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On the contrary, the SUV segment continues to develop with registrations up 25 per cent to ninety eight,500 units in the period with market share up 2.eight per cent to 27.1 per cent. For one thing, the general auto loan market is comparatively small compared to the much bigger mortgage loans market of $eight trillion.
Even as Japanese cars have taken a large swath of the U.S. market, American brands are barely visible in Japan, a scenario that has long pissed off U.S. auto executives and trade negotiators and has turn out to be a renewed source of political friction below President Trump.
That is all articles This One Chart Perfectly Explains Why The Auto Market Is Doomed This time, hopefully can present benefits to all of you. Hopefully, this shift in the market will translate into a larger share of girls in the automotive workforce and a rising interest to recruit and advance this group of execs within the business.
Japanese automakers are inclined to worth the results of prior enterprise, leaving them hesitant to pursue electrification. On this report, we describe how consumers’ attitudes toward cars are evolving, and what companies can do to thrive in this rapidly changing market.