This is the first year we have the Fusion in our lineup. So the prudent thing for Ford to do is lower Five Hundred production so we don't end up with an excess inventory of that car at year's end and be forced to sell Five Hundreds not bought by retail customers to daily rental fleets at a large discount. We'll probably sell fewer Five Hundreds in its second full year on the market than we did in its first full year.
More Quotes from George Pipas:
We're optimistic that we'll see more good news in these areas in coming months.George Pipas
While February was not a gold medal month, I think we definitely got back on the medals stand due to better-than-expected retail sales.
George Pipas
Ford's F-Series truck was up again to start the year. This product over the years and continuing into 2006 has really been rock-solid for us and really provides a lot of the profit and cash on a go-forward basis for our plans. So it's important that sales remain solid, and they are.
George Pipas
I can't think of a better time.
George Pipas
About the only thing I could say is I have expected and would expect our year-to-year decline to be more than the industry.
George Pipas
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.
George Pipas
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