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.
More Quotes from John Casesa:
To the extent that GM takes any action to get more competitive, that has to influence the urgency of Ford's strategy.John Casesa
These disclosures don't look very good when investors are already skittish about what's going on in the automotive industry. You hate to discover a leak in your basement when you're trying to sell your house.
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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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While price-cutting has sustained the sales rate at the expense of margins, eventually either the automakers' capacity to support the market will diminish, andor consumer demand will contract on its own as it has in other cycles,
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The pressure on GM management is greater than ever ... to adopt a more aggressive turnaround strategy.
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Based on Topics: Light Quotes, Sales QuotesBased on Keywords: market-share
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