Quotations
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Mirko Mikelic Quotes
«It's all about market share. You can't have the cost base and keep losing market share year after year.»
Author: Mirko Mikelic
«Whirlpool has moved a lot of operations overseas, and that's helped out with their costs.»
Author: Mirko Mikelic
«What incentive is there for GM dealers to use GMAC going forward if it is not really part of GM?»
Author: Mirko Mikelic
«Investors are not convinced (the deal) will necessarily go through, or at least as two firms as we know them today with the full (product) line-up.»
Author: Mirko Mikelic
«The bonds had a little bit of a run-up over the week, which I thought was probably a little overdone. They're still facing the same problems. In the short term they need to sell a controlling stake in GMAC, get the cash of $10 billion or more, and then resolve the Delphi situation.»
Author: Mirko Mikelic
«With the costs Maytag has, they've just become less and less competitive. This industry is so competitive and having appliances coming from China at a fraction of costs at Maytag and Whirlpool only adds to that.»
Author: Mirko Mikelic
«Maytag produces 99 percent in the U.S., and they are just not price competitive.»
Author: Mirko Mikelic
«Investors know that Maytag is going to have to shed some of the businesses in order for the deal to go through.»
Author: Mirko Mikelic
«GM is desperate for the cash. They need it to pay out a lot of people, so they're trying to bolster their cash position.»
Author: Mirko Mikelic
«I'm stunned. I thought they would need to do at least something to appease the Justice Department.»
Author: Mirko Mikelic