Paul Ballew Industry Quotations

I would describe it as a pretty solid year for the industry and one that is above our expectations that we had at the beginning part of the year.

I can't say I'd be surprised if industry ran 17 million units in April. Would I be surprised if it ran at 18? Yes I would.

It appears the industry is running at a very strong rate, ... It's a very slight step down from the very blistering start we started the year with, but it's still a strong pace. There are legitimately headwinds, like higher energy prices and a general slowing of the economy. But we caution against overreacting to the headwinds.

We were down a little bit from where we expected to be, and the industry was a little softer than we expected it to be.

We expect pressures to remain for the present. We're not kidding ourselves. As we look at the current near-term outlook there's sluggishness out there. However, the long-term picture is not entirely negative. The fundamentals for economy remain very positive for the industry as a whole.

We expect pressures to remain for the present. We're not kidding ourselves, ... As we look at the current near-term outlook there's sluggishness out there. However, the long-term picture is not entirely negative. The fundamentals for economy remain very positive for the industry as a whole.

Everyone is going to remain aggressive in the marketplace, ... ...I think the industry as a whole is just grappling with pressure on pricing.

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.

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.