Jane Liu
Jane Liu
competition higher introduced market models net price pushing
New models are being introduced at higher price points, but the competitiveness of the market is dramatically pushing down net prices.
domestic earn earned european far forecast january korean market numbers percent predicted sales share spending vehicle
While the domestics are still spending far more proportionally, the numbers are not as far off as they had been. Our January sales forecast predicted that domestic automakers earned approximately 54 percent market share of new vehicle sales, and that Japanese, European and Korean automakers would earn 35 percent, 6 percent and 5 percent, respectively.