Quotations
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David Garrity Quotes
«There are cases where the execution could be admittedly flawed. But, for a company as large as Ford, this is not to say that they won't eventually succeed.»
Author: David Garrity
«Financially, their product line is reasonably successful. There would be no kind of distress sale as there was with Nissan and Renault. Honda can pick something in their own time and place.»
Author: David Garrity
«I give Rick credit to try to move GM as an organization more at Internet speed. We're seeing the baton being passed from one person who made a significant contribution to someone on the same team, who is going to take the company hopefully to the next level.»
Author: David Garrity
«It's not only the companies themselves that benefit from lower costs. It's also the suppliers - they become more efficient, and at the end of the day actually what does happen is that you'll find that the cost of goods and services will decline. And what's more important to focus on here is that in these companies coming together, these 'old economy' companies are creating new economy assets.»
Author: David Garrity
«These companies have been squeezing suppliers on prices for years.»
Author: David Garrity
«Certainly you can argue they have been successful on both fronts. And the demand for luxury sport utility vehicles is increasing.»
Author: David Garrity
«In my view, shares of Ford would probably become more attractive if it got down to say $22, $23 a share. Although, I would argue that as long as these investigations are continuing, they'll probably serve to put a lid on the stock price performance. Other stocks in the auto sector we are more positive on include General Motors ( GM : Research , Estimates ). Also at GM, you've got a change in management -- you've got a significant outside shareholder developing in Carl Icahn, owning 30 percent in GM. There's just a lot of value to be realized in the group.»
Author: David Garrity
«Usually when things slow down, you get both [production cuts and increased incentives]. It's hard to get one or the other by themselves.»
Author: David Garrity
«In an environment where operating volumes are down and regulatory compliance is becoming more strict, it doesn't make sense for two companies to pool resources.»
Author: David Garrity
«Do ducks swim in the water?»
Author: David Garrity