13 Quotes by Brett Hoselton

The primary question is, are you going to be able to produce cars and trucks that are compelling enough to sustain or even gain market share. Health care and pension costs are important issues but the primary issue is always what does your top line look like.

What you're finding in the automotive business is the products you design today affect your profitability three to four years down the road. What we are seeing today is some pretty good changes at General Motors, but nothing like that at Ford, and I think Ford is really going to be in dire straits in five to 10 years from now.

Have they made significant improvements? The results suggest that we're not seeing any sort of a dramatic turnaround in the organization.

I think they are being more straightforward with the costs since, given the current situation, the number can be biased a little more to the negative.

It does raise some concerns. Do you get to a point where management has to focus on these issues?

That's a very costly program. You're paying people not to work.

We continue to believe that a significant internal or external change could be a positive catalyst, including an acquisition or divestiture or a management change. We are maintaining our Buy (2) rating and $10 price target, and would caution investors that this is a speculative call.

We continue to believe that a bankruptcy filing is a low probability outcome and that the company will successfully negotiate a new bank agreement.

We just don't see them having the ability to turn things around.