57 ordspråk av Kevin Tynan

Kevin Tynan

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It's too soon to say that (GM turned the corner). There are certainly potholes still out there to negotiate.

That could really short circuit the cost benefits GM expects in the second half of the year.

GM today is in worse shape than Nissan was when Carlos took over. It's just a much bigger company with a much bigger problem in a much worse situation.

If there is a continued dip in US market share, board members will have to say enough is enough,

Under the value pricing system, on average, the sticker prices are down a couple hundred bucks. To be effective, value pricing has to be four times that, and incentives required to sell vehicles must be removed.

If GM does file for a bankruptcy, he would be the one to take them into the Chapter 11 filing,

GM needs much larger concessions than this to have a material impact. The kind of cuts that GM needs are cuts that the union would simply not agree to. And GM needs to face that at some point, just like Delphi is facing it now.

The move to value pricing offered (price) declines that just weren't great enough to attract buyers,

There is still a lot of work to do beyond the Ford agreement. The scale of restructuring in the industry is just enormous. It is going to take time, take some aggressive actions, and it is going to be expensive.

The deal is a move in the right direction, but no one thinks this is the end to their problems. The laundry list of the things that GM needs to do to fix itself is about a dozen items long, and this deal was a small item on that list.

Everybody has pretty much priced in the reality of a rate increase. [Activity] now is based on fundamentals of the companies and sectors, as opposed to the prospect of the Fed stepping in to raise rates.

I think they kind of hit it at the right time with that sedan.

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