The average Buick buyer is 69, the oldest demographic in the industry, and there aren't many new buyers coming in to replace them.
More Quotes from George Peterson:
We've also discussed the possibility of a swimming pool at the school. Who knows. We are taking it one day at a time.George Peterson
They should continue to lose money. How much depends on how quickly they implement their turnaround plans, but they won't make money until they get their costs down to operate at above break-even levels, and they aren't at that point yet.
George Peterson
It took the Japanese 20 years to understand this market and build appropriate cars.
George Peterson
A lot of people have gone to the Japanese, and it'll be tough for the domestics to get them back.
George Peterson
When the time is right, we will make a statement, so I ask that you please give the family their space and privacy at this point.
George Peterson
It got to the point where he hurt Nielsen several times by accident, and he just backed off when he could have just taken the guy out. About the second round, I noticed Williams going down -- without a punch landing. He had anticipated the punch that never landed, and went down.
George Peterson
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