Mike Chung
Mike Chung
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.
depleted employee great inventory issues pricing quickly time vehicle
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.
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?
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.
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.
large trucks
Large trucks have been so much more inexpensive recently.
cars coming compact continue economy expect fuel given grow issue lingering number products
Fuel economy will always be an issue that's lingering in the back of people's minds. Given the number of new products coming out, we expect compact and subcompact cars and SUVs will continue to grow this year.
catalyst definitely facing gas hurricane katrina prices trend
Hurricane Katrina was definitely a catalyst for gas prices but even before that we were facing an upward trend in prices.
associated continues costs drop either gets line near phase rid rush share steps taking
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.
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.
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.
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.