Tom Libby
Tom Libby
believe gallon per prices remain year
We believe that prices have to actually get to $4 per gallon and remain there for one year for there to be a substantial shift.
decline definitely large luxury movement similar talked talking
There is definitely a movement downward. Everyone has been talking about the decline in big SUVs, but no one has really talked about this similar movement away from large luxury cars.
decline definitely large luxury movement similar talked talking
There is definitely a movement downward, ... Everyone has been talking about the decline in big SUVs, but no one has really talked about this similar movement away from large luxury cars.
chevy five ford freestyle hitting models
Some of the models -- the Ford Five Hundred, the Ford Freestyle -- were just being launched in October, ... The Chevy Cobalt is just hitting showrooms now.
switch undermine
If they were to switch back to incentives, frankly, it would undermine everything they've done.
hesitant move order squeezed until
You've got dealers hesitant to order 05's until they move the 04's; the 05's are being squeezed out,
inventory lowering obviously pressure price trying turning vehicle
They are trying to keep inventory turning by lowering the price through incentives. But obviously the vehicle is under pressure already.