39 ordspråk av John Devine
John Devine
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We realize you don't think we can do it, ... That spurs us further to get things done.
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It's not a great quarter from an earnings standpoint, but relative to the volume adjustment, we think not a bad one.
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I don't think the war is over on incentives.
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The inability to raise prices requires us to take even tougher measures to reduce costs,
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Overall, 2002 will be a very challenging year for the industry,
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It's a good start on the $10 number, but we have a lot of work to do to reach it and then sustain it,
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We continue to believe stock options are an appropriate and valuable part of compensation that encourages employees to focus on shareholder return,
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Clearly we are going to have to put more of our operational cash flow into pensions than we'd like or we had planned earlier,
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Without the pension drag, we'd expect to make about $7.50 a share this year, ... We're not excusing the pension expense. But we'll be working through it, we'll get this behind us. Making the $10 (a share target) with the pension drag will be difficult but we're still committed to it.
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very challenging, but we plan to get it done.
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There are things we can do. We did one of those today. Is that enough long term? Absolutely not,
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We still believe in growth of the market. We still believe we're going to need our capacity, ... This is still a very important opportunity for the company and we don't want to be slow.
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We will achieve our 2004 earnings objectives despite a tough competitive environment,
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We have product and distribution plans to fit each of those brands, ... I know there's a lot of speculation about what we're doing and that's fine. But I want to be clear we do not have plans to drop any brands.
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Delphi is very important to us, and we obviously want to be as constructive as we can. That said, we obviously are going to do what's best for General Motors.
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