The auto mart is witnessing a churn, one where the US companies continue to suffer sever erosion in sales even as Japanese brands are gaining strength month by month, model by model.
June was no different. If we look at the sales figures made public by prominent US motor companies, big American icons General Motors and Ford lost further ground, whereas Toyota, Nissan and Honda all gained. However, overall vehicle sales across almost every major world market have sputtered, either due to high gas prices or interest rates.
Source: http://auto.indiatimes.com/quickies/2182657.cms
June was no different. If we look at the sales figures made public by prominent US motor companies, big American icons General Motors and Ford lost further ground, whereas Toyota, Nissan and Honda all gained. However, overall vehicle sales across almost every major world market have sputtered, either due to high gas prices or interest rates.
Source: http://auto.indiatimes.com/quickies/2182657.cms