24 Quotes by Tom Libby

There are a couple of schools of thought on this,

Both Toyota and Honda have about the shortest turnaround times between model changes than anyone else in the industry. They replace a model now every five years or so.

American Honda is benefiting from positive reviews and word of mouth about its new Civic, as well as continued incremental sales of its Ridgeline midsize pickup. General Motors is also showing signs of life, as it out performed the industry for the first time in many months.

They don't seem to be able to make money there.

They are small, and one might think this is inconsequential but their numbers are creeping up. I don't think, based on what we know about Toyota, they should be ignored.

It seems like there's a lot of good initial buzz on this product.

Ford has had a gap for a long time between its Focus and its Five Hundred. Now ... it's apparently hit the sweet spot. It also helps that the Fusion has gotten extremely positive reviews in the automotive press.

It's one of the, if not the most competitive segments. You have high-volume brands, and a lot of their entries in that segment are flagship models.

It's somewhat surprising that they would come forward with a big incentive program at this time. Their pricing program seems to be getting some traction, and they're getting some momentum from their new models.