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Old 07-15-2008, 12:35 PM   #5 (permalink)
emh
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Re: Highlights of GM's new restructuring plan

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Originally Posted by mgescuro View Post
The price of oil is optimistic. 21% market share is also optimistic.
Yes -- this essentially assumes no change from today. Plus I'm surprised they are forcasting based on a market share estimate rather than a sales volume estimate.

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Like what?
Likely everything listed in the article other than asset sales and financing, and possibly dividend suspension. Otherwise the sum of everything listed will way exceed the $15b stated total.

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Took them long enough.
No kidding!

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Interesting. Sale of Saab? Holden?
Saab should be considered for sale. Hope it doesn't come down to Opel/Vauxhall or Holden.

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Should be delayed 1 full model cycle, with appropriate MCE's. V8 on the other hand can be purchased for Cadillac from a 3rd party.
I think an unspecified delay is fine. Based on market conditions, that could well become a full model cycle delay. No need to commit to that or say so publicly at this point.

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If union strikes cripple the industry and companies that have a greater net effect on the economy, the BREAK THE UNION.
That's not up to GM. If that is to happen, it has to come from a regulatory or political front. Neither of which will happen because of the votes involved.
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