“We think it would take a rapid acceleration in economic growth and/or sharp capacity reduction, both of which appear unlikely.”
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“Even excluding the charge, European auto operations continue to be a big drag.”
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“For the next year, year and a half I expect Ford to lose market share. It doesnt have many levers to pull. Its product pipeline is relatively dry and GM is being very aggressive.”
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“Car buying is influenced by consumer confidence. And confidence varies month to month but on a trend basis, it is down a lot in the last year, year-and-a-half. And my own view, unless it bounces back and unless history is wrong, were going to really struggle to get these buyers in next year because theyre just not as confident about the future to make a big ticket purchase as they were six months or a year ago.”
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“We think the damage to the (Ford) brand has already been done.”
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“The outlook for the fourth quarter is not so hot. It is very clear that results in North America will be compressed by all this price cutting.”
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“Its a very deep concern in the near term because theres no question it will be a deterrent to U.S. investors. He was highly respected by institutional investors in the United States.”
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“In short, while the negative press will likely hold back the stock near-term, we dont think it will have a lasting impact, and in our view, Ford remains relatively attractive,”
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“My guess is most people view this as a tire issue than a Ford Explorer issue. But there are a lot of good competitors to Ford Explorer out there on the market.”
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“The North American operations are the driver of the results. Business is great this year, and the mix is very rich -- theyre selling lots of trucks,”
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