Following are some of the notable quotes:
MIKE JACKSON, CEO, AUTONATION INC
I have seen a better mood at funerals, he told Reuters TV.
IRV MILLER, GROUP VICE PRESIDENT, TOYOTA MOTOR SALES USA
Last summer's $4-a-gallon gasoline was no anomaly. It was a brief glimpse of our future.
BEDA BOLZENIUS, AUTO BUSINESS PRESIDENT, JOHNSON CONTROLS
There was no carmaker CEO out there who has not stated it's completely impossible to predict what 2009 will be.
BOB NARDELLI, CEO, CHRYSLER LLC
We reduced layers, expanded job responsibility...no one around the table should read this as us trying to position it for sale, he said of Chrysler.
FINBARR O'NEILL, PRESIDENT, J.D. POWER AND ASSOCIATES
We believe we're near the bottom, or at the bottom. The market will come back, but it won't come back to where it was before, he said of 2009 U.S. auto sales.
Let's maintain our sense of humor folks. We're going to need it.
Somebody is the walking dead out there, he said of auto manufacturers.
BOB LUTZ, VICE CHAIRMAN, GENERAL MOTORS CORP GM.N
We all recognize we want to use less petroleum. The way you use less of something in the marketplace is to raise the prices. At some point, those who make rules have to recognize the fact.
On GM's wholly owned Saab unit:
Frankly they've been on GM life support. It's just an unending string of losses and the hope is always with the next generation of products they'll make money ... but when you look at the financial results it's just never happened.
TAMMY JONES, CHRYSLER EMPLOYEE AND UNITED AUTO WORKERSMEMBER
The concessions that Bush wants us to make are just a slap in our faces. People fought and died for our rights and we must fight to keep them.
BILL FORD, EXECUTIVE CHAIRMAN, FORD MOTOR CO
Right now as we see it we're comfortable, but we have asked for a line of credit just in case the world implodes as we know it, he said of U.S. government loans.
We are betting long term that fuel becomes dear and that energy independence becomes important not only to Americans, but people around the world. The bigger risk is to do nothing.
If we go ahead and launch these vehicles and there is no infrastructure to charge them, the utilities aren't on board and there isn't incentive for the customers ... we could launch these vehicles into dead space, he said of electric vehicles.
JIM MCDOWELL, VICE PRESIDENT, BMW'S MINI USA
It must be said that 2009 has not started out as the most optimistic of years, and a convertible is one of the most feel-happy products out there, he said at the introduction of a new convertible model.
MATTHIAS WISSMAN, PRESIDENT, GERMAN AUTO INDUSTRYASSOCIATION VDA
We, the German auto industry, have decided to use exactly this crisis to go on the offensive and win market share.
RICHARD COLLIVER, EXECUTIVE VICE PRESIDENT, HONDA AMERICA
We're not even forecasting because whatever we forecast, we would be wrong. If you look at the last 120 days, if that trend continues then we're looking at a significant reduction (from 2008).
DAVID CHAMPION, SENIOR DIRECTOR FOR AUTOMOTIVE TESTING,CONSUMER REPORTS
You reap what you sow. If you were at GM, Ford and Chrysler in the '80s and early '90s, their vehicles wereappalling in terms of product quality.
JAMES BELL, EDITOR, INTELLICHOICE.COM
Everyone needed to get over the fact that they're not No. 1 anymore, he said of GM. It's Toyota.
Ford got a lot of credit for not going to the well, but that's only because they already mortgaged their future, he said of last year's automaker government aid requests.
MASATAMI TAKIMOTO, EXECUTIVE VICE PRESIDENT, TOYOTA
In a way, we're back to where the industry was 100 years ago, when it was moving away from steam-powered cars and competing with horse-drawn carriages. But this time it will be a lot more difficult because we have carbon dioxide and other harmful emissions to worry about.
Toyota believes that in the long run we'll have small electric cars for short-distance driving, plug-in hybrids that run on biofuels for regular use, and on a bigger scale hydrogen fuel-cell cars will survive in the end game.
FRITZ HENDERSON, CHIEF OPERATING OFFICER, GM
People are wondering, 'Is the company going to make it? Is the company going to be viable?' Until we actually answer those questions more satisfactorily, we'll continue to have that kind of volatility.
LEWIS BOOTH, CHIEF FINANCIAL OFFICER, FORD
We still believe there is a good chance for a recovery starting in the second half.
PETER DELORENZO, PUBLISHER, AUTOEXTREMIST.COM
Ford is clearly distancing themselves from what I now refer to as the old Detroit Two.
There's kind of a Jekyll-and-Hyde thing going on with General Motors.
On Chrysler: I call it the dead car company walking despite Nardelli's pronouncements. There are too many serious problems hovering over Chrysler right now.
Being put under the microscope in Washington just opened a Pandora's box of attention on the Detroit automakers.
?Editing by Peter Bohan and Kevin Krolicki)