There's a lot of things GM and Ford are still grappling with if they're going to adapt to these niche markets.
More Quotes from Erich Merkle:
Right now Toyota is really struggling for capacity. They can't build enough cars. They have to import them from Japan. They definitely have the ability to sell more vehicles.Erich Merkle
It's a little bit of puffery, to offset the bad news that's been out there the last three or four months. In automotive terms, it's pocket change. It's really not that much money in the scheme of things.
Erich Merkle
(Crossovers) are putting a dent in demand for SUVs. The designs of these vehicles are fresh and something different and they are capturing consumer's attention.
Erich Merkle
If General Motors is going to survive, they have to be a smaller organization and get the cost structure under control. They've got to become lean, streamline their processes, get products to market faster and take more risks.
Erich Merkle
The light vehicle segment is so incredibly competitive. Whenever you have such high levels of competition, it has a tendency to drive prices down.
Erich Merkle
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