David Healy Less Quotations

Hertz has become kind of a noncore operation for them, a much less important outlet.

Hertz has become less and less important as an outlet for Ford cars as Ford has pared back sales to Hertz and other daily rental companies. It's really a noncore business right now.

Truck-based models cost less for U.S. car markers to produce because they already have all the parts developed for their truck business. These truck-based SUVs have been the most profitable segment for Detroit in recent years, so developing new car-based models will eat into margins.

It's a moderate plus to their finances. Hertz has become kind of a noncore operation for them, a much less important outlet.

It's one of the reasons why GM will lose less money in 2006.

It's more trouble for the suppliers. Partly, it's a reflection of the fact that Ford and GM are shrinking to reckon with lower market share. And so there's less business to go around for the suppliers.