John Devine Quotes

While we have made good progress in reducing costs over the last several years, the projected loss in North America reinforces our need to do much more, particularly in the area of healthcare... Healthcare has been an increasing drag on North American profits and it's made us vulnerable to profit shortfalls.

- John Devine

Tags

Good | Progress | Reducing | Costs | Years |

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We'll probably continue to lose money, primarily because the industry is going to be weaker this year than last year... We don't think the economy has bottomed out yet. - John Devine

We continue to believe stock options are an appropriate and valuable part of compensation that encourages employees to focus on shareholder return. - John Devine

It is just above breakeven, but we think it's an important signal inside the company and outside the company that we were able to maintain automotive profitability. - John Devine