They had this arrogant belief that when baby boomers turn 50, 'they belong to us,' and that just didn't happen.

It's a really tough environment. There's Japanese and Korean competition, and the Chinese are on their way.

The products are getting better in Detroit, but it takes a lot longer than a few quarters or even a few years to win over or win back people's trust.

In terms of the passenger vehicle business, I think their number will be up fairly soon. There just hasn't been any investment in the brand and the models.