For the first time in the US auto industry’s 102 year history American carmakers in July commanded less than 50% of the market. Import brands accounted for 51.9% of sales in July, with GM, Chrysler and Ford making up the remaining 48.1%. Only a year ago, the statistics were reversed.
Actual vehicle sales stood at 679,523 for the imports and 629,569 for the Detroit 3, according to Automotive News, down overall by 12.4% compared with July last year. GM bore the worst of the results, its sales plummeted 22.3%, followed closely by Ford with a drop of 19.2%.
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