Foreign brands dominating U.S. market
Auto Service World
AUGUST 29, 2024
As the vehicles in operation (VIO) increased by about 15 per cent between 2013-2023 in the United States, domestic nameplates suffered a sharp decline in share. Domestic nameplate cars were hit hard as their VIO share fell from about 20 per cent to less than 12 per cent between 2013-2022, Lang reported. Foreign nameplates topped 5.5
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