28 ordspråk av Mike Chung

Mike Chung

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Diesel has definitely come a long way over the past few years.

This really shows a commitment to stay at this plant. They will continue to build this vehicle despite the fact that it has had sales decreases. It shows they are willing to make an investment in this vehicle, particularly the fact that they will be putting a hybrid in this vehicle.

I've seen advertisements where they say 'this is the price minus this tax credit.' It's not an actual discount, but to some buyers they see it as a discount.

Hurricane Katrina was definitely a catalyst for gas prices but even before that we were facing an upward trend in prices.

You're seeing more consumer interest in alternative fuels like natural gas and diesel. In Europe it's already gained a lot of traction. And a lot of automakers are jumping on the hybrid bandwagon.

But hybrids are more likely to be a stop-gap for something further down the road like fuel-cell technology, which is at least 10 years away.

The domestic [carmakers] in particular are working hard to get consumers away from incentives as much as possible.

If you find a vehicle that you really like, now's a great time to get it. But one of the issues with employee pricing is the inventory was depleted very quickly for the most-desirable vehicles.

If I had to bet the farm, I'd say Buick will be the one that goes.

I wouldn't rush to get rid of either line because of the costs associated with the move. But if GM's share continues to drop and gets down near 21 percent, I see them taking steps to phase out Buick.

Overall, people are generally getting better deals than in the past. I would say, for the most part, it is (a better deal) because it makes the negotiation process a lot simpler.

The level of incentives in the [auto] industry is not sustainable. [While Detroit has resorted to short-term fixes, like raising prices to cover the incentives, $4,000] is the point of no return. You can't keep offering incentives. People will always ask, 'What's next?'

Chrysler had good momentum in 2005 and that will probably continue in 2006.

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