HomeyDDogg

Has GM Changed Its Tune Yet?

Judy,
I second BilldDrummer. You are doing a great job with your coverage. It's so fresh to read analysis from a thoughtful person without an agenda. SeekingAlpha and we readers are lucky to have you.

As for the article, I also agree with Bill. I actually read the entire conference call transcript and also found the GM reps to be annoying. All this talk of run rates, and retail vs. fleet, and unit volumes. Why no mention of incentives, aka discounting? Won't those ultimately have a huge effect on the revenue reported? These GM sales guys love to trumpet their increased unit sales, but there is absolutely NO mention of the costs incurred to move those units.
Personally, I find this presentation to be disingenuous. The conference call is little more than PR spin, IMHO.

Keep up the great work.
----another grateful reader