80 Quotes by Paul Ballew
- Author Paul Ballew
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We expect pressures to remain for the present. We're not kidding ourselves, ... As we look at the current near-term outlook there's sluggishness out there. However, the long-term picture is not entirely negative. The fundamentals for economy remain very positive for the industry as a whole.
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We're going to be down in the second quarter and the back end of the year.
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Our thought process is that this is truly the pause that refreshes. We expect to see improvement in the spring, ... Inventories are a bit higher than we'd like, but that doesn't mean we're treating it as a crisis.
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April is off to a decent start. I caution everyone that it is early, very early, but we like the start.
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The bottom line for us is the utility market remains the largest category in the industry. We are anticipating we will maintain our share of a stable market that is still very profitable.
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As part of our restructuring plan, we need to build strong brands.
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You need a favorable cost structure to make these profitable, ... The transaction price will be the in low teens. This is a price sensitive area.
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This is not where we want to be, but we knew it would be a very challenging start to the year. We need to pickup our sales pace going forward.
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This is the first and most important market for any vehicle manufacturer. It's not our plan to cede market share in the U.S. market.
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