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Jeff - how much of that is EASY comps?

I don't really know; milligram probably has an idea. I know that last October was relatively weak.

The more relevant data to me is the fact that sales are down 9% YTD, part of which is due to reduced fleet sales, and that their market share is at 24.5%.

If GM can restructure themselves into a company that is profitable with a 20% market share, they will be just fine. When (if) that will happen, is hard to say.

A few other considerations;
1) GM has UAW negotiations coming up in September 2007. A contract that acknowledges reality will go a long way to help GM.

2) Delphi has UAW negotiations coming up as well. I don't think GM really know yet how mch Delphi will cost them yet.

3) Kirk Kerkorian remains an issue. Who knows what his next move is?

- Jeff
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