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Article: GM market share hits highest marks since 1995
- Article from:
- THE JOURNAL RECORD
- Article date:
- October 10, 1997
- Author:
CopyrightCopyright 1997 The Journal Record. Provided by ProQuest LLC. (Hide copyright information)
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DETROIT -- General Motors' U.S. vehicle market share rebounded in
September to its highest level since December 1995, aided by a
shortage of Japanese rivals' cars in a performance that will be tough
to repeat.
The largest U.S. automaker's share jumped to 33.4 percent from
30.9 percent in September 1996. GM was the only Detroit carmaker to
gain as industrywide sales fell 3.8 percent.
September's monthly gain was the automaker's third in a row. Yet
it's too early for the automaker to declare victory, analysts said.
September's impressive gain was helped by a shortage of Japanese cars
-- Honda's Accord and Toyota's Camry and Corolla -- and lower fleet
sales to rental-car companies by Ford and ...