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At that point, North America will represent less than 20 percent of world capacity, down from 25 percent of output in 2005, and more than 30 percent as recently as the turn of the century. - Carlos Gomes Quotes

At that point, North America will represent less than 20 percent of world capacity, down from 25 percent of output in 2005, and more than 30 percent as recently as the turn of the century.

In recent months, both General Motors and Ford have announced plans to close numerous facilities, eliminating roughly 2.4 million units of North American capacity through 2008. We estimate that once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005. - Carlos Gomes Quotes

In recent months, both General Motors and Ford have announced plans to close numerous facilities, eliminating roughly 2.4 million units of North American capacity through 2008. We estimate that once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005.

Household income in India is advancing at a double-digit pace and estimates suggest that 24 million households will be able to afford a new car by 2007. - Carlos Gomes Quotes

Household income in India is advancing at a double-digit pace and estimates suggest that 24 million households will be able to afford a new car by 2007.

Buzz does understand the nature of the industry, and he certainly knows that there's no way they can get the 4 or 5% gains they had previously. The difficulty that this industry is facing, it just isn't possible. - Carlos Gomes Quotes

Buzz does understand the nature of the industry, and he certainly knows that there's no way they can get the 4 or 5% gains they had previously. The difficulty that this industry is facing, it just isn't possible.

Energy and interest costs now absorb a record one-quarter of overall household disposable income. - Carlos Gomes Quotes

Energy and interest costs now absorb a record one-quarter of overall household disposable income.

Going forward, [sales] volumes will be dampened by high gasoline prices and other energy costs, now absorbing a record share of disposable income. - Carlos Gomes Quotes

Going forward, [sales] volumes will be dampened by high gasoline prices and other energy costs, now absorbing a record share of disposable income.

We moved down to 16.3 million in North America in '05, and I'm expecting about 16 million for 2006, so that's probably one of the main reasons. - Carlos Gomes Quotes

We moved down to 16.3 million in North America in '05, and I'm expecting about 16 million for 2006, so that's probably one of the main reasons.

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes - accounting for nearly two-thirds of all purchases in the province - will continue to lead the way. Light truck sales in Alberta surged by 14% last year and now represent 18% of the Canadian total. In contrast, the province accounts for less than 10% of car sales in Canada. - Carlos Gomes Quotes

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes - accounting for nearly two-thirds of all purchases in the province - will continue to lead the way. Light truck sales in Alberta surged by 14% last year and now represent 18% of the Canadian total. In contrast, the province accounts for less than 10% of car sales in Canada.

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes Ã¢â¬â accounting for nearly two-thirds of all purchases in the province Ã¢â¬â will continue to lead the way. Light truck sales in Alberta surged by 14 percent last year and now represent 18 percent of the Canadian total. In contrast, the province accounts for less than 10 percent of car sales in Canada. - Carlos Gomes Quotes

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes Ã¢â¬â accounting for nearly two-thirds of all purchases in the province Ã¢â¬â will continue to lead the way. Light truck sales in Alberta surged by 14 percent last year and now represent 18 percent of the Canadian total. In contrast, the province accounts for less than 10 percent of car sales in Canada.

B.C. is a very diversified economy, with strength in the high-tech industries, expanding natural gas and base metal sectors and booming non-residential construction. However, slowing exports in the province's key forest products sector will likely hold back gains in employment and vehicle sales in 2006. - Carlos Gomes Quotes

B.C. is a very diversified economy, with strength in the high-tech industries, expanding natural gas and base metal sectors and booming non-residential construction. However, slowing exports in the province's key forest products sector will likely hold back gains in employment and vehicle sales in 2006.

BC is a very diversified economy, with strength in the high-tech industries, expanding natural gas and base metal sectors and booming non-residential construction. However, slowing exports in the province's key forest products sector will likely hold back gains in employment and vehicle sales in 2006. - Carlos Gomes Quotes

BC is a very diversified economy, with strength in the high-tech industries, expanding natural gas and base metal sectors and booming non-residential construction. However, slowing exports in the province's key forest products sector will likely hold back gains in employment and vehicle sales in 2006.

In Ontario, job losses in manufacturing have accelerated in recent months alongside announced layoffs in the key auto sector. However, Ontario's economy is well diversified and strength in the service sector, which accounts for more than 70% of overall employment and economic activity, should support vehicle sales of about 590,000 units in 2006 - in line with the average of the past two years. - Carlos Gomes Quotes

In Ontario, job losses in manufacturing have accelerated in recent months alongside announced layoffs in the key auto sector. However, Ontario's economy is well diversified and strength in the service sector, which accounts for more than 70% of overall employment and economic activity, should support vehicle sales of about 590,000 units in 2006 - in line with the average of the past two years.

Once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005. - Carlos Gomes Quotes

Once these restructuring initiatives are complete, North American capacity for the 'traditional' Big Three will likely drop below 10 million units, down from over 12.5 million in 2005.

In Ontario, job losses in manufacturing have accelerated in recent months alongside announced layoffs in the key auto sector. However, Ontario's economy is well diversified and strength in the service sector, which accounts for more than 70 percent of overall employment and economic activity, should support vehicle sales of about 590,000 units in 2006 - in line with the average of the past two years. - Carlos Gomes Quotes

In Ontario, job losses in manufacturing have accelerated in recent months alongside announced layoffs in the key auto sector. However, Ontario's economy is well diversified and strength in the service sector, which accounts for more than 70 percent of overall employment and economic activity, should support vehicle sales of about 590,000 units in 2006 - in line with the average of the past two years.

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes accounting for nearly two-thirds of all purchases in the province will continue to lead the way. Light truck sales in Alberta surged by 14 percent last year and now represent 18 percent of the Canadian total. In contrast, the province accounts for less than 10 percent of car sales in Canada. - Carlos Gomes Quotes

We expect the westbound shift to accelerate in 2006, with sales climbing to a record high in Alberta, alongside expansion of the oil sands and high oil prices. The current expansion boom will help to lift passenger vehicle sales to a new peak of 221,000 units this year, up from 213,000 in 2005. Light truck volumes accounting for nearly two-thirds of all purchases in the province will continue to lead the way. Light truck sales in Alberta surged by 14 percent last year and now represent 18 percent of the Canadian total. In contrast, the province accounts for less than 10 percent of car sales in Canada.

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