15 Quotes by Mirko Mikelic

Maytag produces 99 percent in the U.S., and they are just not price competitive.

My concern is, do they have the big picture right? They're moving in the right direction. Obviously, they're in a perilous situation. They continue losing market share. Their costs are increasing. You can't sustain that.

GM is desperate for the cash. They need it to pay out a lot of people, so they're trying to bolster their cash position.

I'm stunned. I thought they would need to do at least something to appease the Justice Department.

Whirlpool has moved a lot of operations overseas, and that's helped out with their costs.

What incentive is there for GM dealers to use GMAC going forward if it is not really part of GM?

With the costs Maytag has, they've just become less and less competitive. This industry is so competitive and having appliances coming from China at a fraction of costs at Maytag and Whirlpool only adds to that.

Through their product offering, price-competitiveness, and moving production overseas, Whirlpool has been able to compete on price. That's how they've been winning.

People are very surprised that there is strong demand out there. There's still a strong housing market.