We feel pretty optimistic about the second half of the year and where the economy is heading. And this June sales report kicks off a good summer for Ford in several key areas.
There is a lag factor. A year ago, even six months ago, we were sitting here wondering when consumers would sense that interest rates were going up. I don't think this significantly affects the first quarter.
If our market share in this category holds up, it would be the first year since 1993 that we have achieved an increase in car market share.
The level of offers out there today are very similar to the offers out there in October of last year, post 9/11. Last year it generated the best month in industry history. That same level of program will not come close to generating the same volumes this October.