David Healy Quotes

Sales were running down in the early part of the month. In the middle of the month, they launched heavy incentives, and had a very strong close.

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They've got to get these operations turned around. By 2007, I think that will begin to happen.

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One of the necessities of the restructuring program is to downsize. GM has too many plants, too many people, and too many models.

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My initial reaction was, 'What took them so long' ... They had too many brands, too many fiefdoms, and they had to simplify it. Even after they phase out Oldsmobile, they'll have too many, but I don't see them making another move for the foreseeable future.

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I don't think Wall Street had fully realized the dependence of GM's and Ford's North American earnings on a few light-truck models. That was the nasty surprise that drove their shares down.

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You have an earnings penalty and a cash benefit, neither of which is overwhelming.

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I would not imagine there is any danger of any of our players freezing. They play at play at a good level and are solid players.

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Imports and transplants have eaten Detroit's lunch and are beginning to nibble at its dinner as well.

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It will be ugly. It will be expensive.

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Rockport has a tremendous fishery for reds and we are hoping to attract the most serious redfish anglers to show them off and put on a great event. Our immediate inclination tells us we are expecting a big angler turnout from the area and plenty of heavy limits at the weigh-in stage.

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I think they will cut the dividend today. They should say something about the dividend one way or the other. Financially, GM shouldn't be paying any dividends at all.

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Imports and transplants are again the big winners in 2005, and will close out the year with about 40.5 percent of the market, up from 38.8 percent in 2004.

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They've got a hell of a lot of resources to withstand a prolonged period of negative cash flow, ... slim and none.

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I was expecting an announcement on the dividend today, so I was surprised that we didn't hear anything about it. They ought to cut it for tactical reasons, even though they can continue to pay it since they have enough liquidity. The addition of York on the board may still result in that.

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They were pretty much as expected in North America. Where they made gains was in better operating margins in Europe. Given that the market-share numbers in Europe are available and pretty unimpressive, it must be on the cost side.

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I think the effect has already been felt on Ford's earnings because Ford and the other automakers book themselves in profits when they produce and ship the cars to the dealers.

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I think that's highly unlikely, ... I think they will probably negotiate an agreement with the union to reduce health care costs this year.

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It would be a dream come true to score and incredible to score the winner.

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They made history for themselves. We had strength in depth in the Eighties, top-flight players on the bench. Now, we only have four Premiership players in the squad, and two are goalkeepers.

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Barring something we don't see coming, like 2 gasoline or 10 percent interest rates, I don't see the slowdown coming anytime soon.

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They say they are not increasing their incentive spending, but I have a hard time believing that, especially with the zero-percent financing. Chrysler probably has a lot of problems with inventories, and it's trying to solve them by price-cutting.

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What GM is talking about in my book are not hybrids. These are trucks with humongous starter motors.

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You have to admire them. Even with 4,000 in incentives, they're still making money...You compare that with how GM and Ford are doing in North America, and you have to give them a medal.

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It's strange. I don't even know about friends, what they think about me, ... You don't really know who you can trust.

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I was expecting an extremely ugly quarter but this was a great deal uglier than I'd thought.

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