Why U.S. heavyweights are losing share to VW, Hyundai, others
- Fiat Chrysler may find perfect partner is from Asia
- Porsche boss Mueller, 62, says he's young enough to be VW Group CEO
- China and cutting CO2 tough tasks for incoming BMW CEO Krueger
- How Michelin may give Europe's SUV craze even more traction
- Why Land Rover leads among China's second-tier luxury brands
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.
Since setting a decade-long drive toward 1 million U.S. sales VW and Audi vehicles by 2018, the German automaker has opened a U.S. plant, expanded its Mexican plant and picked a Mexican site for a future Audi plant. Not only has the group's U.S. market share jumped to 3.8 percent so far this year from 2.6 percent in 2008, its seven-month volume already exceeds the 2008 calendar year total.
The Global Monthly is published in PDF form and it can be customized, downloaded and read from a desktop computer, tablet or e-reader.
Backed by an international team of 50 editors and reporters, the Global Monthly offers a strong editorial voice from Automotive News Europe and its sister publications, Automotive News and Automotive News China.
Subscribers can customize their Global Monthly by adding additional articles or data tables in a PDF format from the archives of the Automotive News Group.
Click here for more
You can reach Jesse Snyder at firstname.lastname@example.org.