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Peter Nesvold Quotes

While fleet sales have been cushioning the blow of weak retail sales, particularly for Ford and Chrysler in February, the Big Three have been promising to de-emphasize this side of the business and headline numbers could suffer as a result. - Peter Nesvold

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Fleet | Sales | Cushioning | Blow | Weak |

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To the extent we detect rapid awareness in the marketplace, we are cautiously optimistic on the company's 2006 prospects. However, if momentum builds more gradually, we believe sentiment is likely to erode further before it improves. - Peter Nesvold

Arguably, Ford and GM are swapping incentives for higher ad spending and lower sticker prices. Longer term, we view this as a positive. - Peter Nesvold

We continue to expect sentiment to worsen until GM/Delphi/UAW reach a three- way deal, which we believe would also greatly facilitate a GMAC sale. - Peter Nesvold

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