The calendar year has turned a new leaf meaning analysts are already making predictions for 2013. After GM finished 2012 with about 18% percent of the market share, they look to remain in the top spot with the same percentage, their lowest since Alfred P. Sloan first year running the company, and lowest since 1934. Many California residents have turned to foreign automakers for their cars like Honda, Volkswagen and Nissan. Long standing American manufacturers Chrysler, Ford and GM and have seen a drop in market share and the trend looks to continue in 2013.
Newsday wrote an article yesterday and commented on the rising popularity of the foreign-based auto manufacturers. “Growth
Image Courtesy Of: digitaltrends.com
this year probably will be led by Volkswagen, Honda and Nissan, according to the five analysts surveyed about market share. The analysts’ average estimates are for little change to market share for GM, Ford, Toyota and Chrysler.”
An expected 15.1 million auto sales should hit the US in 2013, which means auto repair and maintenance shops will see an increase in the amount of new vehicles needing basic repairs, oil changes and maintenance work done to them. “The industry is benefiting from consumers replacing cars and trucks that are, on average, the oldest ever on U.S. roads.”
As we highlighted in our last blog posts, many different types of vehicles come into AV Bumper to Bumper for repairs. We see almost every type of manufacturer and vehicle type. With the market more divided and more vehicles available for purchase to consumers, our knowledge and ability to work on different types of vehicles will only improve.
You can read more about the predicted trends and summaries for each manufacturer here.
Post written by Ed Fawcett Jr of AV Bumper to Bumper.
