GM Inside News Forum - View Single Post - Car industry gloom even descends on Carlos Ghosn

AMERICA 123 · 07-15-2008, 12:45 PM

Infiniti, Acura, and Lexus are not positioned for what's coming.

That's part of it - and the extra special yen subsidy profits are being gutted by energy costs -with no mony to make in the JDM.

GM is dominating Russia, now one of the largest and fastest growing major markets on the planet - having just outgrossed all brands combined excluding HYUNDIA for the first 6 months of 2008.

The two companies situations couldn't be more different.

Hyundia/Kia always hurts the Japanese more than GM IN NA - they just outsold Nissan here and Nissan And Honda on a worldwide YTD total and actually outperformed Honda for JUNE in NA.

All his plans are readjusting - like everybody else.

07-15-2008, 12:45 PM	#3 (permalink)
AMERICA 123 4.4 Liter Supercharged Northstar Join Date: Aug 2007 Drives: The bailout pkg Posts: 2,279	Re: Car industry gloom even descends on Carlos Ghosn Infiniti, Acura, and Lexus are not positioned for what's coming. That's part of it - and the extra special yen subsidy profits are being gutted by energy costs -with no mony to make in the JDM. GM is dominating Russia, now one of the largest and fastest growing major markets on the planet - having just outgrossed all brands combined excluding HYUNDIA for the first 6 months of 2008. The two companies situations couldn't be more different. Hyundia/Kia always hurts the Japanese more than GM IN NA - they just outsold Nissan here and Nissan And Honda on a worldwide YTD total and actually outperformed Honda for JUNE in NA. All his plans are readjusting - like everybody else. __________________ " 123" " 1-2-3, oh, that's how elementary it's gonna be -" "There's class warfare, all right, but it's my class, the rich class, that's making war, and we're winning." --Warren Buffet, June 2008 Last edited by AMERICA 123 : 07-15-2008 at 02:28 PM.