Paul Ballew
Paul Ballew
estimate exceeded healthy production sales turned
We've exceeded the sales estimate for the month. We turned the production at a very healthy pace.
execute hard itself lead plays strategy terms tip until
We have thought it through, but we don't want to tip our hand. We need to see how all of this plays itself out. It's hard to execute a strategy until we know that. But we're still going to lead and still set the terms as much as we can.
exploded sales seen truck
Truck sales were just phenomenal. They just exploded like nothing I've ever seen before.
anybody king performance
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.
bit expect october
I expect October to be a bit rocky.
describe expected month solid
I would describe the month as pretty good, solid ... and where we expected it to be.
above beginning describe industry solid year
I would describe it as a pretty solid year for the industry and one that is above our expectations that we had at the beginning part of the year.
anticipate balance continue forth half held monetary people policy poor rifle sales somewhat vehicle year
Monetary policy can take a year, year and a half to rifle through the economy. Vehicle sales have held up somewhat better than what people have anticipated. You try to find balance ... When all is said and done, we don't anticipate the back end of this year to be a poor back end. We just continue to try to put forth what we think is the right balance. We're cautiously optimistic.
pricing run terms value
When we said value pricing, we said we'd still be competitive in terms of pricing and still run tactical programs.
industry million ran surprised yes
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.
advantage brands build continue focus retail
What's important for us is to focus on stabilizing the retail part of our business, take advantage of new products, continue to build our brands and be competitive.
category essential expect lift time
What's important for us is this is a category that is essential to GM. Volume-wise, we expect some lift from the new product. Time will tell how much that lift is.
fed good knew low move news options
We'll keep our options open, ... The good news for us is we've been anticipating the fed would move for a long time. We knew these were abnormally low rates.
clearly consumer erosion growth head november operative present remain seeing slower winds word
The operative word is we remain cautiously optimistic. There are risks. Head winds are clearly present. We are seeing slower growth and seeing some erosion in consumer confidence. But we want to stress, as we look at November and December, we should not overreact to those factors.