The Truck division and revenues per unit.
Bodo Uebber
The Truck division and the revenues per unit is more or less also a regional mix, more or less directionally. So, the main subject is here that we have more light duty in Asia and that means of course more light duties, for example leads to lower revenue per unit in that quarter.
Frank Biller - LBBW
So, will it stay in that region of Q3 or is it decreasing further?
Bodo Uebber
Even, it might get worse a bit because we have less European business forecasted, as I said, the entire Asian business so directionally it would get lower in the fourth quarter.
Frank Biller - LBBW
Thank you.
Bodo Uebber
Thank you.
Michael Muhlbaye
Next in line is Juergen Pieper.
Juergen Pieper - Analyst
Mr. Uebber, one question I have here left. And this is concerning your cost cuts, you mentioned on one hand to these cost cuts are definitely sustainable and on the other hand you said the salary cuts, these 30 hour working week for many of the employees in Germany runs until mid-2010. So, what will happen here what do you expect here isn't it unavoidable more or less at these employees have to turn back to the normal working schemes which means a rise in cost for next year, for mid-2010 onwards?
Bodo Uebber
Of course, you know our contract. We have a timeframe until middle of 2010. It's quite clear. But when we look here on the pure economics side. So, in terms of quantum it is of course we have seven months impacting 2009. And you have six months of impacting 2010. So, I would regard this impact as even. So, if you compare 2009 to 2010 you would have the same savings numbers but a different time wise development. So, second half in the year more or less in 2009 and first half more or less in the year 2010.
We have not finalized our total discussions how to cope of course with the long-term market demand which, of course, would mean then also long-term capacity demand, comparing the capacity would be then with the current capacity. Of course, we need to discuss and we need to discuss with what kind of measures we would tackle this kind of gap which are different in different areas.
For example, in the truck area where we had a huge flexibility, of course you target this differently. Also in the effect that you have maybe a three to five-year recovery in the market than the passenger car business where you have lower flexibility, we had lower flexibility and we see maybe a recovery in two to three years timeframe and of course, you know, our measures which we have specially in Germany regarding early retirement, voluntary severance programs, further short-timing, for example, and other measures which we will discuss of course certainly for different areas, differently and that will lead then to a final also plan for the years 2010. So that discussion of course not finalized yet so we cannot comment on that further.
Juergen Pieper - Analyst |
