Yes, this is incorrect.
You are actually conflating a couple of things, which can be all used in combination, and all of these combinations can be true. These are flavor, fermentation and time to make.
Modern lagers are light in flavor, and do not take a long time to make. The breweries don't want much stock.
There are lagers which have more flavor and definitely take longer time to make, like bock, doppelbock and Baltic porter. Really traditional Pilsner also needs its time, but has more flavor than modern lagers.
There are ales which are light in flavor.
While most ales can be brewed relatively fast, there are also ales which need longer time to mature.
There are also ales which are lagered like lager.
Flavor is a function of malts and adjuncts (e.g. rice), alcohol content and used hops.
Time to make is a function of yeast, fermentation temperature (some people use lager yeasts at higher temperatures), alcohol content, and even water composition.
Apparently, the long lager time of traditional Czech pilsner has more to do with the softness of the water than the fermentation. The lagering time of some beers in Germany has more to do with the length of the brewing season, which ends in April or May, where the last brews were then stored till after summer in cold caves.