Paul Ballew
Paul Ballew
certainly continue despite mix month october saw seeing wrap
Certainly we did not see the surge we saw ...back in October of '01 or ...last July, ... But despite the ebbs and flows, we're going to wrap up this month pretty much as we thought it would play. And we're seeing mix continue to richen.
bit expect october
I expect October to be a bit rocky.
arms breath deep
It's something to monitor. Let's just take a deep breath and get our arms around it.
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.
accept complicate entitled everybody
Everybody is entitled to play this game. We accept it for what it is, but it does complicate some of the things we're doing.
below somewhat
That is somewhat below what we were anticipating.
compelling conclude consumers course diversity interest lost offers rate run side
Not all consumers want an interest rate or a contract. We'll get a little more diversity going forward. But I wouldn't conclude that compelling offers on the interest rate side have run their course and lost effectiveness in the marketplace.
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.
offset varies
It varies by category, but it's a significant offset in many cases.
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.
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.