39 ordspråk av John Devine

John Devine

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As we stand today, we don't know what the outcome is for Delphi, that's their call,

If they want it so badly, let them do a little work for it,

The four-wheelers should come up with 45 signatures and put it on the ballot,

Robbie is a first class candidate and we are looking forward to him getting his sleeves rolled up and taking on the other candidates on the issues.

That's been going up in particular in the last couple of years. It's put a real drain on profitability, cash and a big dent in our balance sheet as a result of that. We think there is a potential for that to continue with health-care inflation the way it is.

We need to go far beyond just teacher interaction with students on a cognitive level. We need to know what the kids are fantasizing, what they're thinking about, what they're worried about.

This is Delphi's business and it's their call. We respect that. Delphi is very important to us. We obviously want to be as constructive as we can. That said, we're obviously going to do what's right for GM,

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.

We're not assuming any major givebacks here.

GM has a high degree of confidence in the business despite the volatility in the marketplace and the intense competitive environment, ... GM's inventory levels came down significantly during the first half and are now at appropriate levels. This should allow us to maintain reasonably stable production rates for the balance of the year.

It's clear from the data we're getting the disadvantage of some stronger headwinds,

We expect some slowdown in the mortgage business as the refinance boom fades,

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,

[Devine said the company saw fewer sales of higher-priced, more profitable sport/utility vehicles and pickups, and more sales of small SUVs and cars, in the quarter. GM's sales mix has been] relatively strong in recent years, ... And after reasonably stable (U.S. market) share the last four to five years, we're down this year, and it hurts.

frankly for me, flat is pretty good.

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