Paul Ballew
Paul Ballew
current economy entirely expect industry kidding outlook picture positive present pressures remain
We expect pressures to remain for the present. We're not kidding ourselves. As we look at the current near-term outlook there's sluggishness out there. However, the long-term picture is not entirely negative. The fundamentals for economy remain very positive for the industry as a whole.
current economy entirely expect industry kidding outlook picture positive present pressures remain
We expect pressures to remain for the present. We're not kidding ourselves, ... As we look at the current near-term outlook there's sluggishness out there. However, the long-term picture is not entirely negative. The fundamentals for economy remain very positive for the industry as a whole.
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.
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.
bit expected industry softer
We were down a little bit from where we expected to be, and the industry was a little softer than we expected it to be.
aggressive industry pressure remain
Everyone is going to remain aggressive in the marketplace, ... ...I think the industry as a whole is just grappling with pressure on pricing.
against appears caution energy general higher industry prices running slight slowing start step strong year
It appears the industry is running at a very strong rate, ... It's a very slight step down from the very blistering start we started the year with, but it's still a strong pace. There are legitimately headwinds, like higher energy prices and a general slowing of the economy. But we caution against overreacting to the headwinds.
anytime degree economic economy high industry looking prelude prospect shown soft suffer talking
Anytime you're looking at the prospect for a soft landing, there's going to be uncertainty and risks. If what we're talking about is a prelude to an economic downturn, the industry will suffer over a two-to-three-year time. But the economy has shown a high degree of resiliency.
believe expect gm good half head industry maintain momentum month
The industry had a very good month in May and we believe GM will actually outperform the industry, ... We expect to maintain that momentum as we head into the back half of the year.
continue deliver good inform message people
We have to continue to deliver our message to inform people just how good we are.
coming hopefully
What's going to be coming to G.M. hopefully through this process, will be a leaner and more competitive manufacturer.
breaking certainly economy fuel regard
We are breaking all new ground, certainly with regard to fuel economy and safety.
continue decade expect increase rest revenue though
We expect the revenue increase to continue though the rest of this decade and beyond.
quarter second
We're going to be down in the second quarter and the back end of the year.