Sales of gas-inefficient large SUVs are in a state of near-collapse this month, ... It seems likely that the shift in the sales mix away from large SUVs will persist and continue to damage Detroit's profit margins in the process. -David Healy

 

Sales of gas-inefficient large SUVs are in a state of near-collapse this month, ... It seems likely that the shift in the sales mix away from large SUVs will persist and continue to damage Detroit's profit margins in the process.


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This quote is just one of 9 total David Healy quotes in our collection. David Healy is known for saying 'Sales of gas-inefficient large SUVs are in a state of near-collapse this month, ... It seems likely that the shift in the sales mix away from large SUVs will persist and continue to damage Detroit's profit margins in the process.' as well as some of the following quotes.

The domestics suffer from hardening of the arteries in their design departments and are turning out well-executed but boring cars and trucks.

David Healy

Ford would welcome the cash for liquidity purposes, to help provide for large unfunded pension liabilities and for research and development.

David Healy

It's a footnote, ... I think it's a minor help to Ford's cash position. I suppose anytime you get about a quarter of a billion dollars it's welcome, but it doesn't change the big picture.

David Healy

I don't want to say anything.

David Healy

They have liquidity and borrowing power, ... I don't think it's necessary or even wise to solve their problems by going Chapter 11, and they don't have to.

David Healy