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

Oct. 02, 2012 11:40 AM ETGeneral Motors Company (GM) StockGMBy: Stephen Alpher, SA News Editor3 Comments
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.

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