Page 3 - Replacement Demand News Today

Youre always going to have populism when you have problems like this. but to me the solutions are fundamental economic reforms, which we need to put in place to restore the competitiveness of our economy. >> thank you so much for joining us. >> thank you. >> hank paulson, former treasury secretary of the united states. meanwhile, the u.s. auto market influenced by how long you hold on to your car. ford ceo mark fields is with us next on replacement demand and the return of one of the most popu...

Welcome back. one of the strongest parts of the economic recovery has been the ao business. fort motor this past week reporting first quarter earnings of net income of $924 million. fort ceo mark fields says technology and time will keep the momentum going. >> market is good. its really being driven by replacement demand. for the last five years, the industry has run below replacement demand. so youre seeing that on a very steady base. barring any kind of shock, we see the u.s. market as pretty ...