Michael Pak
Michael Pak
beat build fleet line low meant overall quality strong top
They beat our top line assumptions. We had the strong build rates, but the overall mix, with the low fleet sales, meant the quality of those revenues were underestimated.
case climate expect head high increase leading market means pressure selling share sort spring
The climate of discounting is very much here, and I would expect it to increase as we head in to selling spring season. In the case of GM, inventories are sort of high and the pressure to increase market share means they should be leading discounting charge.
financial momentum questions results
The financial results in '99 were pretty good, but there's a lot of questions about how they can keep the momentum going.
due ford given market numbers pipeline products trend truck worried
The truck numbers are down, but I don't think the market will be worried about that too much given the pipeline of new (truck) products from Ford due very soon. Should the trend for Ford continue, as these new truck products get launched, then the market would be more concerned.