This quote was made by a Ford salesman in reference to the amazing new Model A automobile which debuted on December 2, 1927. In fact, there was so much hype surrounding the new car's roll out that almost one million New Yorkers flocked to the Ford show room to see it. One of the cutting edge new design elements was the choice of two colors: Arabian Sand or Niagara Blue. The Model T had only come in one color, black, so this was a big deal. Clearly, the Ford salesman from the quote believes in the Model A's luxurious features, performance, and handling.
I found your quote in:
Boardman, Barrington. Flappers, Bootleggers, "Typhoid Mary," and the Bomb: An Anecdocal History of the U.S. from 1923-1945. New York: Harper Collins, 1989.