Analysts: Toyota's sales win over GM a result of microchip shortages - Repairer Driven News - News Summed Up

Analysts: Toyota's sales win over GM a result of microchip shortages - Repairer Driven News


Some analysts have suggested that Kia and Hyundai will benefit from their continued focus on the sedan segment, which GM and Ford have downplayed. “2021 was a highly-successful year for the Hyundai brand and our retail partners,” Randy Parker, senior vice president, National Sales, Hyundai Motor America, said in a statement. EV sales trendsA second story line from the 2021 results, and one that could have greater long-term implications for OEM market share, is the sales of electric vehicles. 2 spot in EV sales in the U.S., bumping GM to third. More informationToyota: “Toyota Motor North America Reports U.S. December, Year-End 2021 Sales”Ford: “Ford Best-Selling Automaker in Q4; Becomes No.


Source: Forbes January 07, 2022 18:12 UTC



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