GM, Ford to see US market-share slide, forecaster predicts
General Motors and Ford are projected to experience a US market-share slide during the third quarter. Forecasters and analysts expect other carmakers to post US sales growth while the Detroit automakers face a lack of hybrid offerings. Hyundai is positioned to outsell Ford in the third quarter, driven by soaring gas prices and a broader hybrid boom reshaping the US auto market. While Detroit companies continue to benefit from pick-ups and large SUVs, analysts note a distinct absence of competitive hybrid alternatives as consumer demand shifts.
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- ✓ GM and Ford are projected to see a US market-share slide.
- ✓ Hyundai is expected to outsell Ford in the third quarter.
- ✓ Detroit automakers lack hybrids amid a changing US auto market.
What changed
Forecasters and industry analysts predict that Hyundai will surpass Ford in third-quarter US sales as Detroit automakers struggle with a lack of hybrid models.
Live updates
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GM, Ford Face US Market-Share Slide as Hybrid Boom Reshapes Auto Sales
General Motors and Ford are projected to experience a US market-share slide during the third quarter. Forecasters and analysts expect other carmakers to post US sales growth while the Detroit automakers face a lack of hybrid offerings. Hyundai is positioned to outsell Ford in the third quarter, driven by soaring gas prices and a broader hybrid boom reshaping the US auto market. While Detroit companies continue to benefit from pick-ups and large SUVs, analysts note a distinct absence of competitive hybrid alternatives as consumer demand shifts.
Why it matters
The broader United States auto market is shifting as a hybrid boom challenges traditional Detroit legacy portfolios. Automakers without competitive hybrid models are losing ground as rising gas prices alter consumer purchasing behavior. This structural shift highlights vulnerabilities for legacy manufacturers who focused heavily on electric vehicle strategies while demand for hybrids surged.
What is confirmed
- GM and Ford are projected to see a US market-share slide.
- Hyundai is expected to outsell Ford in the third quarter.
- Detroit automakers lack hybrids amid a changing US auto market.
What to watch next
- Official third-quarter US sales volume reports from General Motors and Ford
- Further data on how soaring gas prices impact consumer adoption of hybrids versus traditional combustion and electric vehicles
confidence 90%Sources used for this update (8)
- Detroit Free Press — Analysts expect Q3 U.S. sales growth for some carmakers. Not Detroit 3
- CNBC — Hyundai expected to outsell Ford in third quarter as Detroit automakers lack hybrids
- Bloomberg.com — Ford Poised to Be Overtaken by Surging Hyundai in US Sales
- Reuters — GM, Ford to see US market-share slide, forecaster predicts
- Investor's Business Daily — Soaring Gas Prices Could Put Korean Automaker's Sales Ahead Of Ford
- autoweek.com — Hyundai Overtakes Ford as Hybrid Boom Reshapes US Auto Market
- note.com — EV失速ではない。本当に起きているのは「HEV復権」だった
- www.finanznachrichten.de — General Motors fehlt plötzlich die passende Antwort
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