October wasn't a very good month for anybody. It was pretty much weak from the start and showed little improvement as the weeks progressed.
More Quotes from George Pipas:
If there was ever a time to try to make value pricing work, this is the time. If the economy was weak, and if you had a glut of old models, you wouldn't have a snowball's chance in hell of implementing value pricing.George Pipas
Once we get the rate of decline starting to narrow on a year-over-year basis, then we can be thinking about stabilizing. But right now we don't have that situation.
George Pipas
Our main contention here is that we do expect sales to fall off from these levels that are obviously quite high, and I think it's fair to say you can't maintain a sales rate which for the industry we estimate is going to be a at or near record levels, ... If you analyze this from a macro view, it's clear there is going to be payback from this program in the year ahead.
George Pipas
A 16 million sale rate is a rate we can live with, ... The transition period going from high point to low, that's always going to be difficult. There's a lot of white water, but it looks worse than it is.
George Pipas
We know the concept of 'pull-ahead' is a valid concept, but the question is, what's the magnitude.
George Pipas
We've put out our production plan for the third quarter that is something we feel like we can live with for the next three-month period.
George Pipas
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