Imports to Outsell Domestics for First Time Ever

Steve Turner
July 26, 2006

JaguarThe Detroit Free Press is reporting today that sales of foreign automobiles are on track to outsell domestic vehicles for the first time ever in the American market. Sales through May of this year indicate approximately 53% of cars registered by new owners are from the Japanese, Korean and European automakers compared to just 47% produced by Ford, GM, and Chrysler.

The data, produced by R.L. Polk & Co., however may be skewed because they consider Ford’s acquired brands, such as Volvo, Jaguar and Land Rover as imports. The same goes for GM’s Saab division. The data also excludes fleet sales.; sales of a large order of vehicles to government and corporations. With fleet data included the US automakers contribute to 55% of all automobiles sold in the US.

The entire story can be found at www.freep.com