Rod Lache Quotes

I think it's almost impossible for Ford to distance themselves from the problem, but I think they've done a very good job conveying responsiveness to the U.S. consumer, obviously being more responsive than Firestone has. - Rod Lache

I think it's a smart move because it's less deceptive. People who are going on the Internet can get the right news up front. - Rod Lache

I don't see this as resulting in anything dramatically negative. Over time, you'll see incentives rising everywhere. But it's not anything scary yet. - Rod Lache

Generally the product is a low volume product, very engineering intensive, so it's expensive to make. GM has too much car capacity and not enough truck capacity. Car plants are operating close to 70 percent capacity, while truck plants are close to 100 percent. You can use that manufacturing plant, maybe for a hybrid sports utility vehicle/car. - Rod Lache

Ford's North American operating business model continues to deteriorate. - Rod Lache

Excluding fleet, retail sales of GM and Ford were down 7% and 6, respectively. - Rod Lache

Dana is struggling to obtain secured bank financing and a bank deal may not materialize. We remain concerned that Dana will be unable to overcome weak demand outlooks. - Rod Lache

Achieving significant cost reduction will be difficult, as we believe that GM's relationship with UAW leaders could become increasingly contentious as GM's North American business experiences further deterioration. - Rod Lache

[No matter what it looks like, reaching a deal] will involve some cost to GM... But on the positive side, we believe that GM will likely avoid a potentially devastating shutdown of its North American operations. - Rod Lache

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