Art Lester Quotes

The private entrepreneur who is the heart of our system today will continue in the future. I don`t think that`s going to change. But there is obviously going to be a major change in a number of the parts of distribution.

We`ll probably continue to lose money, primarily because the industry is going to be weaker this year than last year, ... We don`t think the economy has bottomed out yet.

The cost reductions we`ve looked at are very tough to achieve. We`re not doing it by cutting and slashing the business. We`re growing it, doing the right things strategically and we`re still getting the cost out.

It`s nice to be above expectations, but we`re certainly not pleased with the overall results. They`re not acceptable results in our view. We have a lot more to do.

frankly for me, flat is pretty good.

It`s a good quarter. Good progress. We`re not at a level yet in the automotive business that we`re pleased with, so we have a lot of work to do. But we had another record quarter in financial services and a record year.

Certainly the first quarter was better than anybody expected, but we`re still looking for a very good year, ... The consumer is king right now and we`re going to take advantage of that.

This is our 11th quarter of year-to-year improvement in our earnings. For the auto business, that`s a pretty good track record.

Probably by the end of the year, you`ll see a charge. We are working on the program. It will happen.

In South America we`re going in the wrong direction,