Kevin Tynan Quotes (30 Quotes)

There is still a lot of work to do beyond the Ford agreement. The scale of restructuring in the industry is just enormous. It is going to take time, take some aggressive actions, and it is going to be expensive.

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.

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.

This is going to be a difficult year, probably worse than 2005.

It's a scary time. I sort of cringe when I see that 10-move-in-a-day reaction, especially from the upside. I think this industry, from top to bottom, is in trouble. With the Big Three manufacturers in the state they're in, it certainly bleeds down to suppliers. The entire foundation is so weak now.

The numbers are much worse than I thought they would be, especially given how Ford beat the estimates earlier this week.

What you're getting now with the stock where it is trading, there is a lot of news-event volatility, you get people betting on the next move... they're basically just trading on the momentum being generated by the news.

I think they kind of hit it at the right time with that sedan.

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.

I would have to believe at this point that bidders who are serious players, to the extent they've already done their due diligence, this is not a surprise. What it could do is tip the balance more to the buyer, give them a little more leverage on the price.

Some analysts said that knowing earnings were dismal, GM had to take some sort of action. Things like today are great it's better than not being able to announce anything, ... But I certainly don't think it's anywhere near the scope or the magnitude of what this company needs.

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.

Obviously, that doesn't endear Delphi to the union.

If you look at the trailing four quarters, as bad as those numbers were, they were unsustainable. Unless the company was sitting on its hands and did nothing, they couldn't remain that negative for very long.

The quarter as a snapshot is certainly a move in the right direction. But that being said, it didn't convince me of anything.

The sequential decline in GMAC's income reflects the increase in their borrowing costs following the credit downgrades.

The consensus number in this case is very hard to use as a barometer. The estimates were all over the place.

His motivation was to unlock that equity in GMAC. Rumor has it that it's not going well.

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.

This is a company and an industry that has a lot of bigger issues to deal with.

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.

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.

But despite the pressure, I can't think of anyone who would be better than him to do this job. The issues facing the company are so long in the making. They are just rising on his watch, but they weren't created by him.

Is this another blow to management I would say yes. But you can't say management was on very steady ground in the eyes of investors.

That could really short circuit the cost benefits GM expects in the second half of the year.

This is not a company you would buy for its fundamental attributes or its operational strengths.

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.

GM's new products are just not getting the job done and the company is losing market share, ... It's really a combination of three things going on. There's lower sales mixed with falling prices and higher input costs.

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.

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.