Kevin Tynan
Kevin Tynan
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.
crucial lose talking time
This is a crucial time for GM. They need to get everyone talking because they are the ones that really have the most to lose with a strike.
attributes buy company
This is not a company you would buy for its fundamental attributes or its operational strengths.
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.
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.
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.
china growing growth large losses market north
China is a growing market, an important market for them. But growth there is not enough to make up for the large losses in North America.
couple four hundred incentives prices pricing required sell sticker value vehicles
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.