Mike Colias
speaker
140 appearances
2 recordings
1 series
first heard Aug 2017
last heard Aug 2021
Mike Colias’s voice in public audio — every appearance, attributed to the second.
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Appearances
So this year, we're down from that.
It's probably going to be around $17 million once the year ends.
Still not bad.
Still pretty good.
Still in the top five years of all time.
So just a point of clarity that this is not sky is falling kind of stuff just yet.
I mean, I think if you ask any auto executive, they probably in the $15.5 million range and above they would take, and we're still –
well north of that.
But there's no question that, you know, if there was any question coming into this year whether or not we'd set another record, I think we've answered that one.
There's probably no chance that that would happen.
We're in the 5% to 6% range it's looking like, and the Detroit companies are far worse than that.
You mentioned GM's 15% drop.
Ford was about 7.5%.
Chrysler was worse than that.
I think what's happened here is sedan sales have been tough for everyone.
All the consumers are moving away from cars.
cars and towards crossover vehicles, SUVs.
The truck sales for the Detroit companies, especially GM in the month, were really surprising because they fell off steeper than expected.
They were pretty flat for Fiat Chrysler.
Ford still did okay, but those big pickup trucks that really fuel the profits of the Detroit companies fell off in July, and that was a little bit unexpected.
Showing 81–100 of 140 · page 5 of 7
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