Asia Carmakers Continue to Gain U.S. Marketshare
n automakers continue to sell more cars in the United States, claiming 40.2 percent of American sales in May.
Experts say fuel-efficient cars from Japanese and South Korean automakers continue to sell to an American public weary of high prices at the pump.
For example, according to the U.S. Environmental Protection Agency (EPA) while Asian cars like Toyota's Yaris subcompact can travel almost 40 miles on a gallon of gasoline, the American-made Ford F-150 pickup travels only a mere 17 miles on the same gallon.
According to Bloomberg, overall U.S. sales were 1.49 million last month, down 0.7 percent. May sales for GM, Ford and Chrysler dropped a collective 8.9 percent. Toyota, which outsold DaimlerChrysler's Chrysler and Mercedes-Benz units to rank third in U.S. sales for a second consecutive month, sold 235,708 cars and light trucks in May, compared with 201,493 a year ago.
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From cars to clothes driers, Japan has seen the future and its definitely got a greener tinge to it.
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