All in all, I would describe the month as pretty solid. |
Anytime you're looking at the prospect for a soft landing, there's going to be uncertainty and risks, ... If what we're talking about is a prelude to an economic downturn, the industry will suffer over a two-to-three-year time. But the economy has shown a high degree of resiliency. |
Anytime you're looking at the prospect for a soft landing, there's going to be uncertainty and risks. If what we're talking about is a prelude to an economic downturn, the industry will suffer over a two-to-three-year time. But the economy has shown a high degree of resiliency. |
April is off to a decent start. I caution everyone that it is early, very early, but we like the start. |
As part of our restructuring plan, we need to build strong brands. |
Certainly we did not see the surge we saw ...back in October of '01 or ...last July, ... But despite the ebbs and flows, we're going to wrap up this month pretty much as we thought it would play. And we're seeing mix continue to richen. |
Everybody is entitled to play this game. We accept it for what it is, but it does complicate some of the things we're doing. |
Everyone is going to remain aggressive in the marketplace, ... ...I think the industry as a whole is just grappling with pressure on pricing. |
From a competitive standpoint, we're better than anybody else ? you can look at it from any performance metric. We're king of the hill. |
From a cost standpoint, it certainly does help [to build in Korea]. We also will leverage that product globally, selling in other markets. It will give it a very broad scope where existing Cavalier does not. |
Given all the alternatives that are out there, given the uncertainty on gas prices, given some image factors, we think it's appropriate to plan in a more conservative manner. |
GM leads the segment, leads the category in terms of fuel economy and is committed to improvement in fuel economy going forward, |
I can't say I'd be surprised if industry ran 17 million units in April. Would I be surprised if it ran at 18? Yes I would. |
I don't want to throw out concerns that all of us have, ... We're looking at it every single day, and so far facts to date do not support contention that gas prices have had a material impact on truck sales. |
I expect October to be a bit rocky. |