While we are not bullish on the outlook for GM's auto business, we believe the worse it gets, the sooner Hughes will be divested.

While we are not bullish on the outlook for GM's auto business, we believe the worse it gets, the sooner Hughes will be divested,

They represent a big bet and are their bread-and-butter vehicles.

Maybe not a lot, but whatever the savings it will help the bottom line.

I think people are adjusting mentally to higher fuel prices.

Even though they'll be value priced, they'll still carry hefty profit margins. They'll have better fuel economy and should do well. The market will be smaller, but it's still a big market.