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.
More Quotes from Paul Ballew:
On the (Tahoe), we're beating expectations on a number of fronts. We're beating the production schedule, we're ahead of our sales objective for the month and the response we're getting from dealers is positive.Paul Ballew
We have thought it through, but we don't want to tip our hand. We need to see how all of this plays itself out. It's hard to execute a strategy until we know that. But we're still going to lead and still set the terms as much as we can.
Paul Ballew
It sure is going to be a struggle as we back off on rental sales, You take your medicine and you go on.
Paul Ballew
We're not pleased with our sales decline, but it's important for us to improve the quality of our sales.
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
The operative word is we remain cautiously optimistic, ... There are risks. Head winds are clearly present. We are seeing slower growth and seeing some erosion in consumer confidence. But we want to stress, as we look at November and December, we should not overreact to those factors.
Paul Ballew
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