Kevin Tynan
Kevin Tynan
behind cars ford gm
It's like the GM and Ford locomotive has stopped, but all the cars behind it, all the way back to the caboose, are still moving, and it's piling up like an accordion.
deal direction dozen fix gm items itself laundry list move needs small thinks
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.
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.
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.
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.
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.
chapter file gm
If GM does file for a bankruptcy, he would be the one to take them into the Chapter 11 filing,
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.
bit capital gains harvest last looking losses offset selling stock tax today tomorrow trading
We have today and tomorrow as the last trading sessions of the year. With the stock being down so far, you would be looking at a little bit of tax selling to harvest those capital losses to offset gains in other areas.
continue dependence ford lack meaningful products
With Ford and GM's dependence on trucks, and a lack of significant meaningful products on the sedan side, they will continue to struggle.
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.
shake though
Even though it is not completely Wagoner's fault, you just have to shake things up.
chain might needs relationship supply weak
The supply chain is so weak right now that it can't go on this way. That relationship needs to change, but it might be too late.
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.