20 Quotes by Scott Sprinzen
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- Author Scott Sprinzen
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Given the current environment with gasoline prices, the fact that GM's major actions are so heavily weighted in mid- and large SUVs, that seems problematic,
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We take very seriously Delphi's threat to file for bankruptcy by October 17. If Delphi files for bankruptcy, we couldn't rule out a ratings change (for GM).
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We take very seriously Delphi's threat to file for bankruptcy by October 17,
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Under certain circumstances, G.M.A.C. could act to curtail its funding support of G.M.'s marketing operations, precipitating potential problems for G.M..
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Market share for these two companies has eroded significantly, and sales of their most profitable products have plummeted.
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We haven't factored anything into the rating (but) it's worth monitoring closely. It's a big unknown.
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We believe soaring gasoline prices after Hurricanes Katrina and Rita are leading to an accelerating decline in demand for S.U.V.'s, ... disproportionate reliance on S.U.V.-related earnings.
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We expect Ford to eventually reach an agreement with the United Auto Workers union similar to that announced by General Motors Corp. that could result in a substantial reduction of Ford's burdensome health care costs in the long term.
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We are still nervous about our ratings, even at the reduced levels.
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