I go back to around September last year when Ford began warning of slowdowns in the market
and intending to idle production at plants as a way of controlling inventory. About the same time
GM released guidance that it didn't see any slowdown in the market - I see that as a moment
in time where Ford showed discipline to avoid incentives while GM tried to bluff its way through..
Fast forwasrd to January - February 2017 and we see a much more subdued car sales market
and GM stuck with bloated inventory, Ford not so much. That's gotta be vindication for taking
action early and not pushing sales with higher incentives. GM has probably banked revenue
from all that over production, so I wonder if we see a GM financial correction soon...
Combine all of that in a market that seems to be running out of steam or hunger as fewer buyers
return to the showroom for new cars .that's prompting shift reductions at several GM plants but,
.if that trend continues into some of the more popular compact and mid sized Utilities, even more
drastic decisions may need to be considered..,,, Ford not so much.
Edited by jpd80, 21 March 2017 - 01:26 PM.