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.
These are things they've got to do, but there's a lot more. They've got too many models, too many people and too many plants for the amount of business they're doing now.
The business does not deserve a huge premium. It's a cyclical business, earnings are erratic.
It might be a slight negative to the auto business if it distracts them from their plans. He's trying to stir up the pot to make more money for Kerkorian.
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.