Most automakers foresee a healthy 2018 overall with no significant volume losses, though the record sale days seem to appear over. However, General Motors product chief, Mark Reuss, said GM is ready if the auto market suddenly took a sharp downward turn.
In an interview with Trucks published on Tuesday, Reuss said the automaker is “ready” should some terrible event cause a major market crash.
“Our company still runs at the 10 ½- to 11-million unit break-even point,” he said. That kind of market crash would be incredibly severe, and Reuss believed such an outlook keeps GM more than safe, should it ever occur.
Although U.S. sales will likely remain healthy without major dips, China’s auto market continues to grow, which paints a brighter picture for GM. The automaker has also focused heavily on retail sales and worked to curb fleet sales in recent years. Meanwhile, GM delivered on its promise to handle ballooning inventories.