Stephen Cheetham Quotations

Overall, the figures look OK, but if you dig down deeper you see that European sales performance has been very weak, and that all the growth is coming from emerging markets.

It doesn't solve Fiat's main problem of having too many costs in Italy,

This strikes us as a lot of cash up front for a highly uncertain benefit: even were such a deal to happen, it would be unlikely to threaten existing joint ventures,

The reality of Detroit is that Wagoner is getting his last chance. Henderson has a bright future if he manages to turn around Europe.

The reality of Detroit is that Wagoner is getting his last chance, ... Henderson has a bright future if he manages to turn around Europe.

We see a very strong cash generation, a very strong top line, and are starting to see a stronger bottom line now as well.

The stock is down because the guidance statement at the press conference was a little on the vague side. In valuation terms it's really tough to get excited about DaimlerChrysler at 50 euros.

The Smart plant in France is more a liability than an asset. It's clearly the wrong place to be making that car.

It's the end of an episode and is putting their relationship on a new basis.

It's a logical tidying up of their portfolio. With 2 billion euros worth of restructuring costs for Mercedes and Smart this year, it makes perfect sense.

Smaller SUV's are a very strong growth segment. There's no doubt in my mind that this is a good product.

This is all the trend that says, actually folks, with a western Europe cost base you can't make money in this segment, so it is entirely logical.

The figures look fine, they're slightly ahead of our expectations.