Quotations
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David Healy Quotes
«These are vehicles on the market mainly because of the insanity of regulators in states like California that are worried about emissions standards.»
Author: David Healy
«They were pretty much as expected in North America. Where they made gains was in better operating margins in Europe. Given that the market-share numbers in Europe are available and pretty unimpressive, it must be on the cost side.»
Author: David Healy
«We can wait to see what happens, but perhaps he's bitten off more than he can chew. They've used the value of Hughes effectively to benefit other shareholders. I don't think there's any consensus among analysts that GM is forgetting about shareholders and should be taken over by raiders.»
Author: David Healy
«I think that the sales drop is temporary. Explorer buyers, or some of the buyers, may be buying Ford's new small Escape SUVs or waiting until the new Explorer itself comes out after the first of the year.»
Author: David Healy
«I think the effect has already been felt on Ford's earnings because Ford and the other automakers book themselves in profits when they produce and ship the cars to the dealers.»
Author: David Healy
«With GM, I think overall you'll be looking at a 9 percent increase in October this year versus October last year in GM's light truck sales, and I think that their SUV sales will show an increase at least that big year over year. That's the good news.»
Author: David Healy
«The impression so far is that GM's portfolio is a little more impressive than the others.»
Author: David Healy
«The bearishness is overdone. This is probably the part of the cycle where you'd do well owning auto stocks if you have some patience.»
Author: David Healy
«The passenger cars are not inherently as profitable as big SUVs or big pickups, but they have to refurbish their car line, even if it doesn't get them back to historical profit margins.»
Author: David Healy
«Considering all the headwinds you had to deal with in the early part of the year, I think it turned out rather well.»
Author: David Healy