let's look at it with martin richenhagen and hear more about the quarter and the outlook. "mad money." >> thank you. a pleasure talking to you today. >> martin did it happen? you told us that there would be a trough, that you would buy stock into the trough. and now the stock is soaring. is this the scenario playing out that you describe to us? >> pretty much so. so that means the markets didn't help us. they were even more down than we were assuming. but we did our homework. we started early and we performed about as you mentioned. guidance and also consensus. we can do a little boater we think -- better for the reminder of the year because of the tech rate, we could manage it down a little bit. >> you said production decline in 2015 is front loaded. you are -- are you being optimistic about this second half or are you taking out so many costs that you just kind of -- you're fine if things stabilize? >> i think i'm more realistic. so i think in many markets, far more do better than expected. like in brazil, which is a big market for us. we have plenty of factories and 50%