Exhibit 99.2

                            TECUMSEH PRODUCTS COMPANY

                          SPEECH OF JAMES S. NICHOLSON

                                 APRIL 11, 2007

                                 11:00 AM (EDT)

Thank you, Leanna. Good morning everyone. Welcome to our belated fourth quarter
2006 conference call. This call is being simultaneously broadcast on the
Internet and will also be archived for replay starting this afternoon. The
replay can be accessed at our Web site www.tecumseh.com.

Consistent with my normal protocol, I will start our conversation this morning
with some brief comments expanding on our year-end press release, as well as
some commentary on our various 8-K filings subsequent to year's end. Following
my comments, we will open the call for your questions.

I would remind you that my prepared comments this morning, and the answers to
your questions, contain forward-looking statements within the meaning of the
securities laws. I refer you to the cautionary statements contained in our press
release concerning significant risks and uncertainties involved with
forward-looking statements that could cause actual results to differ materially
from projected results.

Well, it has been another action-packed quarter; chock full of various
activities which, among other things, resulted in a delayed filing of our 10-K.
Governance disputes, and the need for further amendments to our lending
arrangements, due to an unfavorable judicial outcome involving our engine
facility in Brazil, were the primary cause of the delay. I plan to touch on both
of these subjects in my commentary this morning, but most importantly, we are
pleased to have resolution of these issues so that we can re-focus our attention
on meeting the needs of our customers and on improving our financial results.
The situation in Brazil was fast-moving and we did not have an opportunity to
keep the markets updated on a real time basis. I thank those investors that
stuck with us and we certainly hope that as we execute our performance
improvement and debt reduction plans their perseverance will be rewarded.

So let us begin with our more customary topic first, that being our fourth
quarter financial results. Reported results for the fourth quarter 2006 amounted
to a net loss of $63.8 million, or $3.45 per share, compared to a net loss of
$51.8 million, or $2.81 per share, in the fourth quarter of 2005. The fourth
quarter 2005 results have been restated from their previous presentation due to
an error in inter-period tax allocation. As a result, the restated fourth
quarter 2005 net loss was $3.9 million better than the previously reported net
loss of $55.8 million. However, please note that there was no change to our
full-year reported results for 2005.

Despite many of our profit improvement efforts, 2006 bottom line results
declined by $11.9 million. Higher interest costs, higher restructuring charges
and costs associated with third quarter amendments to our domestic credit
agreements more than offset operational improvements. Please note that the loss
from discontinued operations in the fourth quarter relates to intricacies of
intra-period and inter-period tax allocation. The recognition of higher tax
expense in the fourth quarter relates to the second-quarter sale of Little Giant
Pump Company and is offset by the recognition of a corresponding tax benefit in
continued operations.


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With respect to operating profit, improvements in productivity and purchasing
costs and reductions in fixed costs associated with plant closures contributed
about $22 million to fourth quarter results. However, less favorable currency
values, impairments, restructuring charges and other items, and commodity cost
increases in excess of price increases were offsets to these improvements.

In a moment I will detail these factors by segment, but generally speaking,
these factors contributed to improved operating results in the Compressor and
Engine businesses and to lower operating results in the Electrical Components
business. The higher interest expense reflects the higher average borrowing
costs of our current debt arrangements versus those in effect last year, as well
as the write-off of previously deferred debt origination costs.

With respect to taxes, both the current year and the previous year's fourth
quarter total provisions; by that, I mean amounts recorded in continued and
discontinued operations, are primarily the result of a small amount of foreign
tax expense. Given that valuation allowances have been established against
substantially all of the company's deferred tax assets, it is a reasonable
expectation that the company will have little tax expense in the upcoming
quarters.

Consolidated sales for the quarter amounted to $437.3 million, up 4.7% from last
year's fourth quarter sales of $417.8 million. The effects of foreign currency
translation increased sales by $11.7 million. Net of this effect from foreign
currency translation, sales increased by 1.9%. Sales increases in the Compressor
Group were partially offset by lower sales in the Engine and Power Train
segment.

With this as an overview, I will now address our respective business segments in
more detail, starting with the Compressor segment. Excluding the effects of
foreign currency translation of $10.7 million, sales increased by $32.7 million,
or a substantial 16.1%, for the quarter. Higher selling prices were a primary
driver for the increase, as well as a 15% increase in unit volumes in the
refrigeration and freezer product lines, where primarily in India, we are
experiencing excellent growth trends.

Compressor segment operating results amounted to a loss of $0.8 million in the
quarter versus operating loss of $4.8 million a year ago. For the fourth quarter
of 2006, currency fluctuations continued their unfavorable impact, as the
Brazilian Real was on average 4.1% stronger against the U.S. dollar in 2006
versus 2005. Including the effects of hedging activities, we estimate that the
changes in foreign exchange rates decreased operating income by $3.5 million,
compared to the same quarter in 2005. On the positive side, due to a moderation
of copper prices in the fourth quarter and selling price increases initiated
earlier in the year, product margins improved by $3.2 million versus 2005.
Finally, a favorable court ruling in Brazil allowed us to reverse $6.6 million
in non-income-based taxes that we had previously accrued on our balance sheet.

We expect results for the full year 2007 in the Compressor Group to improve
versus 2006, but we are somewhat guarded. While price increases and cost
reduction activities have helped to restore lost margin suffered in 2006, due to
commodity cost increases, the value of the Brazilian Real continues to
strengthen against the Dollar, and represents a continued headwind now that
copper has been more effectively hedged for 2007.

Moving to the Electrical Components Group for the quarter. The group reported
sales of $104.6 million, a $0.4 million increase over last year. The warm winter
adversely affected HVAC sales in the quarter, as demonstrated by a 3.7% decline
in sales dollars versus 2005. The decline was offset by a 10% increase in sales
into the automotive market segment.


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Electrical Components operating results for the quarter was a loss of $7.4
million compared to a profit of $3.5 million a year ago. This quarter's results
were consistent with the previous quarter in that higher cost of copper of $3.0
million and production inefficiencies of $7.4 million associated with our
Juarez, Mexico facility were the primary drag on earnings. While the Electrical
Components Group has also implemented price increases to combat higher input
costs, the business segment historically takes longer to recoup commodity cost
increases than does our compressor business.

Looking at 2007 for the Electrical Components business, we expect results will
also improve based upon further price increases implemented at the beginning of
the year, and the correction of the product inefficiencies experienced in 2006.
However, we expect the slowing of the HVAC business to continue through the
first half of the year; therefore, the majority of the improvement will occur in
the latter half of the year.

Now for the Engine and Power Train Group. Sales in this group were down $25
million, or 23%, compared to the prior year's fourth quarter. Sales of engines
for riding and walk-behind mowers declined by $9.6 million when compared to
2005, and sales of engines for generators were down $6.5 million versus last
year, reflecting a continued lack of significant storm activity. Sales volumes
of engines for snow throwers also declined $5.3 million when compared to the
fourth quarter of 2005, reflecting a shift by our customers to more aggressive
inventory management policies and their expectation of a lack of significant
snowfall in most geographic areas. Loss of sales into the European market from
our former Italian subsidiary also accounted for $5.2 million of the
year-over-year decline.

As far as we know, all of the volume declines are representative of industry
volumes and not the result of any share losses. Despite this significant
fall-off in sales volume, the group's operating result improved by $18.6
million, or 55% in comparison to the prior year's fourth quarter. The
improvement reflected lower fixed costs associated with plant closures, other
productivity improvements, and lower fees incurred by AlixPartners, offset
somewhat from the losses in margin from reduced sales volume.

During the quarter, the group also recognized impairment charges of $15.8
million resulting from the idling of excess capacity under our overall
restructuring plan, including the impending closure, as previously announced, of
the New Holstein, Wisconsin facility. In addition to the impairment charges
recognized in the "Impairments" line, the company also impaired inventory
totaling $7.6 million, related to these actions. This amount is recorded in cost
of sales.

While the ultimate outcome and full impact of the judicial restructuring process
at TMT Motoco in Brazil have not yet been determined, we continue to believe
that the Engine Group will experience further improvement in results for the
full year 2007. Whether the Engine operations end up in the black will largely
depend on volumes for products that are weather-dependent, such as snow throwers
and generators, and the ultimate resolution of our restructuring plan for the
Brazilian facility.

Having covered the basic results of the groups, I would like to take a moment to
address other developments that have occurred since we last had a chance to
speak. Let's start with our governance issues.

Both our press releases and other media coverage have chronicled the recent
events. In order to obtain the necessary amendments to our credit agreements, it
was incumbent on the respective parties to reach a resolution that was
acceptable to all parties, including our lenders. We believe we reached such a
resolution. Among other provisions, the agreement will maintain the continuity
of our restructuring


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leadership while providing all constituencies representation as we endeavor to
bring the company back to profitability and to put it on a more solid financial
footing.

In that regard, the company is well along in its effort to identify and hire a
new Chief Executive Officer, and is working to meet a target deadline in the
amended debt agreement of May 1, 2007.

With respect to our debt agreements, I don't intend to go over the details here,
as I believe they are well documented in our various filings. I will comment,
however, that we acknowledge that these amendments did come at a high cost
because we did not have immediate alternatives due to the unexpected outcome of
our legal proceedings in Brazil. As you may recall from our last call, this was
not the outcome we had expected, because at that time negotiations were
continuing with the one remaining dissident lender and we had a high degree of
confidence in our legal position. But as we all know, the results of legal
disputes are not absolutely predictable, given the subjective nature of judges'
individual opinions.

While we have remedied our lending arrangements in the U.S., there is still work
to do in Brazil. With respect to the Engine operation, we need to formulate a
restructuring plan within 60 days from the date the request for judicial
restructuring was filed, and that plan needs to be acceptable to this
operation's lenders.

In addition, during the recent period of uncertainty here in the United States,
Tecumseh do Brasil's lenders have also restricted previously provided credit
terms. We need to re-establish our credit lines at that operation and are
optimistic that the solutions reached here in the United States will have a
positive effect in that regard. While we are currently exploring all of our
options, and while we believe we have good relationships with the majority of
our Brazilian lenders, there can be no assurance as to the outcome of the
discussions currently under way.

As reported last quarter, we are simultaneously evaluating certain of our assets
for potential disposition. Included in this evaluation are factors such as
whether the operations fit with the company's core operations, whether the
company can sustain a competitive advantage and whether the assets would
generate more value in a sale versus being internally managed. The purpose of
these efforts is to evaluate alternatives for reducing overall debt levels and
the Company has not reached any conclusions with respect to specific asset
dispositions at this time.

Also along these lines, the Company has announced plans to restructure its
pension plan for salaried employees in the United States which is highly
over-funded. Once completed, the Company would expect to realize proceeds for
debt reduction of $55 million.

In conclusion, we remain highly committed to executing the plans that will yield
improved results and enhance the overall liquidity of the Company. These plans
are being executed and are producing favorable results. However, our overall
success may also depend on conditions that are not totally within the company's
control, such as the cost of commodities, foreign currency exchange rates, and
weather. They will also depend on the continued support of our lenders in the
United States and Brazil. While we are taking steps to address these factors in
the near term, there is no assurance as to their longer term effects.


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