Carlos Gomes Three Quotations

Once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005.

In recent months, both General Motors and Ford have announced plans to close numerous facilities, eliminating roughly 2.4 million units of North American capacity through 2008. We estimate that once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005.