Why U.S. heavyweights are losing share to VW, Hyundai, others
|Jesse Snyder is senior writer at Automotive News.|
July U.S. auto sales look like a simple story: Toyota and Honda recapture market share that they lost to General Motors and Ford a year ago when their post-earthquake stocks were depleted.
But that masks a longer trend in the U.S. light-vehicle sales arena. Since July 2010, GM, Ford and Japan's Big 2 have lost a combined 4.6 points of market share. Most of that lost share was snapped up by Volkswagen, Chrysler, Hyundai-Kia and Nissan.
And nobody is growing faster than Volkswagen Group of America.
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