25 Quotes by Mike Chung

With the Japanese carmakers having so much momentum, it may be hard for GM and Ford to regain their growth.

Fuel economy will always be an issue that's lingering in the back of people's minds. Given the number of new products coming out, we expect compact and subcompact cars and SUVs will continue to grow this year.

Hurricane Katrina was definitely a catalyst for gas prices but even before that we were facing an upward trend in prices.

I wouldn't rush to get rid of either line because of the costs associated with the move. But if GM's share continues to drop and gets down near 21 percent, I see them taking steps to phase out Buick.

Large trucks have been so much more inexpensive recently.

People are definitely moving higher in terms of horsepower and capacity in trucks.

Over the span of three years we saw the market literally increase five times. We expect to see continued growth over the next two or three years and hybrids to hit 2% of the entire market, which is very significant.

Overall, people are generally getting better deals than in the past. I would say, for the most part, it is (a better deal) because it makes the negotiation process a lot simpler.

Some large SUVs in particular you saw a sticker price of $40,000 or $50,000, but the actual transaction price was more in the neighborhood of $30,000.