People still have to go to work and go to school, ... And if it's a short-term reaction, you can adjust your discretionary driving, as in whether you go to a movie or watch HBO.
More Quotes from Walter McManus:
Frankly, the portfolios they have were designed for 1.50 a gallon gasoline. So they're going to have trouble. The longer prices stay high, the harder it will be to sell S.U.V.'s.Walter McManus
People have burned SUVs, ... Nobody's done that to a hybrid - yet. But if they keep giving special privileges to one type of vehicle, there could be a backlash.
Walter McManus
Hard to see where you can make a change that will save as much as they need to save,
Walter McManus
It's going to take a long time. You've got 225 million vehicles out there. It's about 15 years to turn over the fleet.
Walter McManus
This is like putting lipstick on a pig. They're a higher-cost producer than most of their competition. To be the low-price leader, you really need to be the low-cost producer as well.
Walter McManus
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