Mike Chung
Mike Chung
large trucks
Large trucks have been so much more inexpensive recently.
ford gm hard japanese regain
With the Japanese carmakers having so much momentum, it may be hard for GM and Ford to regain their growth.
continued entire expect five growth hit hybrids increase literally market next saw span three
Over the span of three years we saw the market literally increase five times. We expect to see continued growth over the next two or three years and hybrids to hit 2% of the entire market, which is very significant.
deals generally people process
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.
certain driving habits requires
It does take long and requires certain driving habits to recoup.
actual large particular price saw sticker
Some large SUVs in particular you saw a sticker price of $40,000 or $50,000, but the actual transaction price was more in the neighborhood of $30,000.
capacity definitely higher moving people terms
People are definitely moving higher in terms of horsepower and capacity in trucks.
cost gas month saving tank typical worth
You may be saving $30 to $40 a month (the cost of one tank of gas for a typical driver. But is it worth a $4,000 or $5,000 premium?
definitely diesel few past
Diesel has definitely come a long way over the past few years.
across domestic good incentives lowering positive reflection step three
This is a reflection of all three domestic manufacturers lowering incentives across the board. It's a good and positive first step, but that's what it is - a first step in the right direction.
actual buyers minus price seen tax
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.
beginning depending hit next towards volumes year
Depending on what kind of volumes they get, which we have no idea, we may see them hit it towards the end of this year, but probably the beginning of next year is when they'll hit their 60,000.
consumer europe fuels gained gas hybrid interest jumping natural seeing
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.
build commitment continue despite fact hybrid investment putting sales shows stay vehicle willing
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.