"I think the industry is in a sweet spot right now. The reason I say that is, retail levels are almost approaching last year's levels at this time, and in addition, because of the low inventories, there's much less incentives," Fields said.
For investors looking ahead to auto companies' fourth-quarter reports, he said, "I think most of them will beat their profit forecasts, and I think that will fall over into 2021, particularly as more stimulus comes to the market."
I love how CNBC brings in “experts” to discuss business. Field’s was a disaster and quickly forgotten after L’ill Bill replaced him with a worse disaster. Advice to CNBC bookers..interview folks who have a proven record (not Fields, Nardelli, Immelt,,,) and skip the flunkies
RedDogT3 Good luck
good
that is just funny... or sad ... or whatever...