For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings. - Tom Libby Quotes
For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings. Tom Libby
 

More - Tom Libby Quotes

The price premium is eventually going to have to be adjusted. It looks like they're pushing against a threshold. - Tom Libby Quotes

The price premium is eventually going to have to be adjusted. It looks like they're pushing against a threshold.

Tom Libby

 
Even with the lower net pricing, the transaction price is creeping up in the broad sense. There is movement (by buyers) from one segment to another. And the brands have added new models, and those new models are priced in the upper range of the brand. - Tom Libby Quotes

Even with the lower net pricing, the transaction price is creeping up in the broad sense. There is movement (by buyers) from one segment to another. And the brands have added new models, and those new models are priced in the upper range of the brand.

Tom Libby

 
So far, the perceived gas price increases have not had any discernible impact on new-vehicle buying patterns, at least with regard to the size of the engine. - Tom Libby Quotes

So far, the perceived gas price increases have not had any discernible impact on new-vehicle buying patterns, at least with regard to the size of the engine.

Tom Libby

 
It's going to be small. New Orleans is not a major metro [area]. - Tom Libby Quotes

It's going to be small. New Orleans is not a major metro [area].

Tom Libby

 
Its reputation was based on customer satisfaction. Now they're adding this new dimension, which is styling. They have a challenge in doing both. I hope they will maintain a focus on customer relations because they've established that. - Tom Libby Quotes

Its reputation was based on customer satisfaction. Now they're adding this new dimension, which is styling. They have a challenge in doing both. I hope they will maintain a focus on customer relations because they've established that.

Tom Libby

 
The incentive data include 13 different types of incentives and includes lease incentives. It is very comprehensive. - Tom Libby Quotes

The incentive data include 13 different types of incentives and includes lease incentives. It is very comprehensive.

Tom Libby

 
It's one of the, if not the most competitive segments. You have high-volume brands, and a lot of their entries in that segment are flagship models. - Tom Libby Quotes

It's one of the, if not the most competitive segments. You have high-volume brands, and a lot of their entries in that segment are flagship models.

Tom Libby

 
Brands want to be in this segment because if the brand can sell a compact car to a young customer, the nameplate can then potentially keep that customer for life, - Tom Libby Quotes

Brands want to be in this segment because if the brand can sell a compact car to a young customer, the nameplate can then potentially keep that customer for life,

Tom Libby

 
Brands want to be in this segment because if the brand can sell a compact car to a young customer, the nameplate can then potentially keep that customer for life. - Tom Libby Quotes

Brands want to be in this segment because if the brand can sell a compact car to a young customer, the nameplate can then potentially keep that customer for life.

Tom Libby

 
Toyota, Honda and BMW continue to do well at the retail level. GM and Ford need to stop their retail share deterioration, and GM hopes their March madness campaign will help do that. - Tom Libby Quotes

Toyota, Honda and BMW continue to do well at the retail level. GM and Ford need to stop their retail share deterioration, and GM hopes their March madness campaign will help do that.

Tom Libby

 
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