Quotes by Craig Hutson

“Although the business had been declining, the price seems low for a sales base of $1.2 billion.”

“Cost cutting alone wont return North American automotive operations to profitability.”

“Ford must design and manufacture vehicles that consumers want to purchase without huge incentives.”

“This latest news that they will be applying more of the employee discounts on the 06 model flies in the face of that strategy. It may depend on how many models we are talking about here. If its a small number, it doesnt concern us that much.”

“Whirlpool is hitting on all cylinders despite a challenging cost environment. Youre going to see underlying profitability improve significantly in the near term with new product innovation and easier comparisons.”

“Union negotiations will play a critical role in the plans success, and even with the health care concessions, it is not clear that a sense of urgency and shared pain exists at the UAW.”

“It was negotiated at a different time, when Ford certainly didnt envision their market share going from 25 percent to 18 percent.”

“The results were awful. Clearly Maytag has made no progress on bringing cost savings to the bottom line.”

“If a deal doesnt get done, bondholders are looking at owning a credit that has seen its financial performance deteriorate at kind of a staggering rate.”

“We dont know a whole lot about this yet. To date, this is just headline fodder. These spreads are very attractive if nothing happens.”