It's incredibly cyclical. It basically depends on business spending. If they're not spending money, that industry dries up real fast.
More Quotes from Erich Merkle:
Right now Toyota is really struggling for capacity. They can't build enough cars. They have to import them from Japan. They definitely have the ability to sell more vehicles.Erich Merkle
It's a little bit of puffery, to offset the bad news that's been out there the last three or four months. In automotive terms, it's pocket change. It's really not that much money in the scheme of things.
Erich Merkle
The light vehicle segment is so incredibly competitive. Whenever you have such high levels of competition, it has a tendency to drive prices down.
Erich Merkle
Someone has to make sure Delphi's parts are not interrupted.
Erich Merkle
(Crossovers) are putting a dent in demand for SUVs. The designs of these vehicles are fresh and something different and they are capturing consumer's attention.
Erich Merkle
There's a lot of things GM and Ford are still grappling with if they're going to adapt to these niche markets.
Erich Merkle
Readers Who Like This Quotation Also Like:
Based on Topics: Business & Commerce Quotes, Money & Wealth QuotesI've read the last page of the Bible. It's all going to turn out all right.
Billy Graham
When the president during the campaign said he was against nation building, I didn't realize he meant our nation.
Al Franken
Designs are increasingly winning competitions because they are literally green, and because somewhere they feature a small windmill.
Rem Koolhaas