Paul Ballew
Paul Ballew
knew pace pickup sales start
This is not where we want to be, but we knew it would be a very challenging start to the year. We need to pickup our sales pace going forward.
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.
good gotten january prudent remain start
I think it's still prudent to remain cautious, ... January has gotten us off to a pretty good start for the industry.
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.
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.
quarter second
We're going to be down in the second quarter and the back end of the year.
bit expect higher improvement mean pause process treating truly
Our thought process is that this is truly the pause that refreshes. We expect to see improvement in the spring, ... Inventories are a bit higher than we'd like, but that doesn't mean we're treating it as a crisis.
certainly current levels pleased run satisfied share
We're certainly not pleased with current share levels and we're not satisfied with it, but we have to run this play.
coming describe february position
While we still have a lot to do, I would describe February and our position coming out of February as pretty good.
certainly consumers denying economy fuel gas interest prices realize saw seeing shift understanding
We realize that gas prices are important to consumers and we're certainly not denying that there's an impact. We are seeing more interest in consumers understanding fuel economy of vehicles. But there's not the shift we saw in the 70's and 80's.