51 Quotes by Kevin Tynan
- Author Kevin Tynan
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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.
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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.
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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.
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With Ford and GM's dependence on trucks, and a lack of significant meaningful products on the sedan side, they will continue to struggle.
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Even though it is not completely Wagoner's fault, you just have to shake things up.
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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.
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The sequential decline in GMAC's income reflects the increase in their borrowing costs following the credit downgrades.
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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.
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The move to value pricing offered (price) declines that just weren't great enough to attract buyers,
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