GM's success earlier this summer has really taken its toll on inventory levels for several models, limiting their ability to have another terrific month, ... And there appears to be relatively little momentum left in GM's employee discount incentive program now that it is in its third month.
More Quotes from Jesse Toprak:
Just three years ago, people ignored the fuel economy numbers on the sticker. Now it's one of the first things people ask about, especially the middle-income families.Jesse Toprak
Their estimate may actually be a bit conservative. A more realistic number may be 9.2 million. We've got GM at right under 9 million.
Jesse Toprak
A total price in the low 20,000 range, I think, opens the door to the mass market.
Jesse Toprak
They basically want to lower the sticker price closer to transaction price and lower the incentive, but not get rid of it altogether. Whenever there are large rebates, it has impact on perception, on customer attitudes and an impact on resale value.
Jesse Toprak
This is a total shift. Five years ago they wouldn't have even asked. It's not crisis mode ... but I think if people are ready to buy a new vehicle, they will seriously consider something that is gas efficient.
Jesse Toprak
Readers Who Like This Quotation Also Like:
Based on Keywords: discount, gms, inventoryGenius always gives its best at first; prudence, at last.
Lucius Annaeus Seneca
To be a champion you must act like one, act like a champion.
Lou Ferrigno
Influence, people think about it as someone you like but influence is also what you're revolted by. In fact, often it's what you're running away from.
Marc Ribot