An argument could be made for outright elimination of the dividend, though we view that as unlikely. |
Cost-reduction targets sound good on paper but achieving many of them will require UAW cooperation. |
Ford needs to show greater cost reduction going forward as the revenue side gets more competitive. |
In North American automotive, it is as if GM and Ford both walked outside on a rainy day -- Ford somehow came back with a suntan, while GM walked back inside soaked. |
It is as if GM and Ford both walked outside on a rainy day -- Ford somehow came back with a suntan, while GM walked back inside soaked. |
It is as if GM and Ford both walked outside on a rainy day, Ford somehow came back with a suntan, while GM walked back inside soaked. |
The duration of this gas spike matters. |
Today's moves set the stage for a more significant discussion with the UAW regarding cost savings but have very minimal near-term cash flow impact. |
Today's moves set the stage for a more significant discussion with the UAW regarding cost savings, but have very minimal near-term cash flow impact. |
We are pleased to see results improve, but our enthusiasm is tempered by several factors. |
We have long maintained that the parties are very likely to come up with a deal that avoids a long, debilitating strike at Delphi, which could lead to a Chapter 11 filing by GM. |