March 2016 Sales Thread
#47
I think it is mainly due to the new trend of keeping cars only for 3 to 4 years. Manufacturer's warranty covers all reliability issues during that period anyway. OTOH Americans have always been risk takers which is why this is the land of opportunity
#48
Pole Position
#50
Lexus Fanatic
iTrader: (20)
i decided to look into your comment, not knowing anything about fca's performance.
turns out they made a net profit by the end of 2015 of 377 million Euros. this sounds tiny, but then you notice that they cut their debt about 6 BILLION euros. that's impressive.
anyway, they're hardly just 'barely staying afloat' - they're definitely not a money printing machine like toyota, but they seem to be on a decent path.
dec 2015 fin report:
http://globaldocuments.morningstar.c...msdoc/original
turns out they made a net profit by the end of 2015 of 377 million Euros. this sounds tiny, but then you notice that they cut their debt about 6 BILLION euros. that's impressive.
anyway, they're hardly just 'barely staying afloat' - they're definitely not a money printing machine like toyota, but they seem to be on a decent path.
dec 2015 fin report:
http://globaldocuments.morningstar.c...msdoc/original
#51
Lead Lap
Thread Starter
i decided to look into your comment, not knowing anything about fca's performance.
turns out they made a net profit by the end of 2015 of 377 million Euros. this sounds tiny, but then you notice that they cut their debt about 6 BILLION euros. that's impressive.
anyway, they're hardly just 'barely staying afloat' - they're definitely not a money printing machine like toyota, but they seem to be on a decent path.
dec 2015 fin report:
http://globaldocuments.morningstar.c...msdoc/original
turns out they made a net profit by the end of 2015 of 377 million Euros. this sounds tiny, but then you notice that they cut their debt about 6 BILLION euros. that's impressive.
anyway, they're hardly just 'barely staying afloat' - they're definitely not a money printing machine like toyota, but they seem to be on a decent path.
dec 2015 fin report:
http://globaldocuments.morningstar.c...msdoc/original
#54
Lead Lap
Thread Starter
They weren't holding out as much as the supply had wound down. Dealers are pissed at MBUSA because they aren't allocating enough SUV's to dealers. Some dealers have actually ran out of GL's to sell in the past...so let's hope they get production at the Alabama plant rectified soon.
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