Ronald Tadross Gm Quotations

I think they're going to be struggling. Even with 15.9 (million vehicle sales) GM can only make a little money. Ford can't make that and Chrysler probably can't.

It is cost prohibitive for GM to fix its $3,500 margin disadvantage versus Toyota and other Japan-based manufacturers. Meanwhile, hidden liabilities continue to exceed hidden assets.

The bottom line here is that GM and Ford have no margin today and we still see their products overpriced by $1,500 per unit.

There were several challenges for Delphi stock. Labor was one. The need to diversify their customer base away from GM is the big one now.

It is our view that bankruptcy protection for GM is increasingly looking like a reasonable way to properly address the company's retirement liabilities and job securities benefits.