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GLG News by Tire Experts: Automotive Industry Consultants

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September 5, 2008
August Auto Sales Were Awful----But At Least It Wasn't July
Analysis of: Auto Sales Tumble, But Industry Sees Signs of Hope | online.wsj.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
The summer of 2008 with its monthly dose of double-digit sales declines is over. But will autumn be any better? Maybe.
September 3, 2008
Let The Detroit Three Bail Themselves Out---They Created The Mess The're In
Analysis of: Carmakers Deserve Loan Guarantees, G.M. Official Says | www.nytimes.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Even with strings attached, any help the Federal Government gives to the Detroit Three, will usher in the most demanding, meddlesome period of U.S. federal involvement in the affairs of Detroit's automotive community in its history 
September 2, 2008
If Toyota's Hurting, You Know It's A Bad Year For Auto Sales
Analysis of: Toyota Pulls Back on Sales Goal | online.wsj.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Toyota Motor Corp. sees North American sales coming in at 2.70 million units in 2008 and languishing at the same level in 2009. By contrast, the Toyota group sold 2.83 million units in North America last year.
September 1, 2008
Turns Out GM's Employee Discount Isn't For "Everyone" As The Ads Say
Analysis of: GM Sues to Recoup $450K in Employee Discounts | www.forbes.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
The automaker, last week in a last ditch attempt to salvage sales for the month of August, announced an "Employee Discount" for everyone, not just bona-fide employees.
September 1, 2008
How Did Nissan Achieve Their July Sales Bump? They Bought And Paid For It
Analysis of: U.S. Auto Sales on Track For Another Monthly Drop | online.wsj.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Domestic auto sales are expected to drop over 14% when August sales results are announced on Wednesday. Last month industry observers marveled that Nissan was the only one of the Big 6 automakers that showed a sales increase. How did they do it? They bought and paid for it.
August 26, 2008
Let's Take Another Look At One Of GM's Missguided Moves
Analysis of: General Motors pulls sponsorship of Oscars | www.msnbc.msn.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
How GM and Ford were ever able to raise money through bond offerings over the years remains a mystery to me. Consider some recent announcements.   August 5, 2008: "Default Risk At Ford, GM, Chrysler hits 95%; Automakers Ask for Taxpayer Handout."   August 4: "Auto Sales Dismal At All Three...
August 25, 2008
Will Hyundai's New Luxury Car Be Like The BMW 5 Series Or The VW Phaeton?
Analysis of: Hyundai Gambles On Luxury Market | online.wsj.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Automotive insiders are taking a "wait and see" attitude regarding Hyundai's attempt to market a luxury car in the U.S. Many remember the fate that befell VW's Phaeton. 
August 22, 2008
Could A Little-Known Indian-French Company Upstage Chevy Volt, Toyota Prius?
Analysis of: Volt plug-in hybrid is 'No. 1 priority,' GM says | www.msnbc.msn.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Most of the conversation about upcoming electric cars centers around the Chevy Volt and the Toyota Prius. However, a little known French-Indian company may surprise both of them.
August 22, 2008
General Motor's Plan to Sell Assets To Raise Cash May Be Easier Said Than Done
Analysis of: GM Truck Deal With Navistar Falls Through | online.wsj.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
In July, GM outlined a plan for cutting expenses and selling assets in an effort to raise cash which it is burning through rapidly.
August 15, 2008
Free Fall In Auto Sales Adds Drop In July Retail Sales
Analysis of: Retail Sales Feed a Mood Of Decline | www.forbes.com
Author: Jack Sayer, Managing Partner, Sayer Partners LLC
Retail sales in July fell 0.1%, the first overall decline in five months, with the 2.4% plunge in automobile sales the primary reason for the poor performance.

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