55 Quotes by John Casesa
- Author John Casesa
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The auto companies have closed this excess capacity, are now making better product and simply don't have a lot of extra cars they can offer at low prices to this distribution channel. People like Henry Silverman or Wayne Huizenga will make those businesses more rationally structured.
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It's an example of the best GM can do. The car costs less money to make than the old one. It's faster, handles better, has far better quality and is much more user friendly.
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They just want to make sure that people don't rule GM out. But the probability of finding exactly what they want is probably pretty slim.
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In short, while the negative press will likely hold back the stock near-term, we don't think it will have a lasting impact, and in our view, Ford remains relatively attractive,
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If Ford makes Volvo work, it has the potential to break out of the pack of second-tier automakers,
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If consumers' desire for large SUVs does not snap back, GM will be launching its new full size SUVs into an unwelcoming market.
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For the next year, year and a half I expect Ford to lose market share. It doesn't have many levers to pull. Its product pipeline is relatively dry and GM is being very aggressive.
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The UAW doesn't want to solve GM's cost problem if management can't solve its revenue problem,
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The massive cuts reflect high inventory levels, falling new vehicle sales and a shift in automaker tactics from price cuts to production cuts,
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