24 Quotes by Tom Libby

We believe that prices have to actually get to $4 per gallon and remain there for one year for there to be a substantial shift.

There is definitely a movement downward. Everyone has been talking about the decline in big SUVs, but no one has really talked about this similar movement away from large luxury cars.

There is definitely a movement downward, ... Everyone has been talking about the decline in big SUVs, but no one has really talked about this similar movement away from large luxury cars.

If they were to switch back to incentives, frankly, it would undermine everything they've done.

For there to be a major shift in the industry, prices have to go well above $3 a gallon and remain there consistently. If you do the math it's still going to take many, many years to recoup your extra price through gas savings.

Some of the models -- the Ford Five Hundred, the Ford Freestyle -- were just being launched in October, ... The Chevy Cobalt is just hitting showrooms now.

Toyota, Honda and BMW continue to do well at the retail level. GM and Ford need to stop their retail share deterioration, and GM hopes their March madness campaign will help do that.

We believe at $3 a gallon there's not enough bite in a person's pocketbook to make a big difference,

The deal will fade, but the vehicle will be with you for years. Get something that you'll enjoy, that holds its value, because you'll have to live with it down the road.