Foreign brands dominating U.S. market
Auto Service World
AUGUST 29, 2024
“This was caused by the combination of weak new vehicle sales of domestic nameplates and their disproportionate share of the car and light truck annual scrappage,” Lang said in its report, Foreign Nameplates Dominate the Aftermarket. By 2023, domestic nameplates held less than half of the VIO share, down from more than 60 per cent in 2013.
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