Ford has been very patient and done quite well. It's turned around the manufacturing base and quality. There are very satisfied Jaguar buyers out there, there just aren't that many of them. Ford has tackled elements of profitability, that will help, and merged backroom stuff with Land Rover.

The S-Type is the make-or-break product when it's unveiled late next year.

Think of BMW at an early stage of development in the 1970s and 1980s, when it was playing catch up with Mercedes.

The mission of the entire Manufacturing team is to build quality Chrysler, Jeep(R) and Dodge vehicles safely and efficiently. Each of these executives has demonstrated the experience and expertise needed to help us do that and I congratulate them on their new appointments.

What that means is you either have to invest in your own manufacturing, which can be an expensive proposition, particularly if you're not already a low-cost producer, or what you can start to do is think of using somebody else's flexibility or agility in manufacturing.

Jim brings to the position many years of manufacturing experience and a hands-on approach to quality manufacturing and customer satisfaction. Our vertical approach to design and building world-class semiconductor equipment relies on quality design and efficient manufacturing. Over the years, Jim has proven his ability to lead our manufacturing organization to new levels of excellence.