Bookmarking Auto on Info pages Home or Site Layout or Site Index or Quick Jumps or Search Engine Directory or The Mart Auto News, Analysis and EditorialIn 2002, the Big Three's U.S. Auto Sales Dropped; the Reliable Two's and Hyundai's Rose; the U.S. New Car Market Share Changed Little

 

Auto on Info  January 2003 qiioya  qiieieoo

In 2002, the Big Three's U.S. Auto Sales Dropped; the Reliable Two's and Hyundai's Rose; the U.S. New Car Market Share Changed Little

In 2002, General Motors' U.S. auto sales fell 1%, Ford's fell 9%, and Chrysler's fell 2%. In contrast, Toyota's U.S. auto sales rose 1%, Honda's rose 3%, and Hyundai's rose 8%. With regard to the auto manufacturers' 2002 market shares, GM's U.S. new car market share rose .01 - on Ford's big sales plunge, Ford's fell .02, and Toyota's, Honda's, Hyundai's, and Chrysler's remained unchanged, to the nearest second decimal place. The following table gives the historical market shares for these manufacturers.

 

Save for the market share loss by Ford that was larger than could have been projected by recent historical trends, and GM's consequent incremental improvement, all seems in accord with the multi-year shift toward reliability, durability, and value.

Source for 2002 data: Page A18 of the January 6, 2003, issue of the Wall Street Journal

 

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