Quotes by John Devine

“frankly for me, flat is pretty good.”

“Its nice to be above expectations, but were certainly not pleased with the overall results. Theyre not acceptable results in our view. We have a lot more to do.”

“Certainly the first quarter was better than anybody expected, but were still looking for a very good year, ... The consumer is king right now and were going to take advantage of that.”

“In South America were going in the wrong direction,”

“The cost reductions weve looked at are very tough to achieve. Were not doing it by cutting and slashing the business. Were growing it, doing the right things strategically and were still getting the cost out.”

“Probably by the end of the year, youll see a charge. We are working on the program. It will happen.”

“Its a good quarter. Good progress. Were not at a level yet in the automotive business that were pleased with, so we have a lot of work to do. But we had another record quarter in financial services and a record year.”

“The private entrepreneur who is the heart of our system today will continue in the future. I dont think thats going to change. But there is obviously going to be a major change in a number of the parts of distribution.”

“This is our 11th quarter of year-to-year improvement in our earnings. For the auto business, thats a pretty good track record.”

“Well probably continue to lose money, primarily because the industry is going to be weaker this year than last year, ... We dont think the economy has bottomed out yet.”