51 Quotes by Kevin Tynan
- Author Kevin Tynan
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Whether longer term that actually makes a difference, I have questions about that.
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- Author Kevin Tynan
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With them losing market share the way they have been, they are most certainly going to lose more, so this just will not be enough.
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Obviously, that doesn't endear Delphi to the union.
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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.
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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.
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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.
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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.
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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.
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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.
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