Rob Hinchliffe
Rob Hinchliffe
bill contacts continue early footing gm industry likely media reports resolved signal situation wage
Media reports and industry contacts continue to signal that the Delphi situation is likely to be resolved peacefully, with GM footing the bill for early retirements and wage subsidies.
additional cash clearly earnings expense financial gm potential sale though
The cash infusion stemming from a potential GMAC sale would give GM additional financial flexibility, though clearly at the expense of earnings power.
challenges numerous positive results tone
While numerous challenges remain, results set a positive tone for today's restructuring announcement.
meaning plan terribly
The plan is essentially as expected, meaning not terribly aggressive.