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2011 is shaping up to be the first year since 1988 in which Detroit's "Big 3" automakers...

2011 is shaping up to be the first year since 1988 in which Detroit's "Big 3" automakers increased their U.S. share. According to Autodata, GM, Ford (F), and Chrysler (FIATY.PK) accounted for 47.2% of U.S. auto sales through November, up from 45.1% last year. The effects of Japan's earthquake/tsunami played a role, but so did the popularity of new, fuel-efficient cars such as the Chevy Cruze and Ford Fiesta.
Comments (4)
  • nafar
    , contributor
    Comments (217) | Send Message
     
    That's good if the major sales is due to fuel efficient cars and not due to limitation of Toyota to make cars after the Tsunami.
    12 Dec 2011, 05:45 PM Reply Like
  • Dr. V
    , contributor
    Comments (1179) | Send Message
     
    After the unethical methods with which Toyota slapped cars together as quickly as they could, just to say they produced more cars, and people have actually died from driving those cars, you want us to cry for them (Toyota) because they got hit by a tsunami?

     

    That's Karma.

     

    As opposed to German Car Manufacturers who lie and tell us they have record numbers in sales/production? Any investor knows steel production is down 20% in Germany, keep telling us you're building more cars, with what, plastic? It doesn't pass the logic test. Last year, VW said they had a 49% increase in production, account for several hundred Billion Euros in revenue, but it appeared nowhere in their balance sheet?

     

    I spoke with VW Investor Relations 4 weeks ago after reading in the German Press that VW was now the world's #1 Auto Maker.

     

    Total bullsh*t just as we suspected.

     

    Those ratings come out only one (1) time a year, in July. GM is currently #1.

     

    According to Investor Relations Mgt. at VW, "VW is not #1 in anything, that is a complete lie, which paper did you read it in?"

     

    Handelsblatt, the "most accurate German Business news", yeah right.
    13 Dec 2011, 03:19 AM Reply Like
  • HiSpeed
    , contributor
    Comments (1063) | Send Message
     
    The people will buy whichever product they perceive to have the best value. It's good to see that US auto mfrs CAN compete!
    12 Dec 2011, 10:04 PM Reply Like
  • mvojy
    , contributor
    Comments (4) | Send Message
     
    As long as US carmakers can keep their costs down they have a real chance of taking control of the US auto sales. Rising demand and rising costs to the asian automakers should help GM and Ford boost their worldwide sales.
    15 Dec 2011, 06:41 PM Reply Like
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