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Himanshu Patel Quotes
«Beyond guidance for favorable structural cost performance in 2006, and details on material cost savings goals, no specific guidance on the extent or cadence of structural cost savings was given. In addition, the company offered only limited details on the timing of plant actions.»
Author: Himanshu Patel
«We expect GM to take notable share from Ford in the full-size pickup segment in 2006 and, particularly, in 2007.»
Author: Himanshu Patel
«While none of these issues are enough to change our thesis on GM, they do raise our concerns on the company's internal accounting controls.»
Author: Himanshu Patel
«We still see more downside than upside risk to 2007 consensus earnings.»
Author: Himanshu Patel
«Although such a move has been rumored for some time, we believe the speed of Dana's demise will nonetheless further dampen sentiment toward the sector.»
Author: Himanshu Patel
«We see a $2 billion cash injection as meaningful, even in light of GM's robust corporate liquidity. This sale was largely unanticipated by the market.»
Author: Himanshu Patel
«We see a $US2 billion cash injection as meaningful, even in light of GM's robust corporate liquidity. This sale was largely unanticipated by the market.»
Author: Himanshu Patel
«The market is likely to be reassured that management is now putting firmer parameters around 2006 performance.»
Author: Himanshu Patel
«The long-term outlook, particularly given end-market strength in the controls business, remains robust.»
Author: Himanshu Patel
«We estimate production at the affected plants is around 1 million units annually, indicating around 4,300 units of lost production for every day these plants remain down.»
Author: Himanshu Patel