George Pipas
George Pipas
couple months next november rates sales trend
I think the next couple months will be pretty choppy. It will probably be November before we can think about trend sales rates again.
affects consumers interest months rates sitting six wondering year
There is a lag factor. A year ago, even six months ago, we were sitting here wondering when consumers would sense that interest rates were going up. I don't think this significantly affects the first quarter.
areas coming good news optimistic
We're optimistic that we'll see more good news in these areas in coming months.
We're not where we want to be or where we need to be but we are improving.
pace production sales
but the sales pace may outstrip our production for the foreseeable future.
believe high june market share
I believe our market share will be at least as high in June as in May. It's not where we want it to be. It's not where we need it to be. However, our market share is up,
improved june performance predict retail
I predict that in June we'll show improved performance in the retail end of the business,
business entire lost orleans
In the New Orleans area, many of our dealers are out of business and have lost their entire inventory.
chance economy glut hell pricing time value
If there was ever a time to try to make value pricing work, this is the time. If the economy was weak, and if you had a glut of old models, you wouldn't have a snowball's chance in hell of implementing value pricing.
achieved car category holds increase market share since year
If our market share in this category holds up, it would be the first year since 1993 that we have achieved an increase in car market share.
car five sell
If you can sell 100,000-plus Fusions and 100,000 Five Hundreds, you are back in the car business,
good looks quite strong
I don't know if 1999 is going to be quite as strong as 1998 but it looks like it's going to be another good year.
dealer focused incentives trucks uplift
I don't know if it's a seasonal uplift so much as that dealer incentives have been more focused on trucks than cars.
bunch decline factors percent talking
Clearly, I think there's a bunch of factors out there, and probably we're talking about a year-to-year decline of 15 percent translates to 5,000 or 6,000 units,