TOKYO -- Japanese carmakers will bounce back quickly from the U.S. sales slump, winning increased market share over the next five years at the expense of distressed rivals such as General Motors Co., according to the latest forecasts by CSM Worldwide.
The top three Japanese automakers -- Toyota Motor Corp., Honda Motor Co. and Nissan Motor Co. -- will account for 39 percent of U.S. sales in 2015, compared with 35 percent today, the automotive consultancy forecast.
The scaled-back operations of a smaller GM and Chrysler Group will help the Japanese pick up share. Toyota, Honda and Nissan also are better positioned to take advantage of a shift toward small, fuel-efficient cars.
"They are really good at producing and selling those segments," said Yoshiaki Kawano, a CSM market analyst. "In North America, they can grab market share from GM and Chrysler."