January 6, 2014
MICKEY KAUS: GM Loses Market Share, Again?
The press won’t make it easy for you to discover–gets in the way of the pre-packaged “Detroit is back!” narrative–but it looks like General Motors lost market share again in 2013. According to Ward’s Auto, GM sales grew 7.3%–but the market as a whole grew 7.5%. … GM sales for December unexpectedly cratered, despite “high inventory levels … unseen since before the Great Recession.” … If this is a good year for GM, I wonder what a bad year will look like.
I dunno, but I’ll bet it’ll happen unexpectedly.