This is a phenomenal decision. The regulatory environment has been the number one uncertainty for the investment community. This long-term program provides the certainty we have been sorely lacking.

It won't be good for foreign investment not now. The political uncertainty is too great.

It won't be good for foreign investment. The political uncertainty is too great.

The operating environment for automotive supply companies remains as challenging as ever with a lot of uncertainty in the North American markets. Our formula for success remains unchanged. We will continue focusing on those areas within our control, executing with discipline on the fundamentals and maintaining a relentless focus on controlling costs. We should also continue to benefit from our balance and diversification in terms of products, markets served and our customer base as well as from a strong new product and technology pipeline designed to help Tenneco win incremental OE and aftermarket business.

If we see uncertainty easing, we expect investment to come back. It would be a boost to the economy.

We have concerns that the cone of uncertainty has moved north but we want the community to understand we're still under the evacuation order.