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Letter "G" » George Peterson Quotes
«There are 64 million people in the U.S. who will be getting drivers' licenses in the next 10 years.»
«Toyota is kind of a scary mix of a hugely strong financial company and a great product development company supported by an excellent sales arm. They are really tough to stop.»
«It looks like a good third of people would consider a hybrid next time they buy.»
«They should continue to lose money. How much depends on how quickly they implement their turnaround plans, but they won't make money until they get their costs down to operate at above break-even levels, and they aren't at that point yet.»
«The challenge for these automakers will be to match the appeal of the Mini, ... That's a car you're proud to own and it's fun to drive, with tremendous visual appeal that strikes a chord with just about everyone.»
«It's what most savvy Fortune 500 chairmen would do. Everyone expected GM would look bad, and (GM Chairman Rick) Wagoner figured it couldn't look any worse so he pulled ahead bad news for 2006 into 2005.»
«GM and Ford restructuring programs are like water torture _ slow and deliberate changes when they need something more surgical and need to close plants even sooner to get production capacity down. But the UAW contract prevents it. The UAW agreed to some health care concessions, but they agreed to pay a few dollars when they haven't paid a dime in years.»
«You are probably talking a $10,000 per vehicle profit on a full-size Chevy Tahoe, $15,000 on the larger Chevy Suburban and $25,000 on the luxury Cadillac Escalade SUV. That's real money and a real contributor to GM losing money in the quarter.»
«It's absolutely what we'd have expected from Toyota. It's absolutely competitive.»
«Owners of recently purchased new cars and trucks will start receiving these surveys within a few days. With the recent economic issues and the surge of new products introduced in recent months, we're eager to see what car and truck owners have to say about their rides.»

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