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.
More Quotes from Paul Ballew:
I think it's still prudent to remain cautious, ... January has gotten us off to a pretty good start for the industry.Paul Ballew
It's a program that has been crafted for a period of time -- it was not created due to weak sales in May. We are on the offensive and we plan to continue to be on the offensive. We believe simple and compelling works, and we believe leadership brings its own benefits.
Paul Ballew
Monetary policy can take a year, year and a half to rifle through the economy. Vehicle sales have held up somewhat better than what people have anticipated. You try to find balance ... When all is said and done, we don't anticipate the back end of this year to be a poor back end. We just continue to try to put forth what we think is the right balance. We're cautiously optimistic.
Paul Ballew
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.
Paul Ballew
Underlying demand remains very strong. The first four months of the year certainly exceeds our forecasts and the forecasts of everyone else in the industry.
Paul Ballew
We look at this every which way and we really cannot find evidence of some seismic change in consumer behavior,
Paul Ballew
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