Maxioms by Brian Ambrose
We are seeing the convergence of improved economic conditions, the leveling off of sales incentives and the huge amount of read more
We are seeing the convergence of improved economic conditions, the leveling off of sales incentives and the huge amount of new vehicle launches scheduled over the next few years all playing a factor.
In prior years, saddled with heavy incentives and a sagging economy, industry executives pushed profitability out as far as they read more
In prior years, saddled with heavy incentives and a sagging economy, industry executives pushed profitability out as far as they could. Our survey this year has definitely found improved profit levels emerging sooner rather than later, and this is very encouraging.
In a down economy, our survey has found executives always pushing profitability a few years out, and this year is read more
In a down economy, our survey has found executives always pushing profitability a few years out, and this year is no different. But what the executives are telling us this year is that they have seen the worst and that the industry is poised for a rebound.
I think they have some very difficult challenges over the next three years. The silver lining is if they continue read more
I think they have some very difficult challenges over the next three years. The silver lining is if they continue to reduce costs and strive for flexible manufacturing, they can see a return to profits even without the sales levels of 2000. But the Asian brands and European brands aren't sitting still either.
It was the best year as far as vehicles produced and sold, probably one of the worst in terms of read more
It was the best year as far as vehicles produced and sold, probably one of the worst in terms of corresponding profitability.