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Letter "J" » John Casesa Quotes
«Several factors should prevent an outright decline, as spending per unit will likely remain strong.»
«Ford and GM are now in a race to shrink.»
«The UAW doesn't want to solve GM's cost problem if management can't solve its revenue problem,»
«If consumers' desire for large SUVs does not snap back, GM will be launching its new full size SUVs into an unwelcoming market,»
«While price-cutting has sustained the [sales rate] at the expense of margins, eventually either the [automakers'] capacity to support the market will diminish, and/or consumer demand will contract on its own as it has in other cycles,»
«While price-cutting has sustained the [sales rate] at the expense of margins, eventually either the [automakers'] capacity to support the market will diminish, and/or consumer demand will contract on its own, as it has in other cycles,»
«These results are reminiscent of Ford's late 1990's performance -- driving earnings improvement with a richer truck mix, ... GM remains market-share driven and its North American pricing fell 1.0 percent. Fortunately, it was able to increase its mix of light trucks and decrease its fleet sales, offsetting partially the negative impact of lower prices.»
«We expect the truck mix to gradually improve through the remainder of the year, but fleet sales will likely recover, offsetting some of the mix benefits,»
«We were surprised that GM said that it does not plan to reduce permanently assembly capacity in North America to reflect the Olds phase-out, ... GM's restructuring, especially its discontinuance of the Olds brand, is undeniably a step in the right direction. However, the costs of these actions are much more visible than their ongoing benefits right now.? We anxiously await follow-up actions.»
«The massive cuts reflect high inventory levels, falling new vehicle sales and a shift in automaker tactics from price cuts to production cuts,»