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To: GVTucker who wrote (124163)1/4/2001 8:21:22 AM
From: Amy J  Respond to of 186894
 
Hi GV, RE: "My guess would be the same as yours, mid 80's."

Arg

RE: "market share losses to the imports can sometimes distort the data...US automakers lost 6 points of market share, a pretty big number. The numbers don't look quite so bad in this light, although they're still bad."

Bad is a relative word. Bad as in 80's bad?

During the boom, lots of folks were buying foreign cars (BMWs, Lexus, Toyotas, etc.) in this strong market. Probably also helped that the dollar was strong too relative to some other countries' currency.

RE: "US automakers' domestic market share is now at 61.4%, which is an all time low."

I'd have to concur with Mary about the brain drain.

Regards,
Amy J



To: GVTucker who wrote (124163)1/4/2001 11:15:42 AM
From: Robert Douglas  Read Replies (1) | Respond to of 186894
 
GV,

You're right about domestic auto companies losing share. For December Toyota had sales gains of 14%, Honda + 2.7% and Volkswagen +12%.

Ford and GM are both planning production cutbacks for 1Q.

It's obvious what is happening. The dollar is too high and it's hurting the domestic producers. Look for a drop in the dollar during the coming year, especially against the euro.


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