Bob Schnorbus Quotes, Quotations, and Sayings

10 Famous Quotes by Bob Schnorbus
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“Simply put, if the '03 had high incentives earlier this year before the clearance started, then the '04 are likely to have it sooner rather than later. The automakers want to give the '04 a trial period to see how they move without incentives. But they won't wait long, maybe only a month.”
Miscellaneous Quotes
“GM's retail market share is off to a slow start, but should finish the month somewhat higher than its mid-month estimate. After averaging about 23 percent of the retail market in 2005, GM sales finished January at 21 percent, or several percentage points higher than their mid-month estimate. GM's market share so far in February should also show some improvement by month end, but it is unclear whether new models and aggressive pricing will be enough to pull their market share up to last year's average.”
Miscellaneous Quotes
“The current incentive levels are not quite as high as they were at the end of last year. In the sense they have been higher, they probably could go up going forward. The price pressure are obviously going to remain very intense. But that said, they're not going to rise dramatically. They're already very good.”
Miscellaneous Quotes
“At least some of the problem is the artificially high sales last year, which is making this year's sales look a lot lower than they should.”
Miscellaneous Quotes
“We had been projecting an (annual) sales rate of 16 million vehicles in September. If I take out a third of sales for only a two week period, you still come out with an eye-popping 13.3 million sales rate; 13.3 million is about as low as sales ever get.”
Miscellaneous Quotes
“I think the incentives are going to continue to be necessary. If you don't play the incentive game, you'll lose market share. At least in the first half of the year, even in the best case scenario you're just coming out of the recession, you'll need the support of incentives to maintain sales.”
Miscellaneous Quotes
“I think incentives have been a concern for some time now as they impact margins. With GM pushing hard on incentives to boost their volume, it's pulling everyone kicking and screaming into the game whether they like it or not.”
Miscellaneous Quotes
“If we get a big kick start to the quarter with a strong April, that could offset us being a bit weaker than we expected to be in the first quarter.”
Miscellaneous Quotes
“The general consensus (on 2004 sales) is 17 million. If manufacturers come on strong with incentives, it'll easily be 17 million. If they pull back -- and there's been a lot of discussion of them pulling back -- it could be 16.5.”
Miscellaneous Quotes
“Consumers are going to increasingly weigh the importance of fuel efficiency. But if they need, in their minds, an SUV, they are going to find a way to stay in that vehicle. They'll still look for big engines, towing capacity, cargo space.”
Miscellaneous Quotes
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