Jump to content
News
Reviews
Discussons
Activity
Create New...
Close
  • William Maley
    William Maley

    By William Maley •

    U.S. Automakers Seen Losing Market Share This Upcoming Year

    William Maley

    Editor/Reporter - CheersandGears.com

    February 1, 2012

    2011 was a good year for the domestics. Chrysler, Ford, and General Motors saw their market share grow. But, a new report from Bloomberg says the Big Three could see a drop in 2012.

    Sales for 2012 are expected to grow from 12.8 million vehicles last year to 13.6 million, but competition from the Koreans and a recovery of the Japanese automakers mean those sales sales aren't likely headed to the Big Three.

    Bloomberg asked five analysts to predict market share for automakers in 2012 and their predictions put the U.S automakers losing 1.3% for 2012. Analysts see GM dropping 0.6%, Ford dropping 0.5%, and Chrysler dropping 0.2%. Analysts also see Toyota growing 0.9%, Honda gaining 0.5%, and Hyundai and Kia growing 0.01%.

    Source: Bloomberg

    Go to articles

    User Feedback

    Recommended Comments

    G. David Felt

    I would not totally say this is wrong but I do not think it is right either. Many people are realizing that the Americans are building quality auto's and at least here in the Seattle market, I hear more and more people talk about supporting america, by buying american products including auto's.

    This will be an interesting year. I think the US auto market could really take this to heart and run strong to keep the gains they have made.

    Link to comment
    Share on other sites
    G. David Felt

    About the only prediction I see as quite likely is growth in market share for Toyota, what with the new Camry and the two new Prius models.

    I can understand this, but I have yet to figure out why people like the uncomfortable, ugly and no room Prius. It just makes no sense to me.

    Link to comment
    Share on other sites
    daves87rs

    While I don't see auto sales growing in general, I don't see the big three losing share either.

    Toyota has nothing going on, and Honda is still reeling from the beating it is taking on the new Civic....

    Link to comment
    Share on other sites


    Join the conversation

    You can post now and register later. If you have an account, sign in now to post with your account.
    Note: Your post will require moderator approval before it will be visible.

    Guest
    Add a comment...

    ×   Pasted as rich text.   Paste as plain text instead

      Only 75 emoji are allowed.

    ×   Your link has been automatically embedded.   Display as a link instead

    ×   Your previous content has been restored.   Clear editor

    ×   You cannot paste images directly. Upload or insert images from URL.

    ×

  • google-news-icon.png



×
×
  • Create New...

Hey there, we noticed you're using an ad-blocker. We're a small site that is supported by ads or subscriptions. We rely on these to pay for server costs and vehicle reviews.  Please consider whitelisting us in your ad-blocker, or if you really like what you see, you can pick up one of our subscriptions for just $1.75 a month or $15 a year. It may not seem like a lot, but it goes a long way to help support real, honest content, that isn't generated by an AI bot.

See you out there.

Drew
Editor-in-Chief

I've whitelisted
Continue without support

Write what you are looking for and press enter or click the search icon to begin your search