General Motors' U.S. market share held steady at 17.8% in July compared with the same period one year ago. In comparison with June of this year, however, GM's portion slid from 18.8%. GM's volume fell 4.2% from 267,461 in June to 256,160 units in July even as overall new vehicle sales grew 1%.
Moving ahead from June then, which automakers produced the gains at GM's expense, at Ford's and Chrysler/FCA's expense, too? Toyota and Nissan, mostly. With a nearly one percentage point increase, Toyota produced a very high-volume July thanks to record RAV4 sales, predictably lofty Camry volume, and Lexus' rise to the top of the premium pile.
Nissan owned 7.7% of the U.S. market in June; 8.3% in July. The Versa, Sentra, and Leaf combined for 36,228 July sales, up from 22,310 in July 2013 and 31,057 in June of this year.
Meanwhile, compared with the prior month, American Honda's share of the U.S. market grew from 9.1% to 9.5% on the strength of the Accord and CR-V, America's second-best-selling car and top-selling utility vehicle, respectively.
The post U.S. Auto Market Share – July 2014 appeared first on The Truth About Cars.
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