GM clearly benefited from the industry volumes being on the high side. We expect things to be on a brisk pace, but think Ford may be better positioned for the long term.
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This quote is just one of 5 total Nick Lobaccaro quotes in our collection. Nick Lobaccaro is known for saying 'GM clearly benefited from the industry volumes being on the high side. We expect things to be on a brisk pace, but think Ford may be better positioned for the long term.' as well as some of the following quotes.
GM clearly benefited from the industry volumes being on the high side. We expect things to be on a brisk pace, but think Ford may be better positioned for the long term.
Ford is trading at eight times earnings while DaimlerChrysler is at 12 times earnings. We think Ford has a strong and stable management team while we're seeing turmoil at DaimlerChrysler. And Ford is increasingly investing in products that make a lot of money, whereas Daimler is beginning to try to make vehicles that don't tend to make a lot of money.
Based on the billion people in China, and the likely hitting of middle class status for hundreds of millions of people over the next several years, GM wants to be there early, establish a brand equity early. And their ambitions are to be a major player in China for the long term.
This quote is just one of 5 total Nick Lobaccaro quotes in our collection. Nick Lobaccaro is known for saying 'GM clearly benefited from the industry volumes being on the high side. We expect things to be on a brisk pace, but think Ford may be better positioned for the long term.' as well as some of the following quotes.