Reuters reported that GM's third-quarter U.S. sales fell 5.5% to 670,974 vehicles, while Toyota sales edged up to 633,223. Corolla hybrid sales rose nearly 36% from a year earlier to 13,003.
Cox Automotive estimated the Detroit Three's combined quarterly share at about 36%, with Asian brands expected to exceed half of new-vehicle sales. Affordability remained difficult as average transaction prices increased.
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This is an original summary, not a republication of the full report.
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