“Its definitely a broadening of the wholesale market, and thats a positive because that market is a relatively new market in the last few years. Its been an important market since their downgrade.”
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“We have a negative outlook on the company. We dont think anything will happen in 2006 to cause the rating to go up.”
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“Theyre continuing to make progress. So far were not predicting a deal wont get done.”
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“The progress is such that we can have a provisional separation.”
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“We always want to have the right rating on a company. Theres nothing magical about the timing.”
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“At a minimum, we do not see any dramatic reversals for North American automakers.”
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“Our primary concern remains GMs ability to turn around the performance of its North American automotive operations.”
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“We see few reasons to be optimistic about 2006.”
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“In the next 18 months -- leading up to crucial labor negotiations -- both companies must demonstrate progress in turning around their North American operations to significantly reverse recent negative financial trends.”
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“Time is short to remedy these issues. The next 18 months is very important. Its vital both companies demonstrate progress in turning around their North American operations.”
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