John Casesa
John Casesa
beginning boost ford gm incentives november programs seems slow
It seems that November got off to an excruciatingly slow start, with new incentives programs from Ford and GM just now beginning to boost showroom traffic.
apart companies effect gm likely looks separate worth
It looks increasingly likely to us that GM will effect some kind of a transaction that will separate these two businesses. These two companies will be worth more apart than they are together.
cost management problem revenue solve
The UAW doesn't want to solve GM's cost problem if management can't solve its revenue problem,
cuts falling high inventory massive price production reflect sales shift tactics vehicle
The massive cuts reflect high inventory levels, falling new vehicle sales and a shift in automaker tactics from price cuts to production cuts,
gives highest japanese lowest market offer quality residual therefore vehicles
The Japanese make the highest quality vehicles on the market and that gives them the highest residual value, and therefore allows them to offer the lowest monthly lease rates.
auto beginning cost economy hit increase industry inevitable large money slow ticket
I think the auto industry and the economy at large are inseparable. An increase in the cost of money is going to slow down big ticket purchases, and it's inevitable that is going to hit auto sales. I think that's what we're beginning to see in May.
auto economy economy-and-economics industry large
I think the auto industry and the economy at large are inseparable,
ford gm race
Ford and GM are now in a race to shrink.
concern deep deterrent highly investors near question respected term united
It's a very deep concern in the near term because there's no question it will be a deterrent to U.S. investors. He was highly respected by institutional investors in the United States.
almost derived earnings european gm third
GM historically has derived almost a third of its earnings from the European business. It didn't do that in this quarter.
achieve asia costs cutting essential gm growth mix north profitable
Capitalizing on growth in Asia through Daewoo is essential if GM is to achieve a profitable mix of businesses. They can't do it by just cutting costs in North America.
america clear fourth north outlook price quarter results
The outlook for the fourth quarter is not so hot. It is very clear that results in North America will be compressed by all this price cutting.
best car costs example far gm less money quality user
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.