- Major automobile companies are making a big mistake in thinking they can increase profit margins by taking on German automakers (BAMXY.PK, VLKAY.PK, DDAIF.PK) in the luxury market on their home turf, argues Neil Winston of The Detroit News.
- The "delusional" strategy to invest in the high-end market - instead of slashing capacity and following the lead of the successful South Korean automakers (KIMTF.PK, HYMLF.PK) in Europe - has proven disastrous to automakers such as Saab, Renault (RNSDF.PK), and Volvo (VLKAY.PK) in the past.
- Peugeot (GM, PEUGF.PK) and Ford (F) are guilty of falling for the temptation to move more models into the European upscale market, while Fiat (FIATY.PK) is playing small ball on the continent.
European automobile market: Beware of taking on the Germans
From other sites
Video at CNBC.com (Wed, 11:30AM)
Video at CNBC.com (May 6, 2015)
Video at CNBC.com (Apr 7, 2015)
Video at CNBC.com (Mar 18, 2015)
at CNBC.com (Mar 16, 2015)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs