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Letter "J" » John Casesa Quotes
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«It looks increasingly likely to us that GM will effect some kind of a transaction that will separate these two businesses. These two companies will be worth more apart than they are together.»
Author: John Casesa
«GM is going in the right direction, but it is not getting better as fast as the competition is getting better.»
Author: John Casesa
«There is enormous pressure for consolidation in the auto industry, ... There is way more supply than demand -- at least 40 extra plants around the world -- and that's the primary reason the returns in the business are crummy.»
Author: John Casesa
«This European-U.S. deal could break open Japan,»
Author: John Casesa
«[GM] used to be one step ahead of the pack, ... Now, it looks like it's in with the pack in Europe.»
Author: John Casesa
«There is enormous peer pressure because Ford faced essentially the same conditions as GM does now back in the '80s, ... pick up the pace.»
Author: John Casesa
«They start with a young, healthy work force so they have low health-care liabilities. Because the work force is young, there are no pension payments, and there won't be for many years. And, third and most important, they started with a clean sheet in terms of labor relations.»
Author: John Casesa
«Even though the U.S. economy's pretty healthy, there's not much growth in demand. Everybody who needs a car has already bought one.»
Author: John Casesa
«GM historically has derived almost a third of its earnings from the European business. It didn't do that in this quarter.»
Author: John Casesa
«Last year was a terrifically strong month, so it was a difficult comparison. Secondly, a lot of the pent up demand, created by the recession, has been satisfied at this point in the economy's expansion.»
Author: John Casesa
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