FastSaying
I think people are adjusting mentally to higher fuel prices.
Joe Phillippi
People
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They represent a big bet and are their bread-and-butter vehicles.
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Maybe not a lot, but whatever the savings it will help the bottom line.
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Even though they'll be value priced, they'll still carry hefty profit margins. They'll have better fuel economy and should do well. The market will be smaller, but it's still a big market.
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While we are not bullish on the outlook for GM's auto business, we believe the worse it gets, the sooner Hughes will be divested.
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[Sales of SUVs especially] have been taking it on the chin, ... That phenomenon has pretty much run its course. They powered the industry for close to 10 years.
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