Himanshu Patel Expect Quotations

We expect GM to take notable share from Ford in the full-size pickup segment in 2006 and, particularly, in 2007.

We are expecting PSA to beat their forecasts and to reaffirm fairly upbeat guidance for 2003. Their key markets of Britain and France are holding up well and their market share is reasonably healthy.

We're expecting both of them to do well. The French carmakers are safer than the Germans, partly because they have limited U.S. exposure and partly thanks to a fairly robust home market.