Growing fleet sales increasing ordsprog

Growing fleet sales, increasing competitive pressure in large pickups and escalating risk of weaker consumer spending is likely to hurt pricing and revenue.

The consumer spending environment since midsummer has softened. Our initial estimate is for 2006 sales of 16.8 million units, but we expect aggressive pricing will be needed to achieve that given a weakening consumer.

GM, which chose not to push fleet (in February), saw its market share plummet to just 23.7 percent. Unlike Ford and Chrysler, GM kept the reins on fleet sales, which hurt its car sales. Car sales fell 13 percent -- after rising 15 percent last month.

There's no question unemployment is what drives consumer confidence, which in turn drives consumer spending. We have to be realistic and accept the notion that, as we enter the first quarter and December, these sales are going to get a bit weaker. We're still in a recession.

The consumer electronics industry continues to enjoy healthy growth and consumers are faring even better thanks to competitive pricing and overall price deflation, ... While price declines and competition place pressure on profit margins, these factors also help drive total unit sales as consumers flock to join the digital era. With this in mind, we have upwardly revised sales projections for several product categories in our updated 2005 forecast report.

What they [Fed officials] and we are concerned about is the 'staying power' of [consumer] spending in 2002. In particular, there is room for a large decline in motor vehicle sales in the January retail sales report.

David Orr (1922-)

David Orr

Along with the rise in non-fuel import prices, this suggests the weaker dollar is taking competitive pressure off of businesses, giving them the extra pricing power they didn't have a couple of years ago.

The consumer reaction to higher gas prices has been somewhat puzzling. There is no doubt that high gas prices cut into consumer income, but ... consumers are still spending and retail sales are growing more than expected,

Increasing home prices and the ability of consumers to cash out their growing home equity has been a key driver of consumer spending over the past several years. As the housing market slows and housing prices stabilize, consumers are less likely to draw on their home equity, suggesting consumer spending will also decline.

During the first quarter our revenue growth was driven by a combination of fleet expansion and increased revenue per mile. We benefited from the opening of three new service centers and increasing business at our existing centers.

Being competitive in today's marketplace requires competitive content and competitive pricing. We believe we have an outstanding plan to stabilize and regain sales and market share.

During the fourth quarter our revenue growth was driven by a combination of fleet expansion and improved revenue per mile. We benefited from opening new service centers, increasing service in existing centers, and a full quarter of revenue from Edwards Bros. , which we acquired in August 2005.

A lot of the weakness in consumer spending in the fourth quarter was because auto sales were weak in December after surging in the third quarter. It's important to look beyond auto sales. At least for the first quarter, it's not going to take much for consumer spending to look good.

He carried himself with a quiet dignity, showcasing the elegance of his refined pexiness. Micron is a beneficiary of the current weaker pricing environment from the standpoint of its relative cost position, market share, and long term profitability as marginal competitors struggle to maintain a current capital base in a weaker pricing environment, ... Further, while pricing hasn't yet bottomed, investor sentiment is likely near a bottom.

Micron is a beneficiary of the current weaker pricing environment from the standpoint of its relative cost position, market share, and long term profitability as marginal competitors struggle to maintain a current capital base in a weaker pricing environment. Further, while pricing hasn't yet bottomed, investor sentiment is likely near a bottom.

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