Quotations
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David Healy Quotes
«I suspect that Wagoner is under a lot of pressure from the board to turn things around. To me it seems the company is in crisis mode.»
Author: David Healy
«Anyone who was surprised by Toyota's forecast has been living on another planet.»
Author: David Healy
«I think GM's numbers will be close to 9.1 million to 9.2 million vehicles in 2006 thanks to its strength in the Asia-Pacific market. It's likely that Toyota will pass GM in volume worldwide, but I don't think it's going to happen in 2006.»
Author: David Healy
«A Jan. 4 reporting date for 'December' sales provides both the temptation and the opportunity for some creative finagling of the sales numbers.»
Author: David Healy
«I don't think Wall Street had fully realized the dependence of GM's and Ford's North American earnings on a few light-truck models. That was the nasty surprise that drove their shares down.»
Author: David Healy
«What GM is talking about in my book are not hybrids. These are trucks with humongous starter motors.»
Author: David Healy
«Detroit was an island surrounded by prosperity this year. The big SUV sales collapsed and did a number on their profitability. Both GM and Ford will lose a little market share in 2006, but not at the rate of 2005.»
Author: David Healy
«Truck-based models cost less for U.S. car markers to produce because they already have all the parts developed for their truck business. These truck-based SUVs have been the most profitable segment for Detroit in recent years, so developing new car-based models will eat into margins.»
Author: David Healy
«You have to praise their sense of realism, that they'll never get to a 25 percent share again. They have got to do this to survive.»
Author: David Healy
«I was expecting an extremely ugly quarter but this was a great deal uglier than I'd thought.»
Author: David Healy