Don't look for any number near this in July, |
Few brands in the last ten years have made the impact and created the kind of focused marketing excitement as Hummer, ... Our new agreement presents us with the opportunity to build on this foundation in a variety of ways to reach new customers. |
Few brands in the last ten years have made the impact and created the kind of focused marketing excitement as Hummer. Our new agreement presents us with the opportunity to build on this foundation in a variety of ways to reach new customers. |
I am sorry for any inconvenience or anxiety this situation has caused. |
I apologize for the confusion of the past few days and will try to clear up what I can. |
If there is a problem with our product, we'll find it and we'll fix it. |
Right now, we're trying to deal with the close-in factors of ensuring we don't have a formula problem or a contamination problem in our manufacturing facilities. And nothing indicates that we do. |
There are a number of reasons why you do concept vehicles, one of them is to give an early look at intended production vehicles. Sure we thought about doing that. |
There's been theories all the way from, 'Has the tsunami ... hurricanes and the effect of environmental factors created mold levels that are unprecedented? Right now, we're trying to deal with the close-in factors of ensuring we don't have a formula problem or a contamination problem in our manufacturing facilities. And nothing indicates that we do. |
This is strictly a resource allocation decision. We want to strengthen our other brands and use our resources to strengthen those brands. Will bring vehicles forward to the production line faster than they otherwise might be able to do. |
We could even wind up No. 2 in July. |
We know this is a difficult time to talk about an incentive program, but GM has a responsibility to help stimulate the economy by encouraging Americans to purchase vehicles, to support our dealers and suppliers, and to keep our plants operating, and our employees working |
We think the industry is going to be slower in the first quarter, if not the first half, than we originally planned. There's clearly downward momentum right now caused by higher interest rates, higher fuel prices. Probably the biggest factor is consumer confidence drop in December. The industry operates on momentum and we think it will take time for that momentum to turn around. |