encourages employees to focus on shareholder return,
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We expect some slowdown in the mortgage business as the refinance boom fades,
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