Bloomberg: A Rising Tide of Used Cars Threatens Ford’s Profits; ‘Ford is the canary in the coal mine’

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Maryann Keller, principal of MK&A, was quoted in Bloomberg on Ford’s change to its profit forecast: “Ford is the canary in the coal mine,” said Maryann Keller, a former Wall Street analyst who’s now an auto industry consultant in Stamford, Connecticut…“That’s just the game they play,” Keller said. “It’s deferring the loss, but those losses are now coming home to roost.”

The article can be read by clicking the link below:

https://www.bloomberg.com/news/articles/2017-01-23/ford-seen-as-canary-with-record-leases-spurring-used-car-glut

*Photo Credit: Bloomberg / J.D. Power.

Bloomberg: Toyota Built 6.6% of North American Vehicles in Mexico Last Year

Maryann Keller, principal of MK&A, was quoted in Bloomberg on Toyota’s North American vehicle production: “What Toyota builds in Mexico and ships here is de minimis,” said Maryann Keller, an independent auto industry consultant in Stamford, Connecticut. “Even with their plans to make it bigger, the vast amount of their non-Japanese production is located here in the U.S. and in Canada already.”

The article can be read by clicking the link below:

https://www.bloomberg.com/news/articles/2017-01-19/toyota-built-6-6-of-north-american-vehicles-in-mexico-last-year

 

*Photo Credit: Associated Press.

AutoNews: Fiat Chrysler runs short on time to fix emissions problems in U.S.

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Maryann Keller, principal of MK&A, was quoted in Automotive News on FCA’s emissions problems: “FCA doesn’t have the resources to fulfill the emissions requirements,” said Maryann Keller, an independent auto-industry consultant in Stamford, Conn. “It’s not a company that can survive in its present form.”

The article can be read by clicking the link below:

http://www.autonews.com/article/20160120/COPY01/301209980/fiat-chrysler-runs-short-on-time-to-fix-emissions-problems-in-u.s.

Bloomberg: GM to Invest $1 Billion in U.S. Manufacturing Operations

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Maryann Keller, principal of MK&A, was quoted in Bloomberg on GM’s decision to invest $1 Billion is U.S.-based manufacturing operations: “This is the normal course of business,” Keller, who’s based in Stamford, Connecticut, said of GM. “All they’re doing is announcing investments that they would have made anyway.”

The article can be read by clicking the link below:

https://www.bloomberg.com/news/articles/2017-01-17/gm-joins-hyundai-kia-unveiling-u-s-factory-investment-plans

*Photo Credit: Associated Press.

 

Bloomberg: GM, Ford Boost Shareholder Payouts in Sign of Detroit’s Optimism

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Maryann Keller, principal of MK&A, was quoted in Bloomberg on the decision by both Ford and GM to sweeten their shareholder payouts: “The auto industry has benefited from cheap and available credit and low fuel prices. All of that has worked in the industry’s favor and no one is saying that’s going to die.”

The article can be read by clicking the link below:

GM, Ford Boost Shareholder Payouts in Sign of Detroit’s Optimism
https://www.bloomberg.com/news/articles/2017-01-10/gm-projects-higher-profit-in-17-plans-5-billion-share-buyback

Related article from the Toronto Star:

Good times to keep rolling for auto industry: Report
https://www.thestar.com/business/2017/01/11/good-times-to-keep-rolling-for-auto-industry-report.html

*Photo Credit: Toronto Star.

Ford Upends Traditional OEM Behavior By Canceling Additional Capacity

In this post, Maryann Keller, principal of MK&A, discusses Ford’s decision to cancel their proposed plant in Mexico. In her post, Maryann explains that Ford may have too much manufacturing capacity, and that other automakers should also reconsider their capacity limits as the industry faces major changes ahead.

You can view Maryann’s post by clicking the link below:

https://www.linkedin.com/pulse/ford-upends-traditional-oem-behavior-canceling-capacity-keller

 

Photo Credit: Courier Journal.