Sean McAlinden
Sean McAlinden
cut eyes finally happened joined necessary percent union york
Clearly, the dividend cut was overdue. It's interesting that it only finally happened when (Jerome) York joined the board. The 50 percent dividend cut in the eyes of the union is a necessary action, it had to happen.
becomes boats growth lift market price rising sales tides
Where there's not sales growth in the market at all everything is market share, everything is price and it becomes particularly vicious. There's no rising tides to lift any boats in this market.
firing gm people putting remember street
I don't remember GM ever doing anything like this before, not firing people and putting them out on the street with a box. They were called 'Mother GM' for a reason.
chunk enter gm good situation
GM may have to enter this situation and take a good chunk of Delphi back.
entire force happened labor turning
Turning over an entire labor force has never happened on this scale.
anyone everybody fence game rubber start talks tough union walk
The union talks a tough game, but I don't think they're going to let anyone walk out. Everybody is in the same lifeboat. They're not going to start to fence with each other in a rubber lifeboat.
accord best built honda picture scariest town toyota value
The scariest picture in town is the Hyundai Sonata. It's the best value in the automotive market. It has everything that a Honda Accord and a Toyota Camry has, and it's built in Alabama.
closed gap
They've closed the productivity gap wonderfully, but they had to do so, because it's the thing they could address.
burst gm gypsy michigan move next people retire three
There will be another burst of gypsy moves. GM will have to move another 20,000 to 30,000 in the next two to three years. You're really going to have to get a lot of these people to retire or move back to Michigan and Ohio.
america beginning industrial marks
This marks the end of 20th-century industrial America and maybe, finally, the beginning of 21st-century industrial America.
faster gm past shape
They're liquidating, they firing, they're retiring. This is a GM that's getting in shape much faster than it's ever before, in any past restructuring.
business embracing ensure extending labor michigan practices remains step
This is an important first step in extending collaborative business practices and embracing globalization to ensure Michigan remains competitive in automotive technologies and labor education.
brings developing heck natural
So this brings up the natural question: Where the heck is the business? It's really not developing here.
accelerate ford gets hundred last left michigan people state thousand wake
As Ford gets smaller, Michigan will get smaller. One hundred thousand people left the state in the last two years, and this will accelerate in the wake of Monday's announcement.