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Toyota US Slowly Regains Market Share Peak

Toyota Motor Corporation 1 photo
Photo: Toyota
Back in 2009, Toyota reached its peak car market share of 17 percent, outselling Ford and staying in second place after General Motors. Then, in 2011, the earthquake and tsunami disasters in Japan affected the automaker and it dropped down to 12.9 percent.
Recent reports says that the company is growing again on the US market and it’s expected to reach a share about 14 to 17 percent in the near future.

“I think we had some tailwinds that were very, very unique, so I’m not sure if 17 per cent is a realistic number.” Toyota Motor Corp US CEO James Lentz said recently. “But somewhere between today’s 14 [per cent] and that number.”

TMC is currently the third manufacturer on the best-selling makers in the US, having a market share of 14.2 percent so far.

Story via Car Advice
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