Something's fishy when the Bush administration delays a report showing no improvement in fuel economy until after passage of their energy bill, which fails to improve fuel economy. It's disturbing that despite high gas prices, an oil war and growing concern about global warming pollution, most automakers are failing to improve fuel economy.
Quotes about automakers (16 Quotes)
The fact that an offer of this magnitude wasn't enough to keep one Ford factory here underlines how bad Michigan's business climate is and how difficult times are for our domestic automakers.
I think the effect has already been felt on Ford's earnings because Ford and the other automakers book themselves in profits when they produce and ship the cars to the dealers,
Despite a favorable backdrop of relatively high employment and low financing rates, U.S. automakers, in our opinion, will collectively lose market share to foreign manufacture again in 2006, particularly in the luxury vehicle category. Additionally, Standard Poor's Equity Research believes the U.S. will face margin compression on two fronts, the first as a result of higher retiree and health-care costs. The second results from a combination of rising gas prices and increased sales of crossover utility vehicles which will negatively impact sales of higher margin large SUVs.
It may take a while for India to be like China, but we are seeing signs of automakers getting ready to enter the market, ... China and India are and will become the markets where all the major auto manufacturers want to be in.
The reason that the unions and the other stakeholders have not cut a deal with the automakers is because they believe the federal government is going to bail them out.
Automakers are improving the geometry of their head restraints, compared with the last time we evaluated them. Still, in this group of minivans the Fords are the only models with good dynamic performance for all of their seat designs. Many of the seathead restraints we evaluated didn't even get to the testing stage because of marginal or poor geometry. These cannot begin to protect most people in rear-end crashes.
The U.S. uses most of its oil for transportation. We can limit U.S. demand for oil by requiring automakers to use the technology that already exists to improve fuel economy - technology that the automakers refuse to bring into the market despite societal demand.
The most-researched vehicles list makes it clear that the import manufacturers are doing a better job than the domestic makers in conceiving and producing high-volume vehicles. The Big 3 automakers used to dominate the top sellers, but this list is another indication that imports are mainstream vehicles to a broad cross-section of Americans.
DETROIT - General Motors Corp. chairman and CEO Rick Wagoner said Tuesday that the automaker's turnaround plan for its North American division is on track, but he wouldn't update the company's earnings forecast. GM withdrew its earnings guidance in April after it lost 1.1 billion in the first quarter. Wagoner noted that the company had previously estimated earnings of 4 to 5 a share for the year. We will not meet that, ... North America is missing, and missing badly.
Only a few years ago, auto sales numbers like those seen recently would have automatically lead to expectations of higher prices, ... Now, increasing transparency in car prices, substantially due to the Internet, together with the automakers' ability to hold down unit labor costs, means that stronger sales do not necessarily lead to higher prices.
There is likely a greater concern about further bankruptcies in the industry. The more common bankruptcies at auto suppliers become, the increased perception that one of the automakers might go that route.
If this 401(k) money is used just on Michigan businesses, I'm afraid they'll use this money to save The Big Three (automakers).
This is a great demonstration of the increased awareness and availability of renewable Fuels such as E85. With automakers like General Motors producing an abundance of flexible-fuel vehicles, we can help boost our country's agriculture industry, save the environment, and reduce our dependence on petroleum.
It is the goal of the EPGAA to educate the industry and consumers on using laminated glass in applications other than windshields. We are pleased to see the continued increase in adoption of laminated glass it shows that automakers and consumers alike are realizing the extended benefits of this technology.
We had very loyal customers in the car segment as well before they (Japanese automakers) were here. The Japanese are extremely capable competitors in any segment they decide to enter. We have yet to see someone really fail. There's no reason to believe it'll be that different in the truck segment.