Our key takeaway from Toyota and Nissan presentations is that there may be more risk to our GM and Ford market share assumptions than previously thought.
More Quotes from Rod Lache:
Achieving significant cost reduction will be difficult, as we believe that GM's relationship with UAW leaders could become increasingly contentious as GM's North American business experiences further deterioration.Rod Lache
The Firestone name is horribly damaged and it's definitely not clear they can survive the damage.
Rod Lache
This is no big surprise. It's been rumored for some time. As far as share price, I think it depends on who they put in there. Right now there's a vacuum. If they put someone in who is shareholder-oriented, it should help.
Rod Lache
No matter what it looks like, reaching a deal will involve some cost to GM, ... But on the positive side, we believe that GM will likely avoid a potentially devastating shutdown of its North American operations.
Rod Lache
Korea is the sixth largest car market in the world, and companies need the distribution network that Daewoo has. It also is a good platform with its low cost small car to move into China. It might not be the hottest one at the dance, but it's the only single one.
Rod Lache
This result underscores our concern about GM's earnings concentration, which may be even more acute than we have estimated.
Rod Lache
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