Edmunds.com Sees Toyota Losing Market Share in Jan. as Industry Sales Expected to Rise YoY (TM, F, HMC)
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In a report from Edmunds.com today, the company sees Toyota Motors (NYSE: TM) losing even more market share while vehicle sales as a whole are expected to rise year-over-year.
Edmunds sees General Motors topping out the list of sales, with 146,590 units, and Hyundai at the bottom with 65,734. However, Hyundai and Nissan are expected to post their highest market shares in the U.S. ever.
Ford (NYSE: F) is expected to gain market share, which won't affect GM and Chrysler drops. Honda (NYSE: HMC) is also expected to get a market boost.
Edmunds sees General Motors topping out the list of sales, with 146,590 units, and Hyundai at the bottom with 65,734. However, Hyundai and Nissan are expected to post their highest market shares in the U.S. ever.
Ford (NYSE: F) is expected to gain market share, which won't affect GM and Chrysler drops. Honda (NYSE: HMC) is also expected to get a market boost.
Automakers | Feb. 2010 Vehicle Sale | % Change Y/Y | % Change M/M | Feb. '10 Market Share | Feb. '09 Market Share | Jan. '10 Market Share |
---|---|---|---|---|---|---|
GM | 147,000 | 16.2% | .2% | 18.7% | 18.4% | 21.0% |
Ford | 136,000 | 35.3% | 18.9% | 17.3% | 14.6% | 16.5% |
Toyota | 99,000 | -10.1% | -0.2% | 12.6% | 15.9% | 14.2% |
Honda | 89,000 | 24.1% | 31.6% | 11.3% | 10.4% | 9.7% |
Nissan | 75,000 | 38.1% | 19.7% | 9.5% | 7.9% | 9.0% |
Chrysler | 67,000 | -20.2% | 18.2% | 8.5% | 12.2% | 8.1% |
Hyundai | 66,000 | 24.7% | 24.9% | 8.4% | 7.7% | 7.6% |
Industry | 785,000 | 14.2% | 12.9% |
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