George Pipas
George Pipas
lack levels support term
With these levels of inventories, we probably need to replenish inventories to a level that will support a - for lack of a better term - 'normal' level of sales,
beginning expected january sales
January sales were better than we expected at the beginning of the month. We expected them to be down 15 to 20 percent.
pace production sales
but the sales pace may outstrip our production for the foreseeable future.
cars wish
Right now I wish I had more cars in inventory. I think we'll have a big April.
dealer focused incentives trucks uplift
I don't know if it's a seasonal uplift so much as that dealer incentives have been more focused on trucks than cars.
financing impact perceived percent program strong swept wave zero
I think that impact of that program is not as strong as when it was first announced, ... Zero percent financing was like a tidal wave and you had to get on the wave or you'd be swept under. But I think the program is still perceived as having a lot of value.
improved june performance predict retail
I predict that in June we'll show improved performance in the retail end of the business,
bunch decline factors percent talking
Clearly, I think there's a bunch of factors out there, and probably we're talking about a year-to-year decline of 15 percent translates to 5,000 or 6,000 units,
brand carve continue dominate names niche offered products strong three toyota
The Nissan and Toyota products will carve out a niche in the full-size segment, but the Big Three and F-series will continue to dominate for years to come, ... The products and brand names offered by domestics are very strong and getting stronger. The Nissan product is great, but it still has a way to go. So does Toyota.
coming product segment slow train
There's just too much product coming into the segment to slow the train down.
largest models profitable
It was the most profitable models that experienced largest increases,
goal good increase market share
Our goal is to increase market share in 2003. There's a long way to go...but this is a good start.
ahead easily inventory january month selling situation
January is easily the slowest selling month of the year. We don't want the inventory situation to get ahead of us.
board cars coming data despite economic effect good incentives lower reason sold spring using
Probably the reason why '03 was lower than '02, and the reason that we don't think '04 will is necessarily going to be a blockbuster, is despite these good economic data coming in, we sold so many cars using incentives in '01 and '02, we didn't get the spring board effect you usually see,