More on Einhorn/General Motors: Negativity on GM has far outlived an improving reality, says...

|About: General Motors Company (GM)|By:, SA News Editor

More on Einhorn/General Motors: Negativity on GM has far outlived an improving reality, says Einhorn, who believes the company can earn $6/share in 2014 - a mid-cycle number that deserves a decent multiple. He concedes the Volt is "unsuccessful," but says it's a "teeny-tiny" part of the business. As for European operations, there are more losses ahead, but break-even could come in 3 years.