Word: autodata
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...your rearview mirror may be closer than they appear. Whereas GM, Ford and DaimlerChrysler posted a record-low monthly U.S. market share of 56.3% in April, Japan's Big Three (Toyota, Honda and Nissan) led Asia's automakers to a record 37.5% share, according to market-research firm Autodata Corp. "The Japanese are moving into new segments [like hybrids and small SUVs], while the Americans are struggling to update their aging product lines," says Nikko Citigroup analyst Andrew Phillips. At the head of the pack: Nissan, with a 32% gain in sales compared with April 2004. --By Jim Frederick/Tokyo
Here's my view: the auto cycle is nearing an end. SUV sales in the first half of the year were up 11.2%, vs. an increase of 18.4% in the first half of 1998, reports a research firm, Autodata. If the trend holds, this will mark the slowest growth for SUVs in years. That puts profits under pressure because it takes three sedans to generate the profit...
...Three won't U-turn away from big anytime soon. Last year sales of SUVs were up 32.4%, and truck sales of all types rose 4.5%. Passenger-car sales, in contrast, dropped 2.7%, according to Autodata Corp. of Woodcliff Lake, N.J. In that kind of market, the new Beetle is already living up to its far-out image...
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