By Shawn Molnar, Autoblog.com - While monthly sales figures might be an easy way of tracking the progression of the auto industry and individual automakers, looking at market share might be more indicative of how each company is actually standing up against its competitors. For the Detroit Three automakers, they have collectively lost almost 30 per cent of the market over the last 20 years, but now, for the first time since 1993, Ford, General Motors and Chrysler have each posted market share gains at the same time.
According to Automotive News, Ford's share increased the most by 0.7 per cent, GM was up 0.5 per cent and Chrysler rose marginally by 0.2 per cent, giving the Detroit automakers a total market share of 45.6 per cent. As for Japan's Big Three, the article reports that Toyota is up by 0.7 per cent, Nissan is down the same amount and Honda has seen "little change".
According to Automotive News, Ford's share increased the most by 0.7 per cent, GM was up 0.5 per cent and Chrysler rose marginally by 0.2 per cent, giving the Detroit automakers a total market share of 45.6 per cent. As for Japan's Big Three, the article reports that Toyota is up by 0.7 per cent, Nissan is down the same amount and Honda has seen "little change".
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