When they make their contracts, the auto suppliers now assume that auto companies will pay less each year.

He [Ward] focused on the high-end of the market and neglected the low-end shares.

I'm wondering if this is the bulk of the bad news and is it past us? I was looking for something like this, but not quite this bad.

This is more of a final nail in the coffin of the company's past accounting practices. Investors are looking at the company going forward rather than past. They have been doing a lot of things right lately.

Signs in the marketplace are showing it is not having the punch that it once had.

If they don't get their sales up, it's not going to be enough. There is going to be ongoing restructuring.

His experience and credibility with the Street is not easily replaced.

There are not so many people that can actually qualify for zero-percent financing, ... But the incentives get them into the dealership, where they might get something else.

It's time for automakers to tighten their belts and look for areas of inefficiencies and redundancies. They need to review what discretionary items can be eliminated.