Wednesday, September 3, 2008

"Asia-based" Autos Up to Almost 50% of U.S. Market Share

Per Bloomberg:

Honda Motor Co. passed Chrysler LLC in August to grab fourth place in U.S. auto sales this year as cars won market share from trucks amid an industrywide slump. Asia-based brands led by Nissan Motor Co.'s 14 percent gain raised their share of August U.S. sales to 47.3 percent.
With those kind of figures, are they sure $50 billion is enough?