Top 5 Biggest Automotive remember: The short list
The automotive industry 5 largest market U S Share Shifts in 2013.
The strength of the US auto market is often used as a barometer of the economy in general, if sales are bad, as they were in the wake of the financial crisis, the economy usually hurt when sales are good, as they were in 2013, the economy is generally good total light vehicle sales increased by 7 6 percent in 2013, finishing just 6 million over 15 It was the best year sales in six years, born on the back of relatively cheap credit and a consumer increasingly healthy and confident.
A rising tide, however, doesn t necessarily lift all boats also behind the title number are the major car manufacturers involved in the US market, some of which have gained market in 2013 share and some lost market share the biggest players in this field are General Motors NYSE GM, with 17 9 percent market share, Ford NYSE F with 15 9 percent market share, Chrysler with 11 5 percent market share, and Toyota NYSE TM, with 14 3 percent market share.
As a group, the Detroit Three has only gained about 0 5 percent market share in 2013, while the share of Toyota actually fell 0 1 percent, but many companies make up the US market for automotive and changes experienced in 2013 the five carmakers who have experienced the biggest changes in their applications in the US market.
Hyundai's US market share dropped 4 9 percent in 2012 to 4 6 percent in 2013. The Korean automaker has seen a fair share of success with the Elantra, which at 17.200 and 247.912 sales was one of the most popular cars in America in 2013, but the overall sales end of the day suffered at the expense of competitors.
Recently released by Hyundai and Kia executives combined growth ankles sales 4 1 percent in 2014, below analyst expectations of around EUR 8 million in the heart of the lower than expected outlook projection was, perhaps unsurprisingly , emit strong currency Korean won is competing with a weakening increasingly the Japanese yen in the international markets, which gives Japanese manufacturers a price advantage when their vehicles are crossed with Kia and Hyundai shopped units.
Hyundai is joining U S from Kia Kia's market fell by 3 8 percent in 2012 to 3 4 percent in 2013, and has had a bad year for most of the same reasons that Hyundai had a bad year.
It is important to note that Korean automakers weren t the only foreign companies that are experiencing difficulties in the US market in 2013 As reported, Toyota's market share contracted by 0 1 percentage point When the dust settled in 2013, US and European automakers, hungry to recover from the recession, exceeded sales of their foreign competitors.
Seems slow and steady to be the mantra Subaru reputation of the company for the production of reliable, affordable and quality vehicles has enabled it to expand its market for US market share 0 4 percentage points Subaru US share has increased by 2 3 percent in 2012-2 7 percent in 2013.
With an entry price of 18,000 Subaru Impreza premium is considered one of the best buys in 2013.
Experience severe headwinds in Europe, the share of Volkswagen U S market in 2013 decreased U S from the German automaker market rose from 3 percent in 2012 0 2 6 percent in 2013.
It wasn t all bad for Volkswagen in 2013, although Volkswagen has lost some ground in the US, but it can have more than offset the loss in foreign markets such as China Automaker gives GM a serious run for money in China, where it could become the sales leader in the near future.
Ford increased its US market share as a car manufacturer, increased its market demand 15 5 percent in 2012 to 15 9 percent in 2013 was born the success in recent years the company behind the leading vehicles like the F-Series and Fusion.
However, to reach a greater number of consumers around the world, Ford is betting that small cheap cars like the Fiesta and Ka become increasingly popular smaller and cheaper cars will help to fight against a drift prices that has pushed some consumers on a budget, both in the US and abroad.
5 The biggest U Auto Industry, automobile industry, the largest.