Analyst
Citigroup
Equibles does not estimate personal net worth.
Michael Ward is recorded as Analyst at Citigroup. Michael Ward has spoken on 9 earnings calls across 5 companies, most recently for Sonic Automotive Inc on October 29, 2026. Those appearances were for General Motors Co (GM), Lucid Group, Inc. (LCID), Penske Automotive Group, Inc. (PAG), Sonic Automotive Inc (SAH) and Asbury Automotive Group Inc (ABG). The companies whose calls Michael Ward spoke on are classified in the Consumer Cyclical sector.
“These motivational discussions you had with your managers, did that result in lost sales, Or was it brand-specific? Were there people discounting too much? What was the reasoning behind that, and was there a conscious effort?”
“You mentioned that was about half of the new unit decline. So could you put some actual numbers on the number of BED units you sold last year and then this year?”
“Is that number more of a timing or just an opportunistic, to give you the flexibility to be more optimistic, I mean, the current trading levels and those sorts of things?”
“When I look at page 23 and you talk about $1.4 billion in cash savings by the end of the year, are those annualized savings, cash savings, or a run rate? Or is it all going to occur in the second half?”
“Can you share any volume targets for M2 for 2027? It sounds like it's going to be a gradual-type launch throughout the year, and I'm just wondering if the launch is better than expected, does that liquidity take you into 2028?”
Citigroup
Analyst
Source not stated
Auto Manufacturers · Consumer Cyclical
LCID
Auto Manufacturers · Consumer Cyclical
Auto & Truck Dealerships · Consumer Cyclical
Auto & Truck Dealerships · Consumer Cyclical
Auto & Truck Dealerships · Consumer Cyclical
