The concern should be at Chrysler. Chrysler overproduced in the fourth quarter and when you overproduce you should make more money, but they made less. |
The second quarter is going to be a very difficult quarter for most auto companies. Earnings will be down for almost every auto manufacturer with the exception of possibly Porsche , truck companies and select parts and tyre companies. |
The underlying Mercedes margin excluding one-off items and provision releases was significantly weaker than expected. That was an area where the market was prepared for upside surprise. |
There?s a reason Renault is getting a lot of attention with this car. They?re the only one doing this so aggressively. If they are successful, there will be followers. |
They did about 2,001 euros per car for other risk provisions, and that is the lowest level of provisioning in five years. |
Toyota is at the top when it comes to real and perceived quality. One recall isn't a problem. It takes two points to draw a line and it that happens then you'll hear my tone change. |
Volkswagen said at the start of the year that it would be going up in market share and instead it has gone down. They appear to have lost the U.S. consumer in terms of design and functionality. |