Tom Libby
Tom Libby
anyone both changes five honda model replace shortest toyota turnaround
Both Toyota and Honda have about the shortest turnaround times between model changes than anyone else in the industry. They replace a model now every five years or so.
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.
couple schools
There are a couple of schools of thought on this,
benefit consumer fact great honda keeps looking market positive product refreshing sort toyota
It keeps Honda and Toyota sort of looking at Nissan. The fact that Nissan is refreshing their product periodically keeps Honda and Toyota on their toes. It keeps that market very competitive. I think it's a positive for Nissan and a positive for the whole segment. The benefit is the consumer has a lot of great choices.
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.
above extra gallon gas major math prices remain shift
For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings.
switch undermine
If they were to switch back to incentives, frankly, it would undermine everything they've done.
bmw campaign continue ford gm help honda hopes madness march retail share stop
Toyota, Honda and BMW continue to do well at the retail level. GM and Ford need to stop their retail share deterioration, and GM hopes their March madness campaign will help do that.
deal holds vehicle
The deal will fade, but the vehicle will be with you for years. Get something that you'll enjoy, that holds its value, because you'll have to live with it down the road.
believe bite gallon pocketbook
We believe at $3 a gallon there's not enough bite in a person's pocketbook to make a big difference,
continued general honda industry mouth performed positive reviews sales showing signs time word
American Honda is benefiting from positive reviews and word of mouth about its new Civic, as well as continued incremental sales of its Ridgeline midsize pickup. General Motors is also showing signs of life, as it out performed the industry for the first time in many months.
money seem
They don't seem to be able to make money there.