Kevin Tynan
Kevin Tynan
although current gm great investors next reacting saying surpass toyota
Investors are reacting to the Toyota figures. Although it shouldn't be any great surprise. ... We've been saying for a while that at the current pace, Toyota will surpass GM next year.
benefits circuit cost expects gm half second short
That could really short circuit the cost benefits GM expects in the second half of the year.
bowl figure giant gm hook obligation parties spaghetti three trying
You've got three different parties here -- GM, Delphi and the UAW -- trying to figure out what GM's obligation is, ... GM could be on the hook for a lot of those UAW workers, but it's not completely clear. It's just a giant bowl of spaghetti right now.
agree cuts face facing gm larger material needs simply union
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.
chapter file gm
If GM does file for a bankruptcy, he would be the one to take them into the Chapter 11 filing,
bigger company gm problem shape today took worse
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.
shake though
Even though it is not completely Wagoner's fault, you just have to shake things up.
avoids point
At this point I still feel they'll get something done that avoids a strike. But that said, it's still a long way to go.
bankruptcy company couple days debatable illustrate last outside whether work
The last couple of days illustrate that there is a lot of work to do at this company and it's debatable whether it's actually doable outside bankruptcy court. I don't think it is.
indication starting trend truck
I think it's more of a one-month blip than an indication that the truck trend is starting to reverse.
equity motivation rumor unlock
His motivation was to unlock that equity in GMAC. Rumor has it that it's not going well.
albeit data looking month positive shows slower toyota
I wouldn't read too much into one month of data for any automaker. What I'm looking for more is the trend. And Toyota shows the continuation of a positive trend, albeit at a slower pace.
believing came certainly hard time unaware
It kind of makes you wonder. That's his gig. That's where he came from. You have a hard time believing he's unaware of things like this, or didn't know what was going on. It's certainly disconcerting, at best.
borrowing costs credit decline following income increase reflects
The sequential decline in GMAC's income reflects the increase in their borrowing costs following the credit downgrades.