business
GM, Ford to see US market-share slide, forecaster predicts
General Motors and Ford Motor have lost more market share in the United States than any other automakers so far this year as buyers prioritize fuel efficiency amid high gas prices, an industry forecast shows.
Ford’s vehicle sales are expected to drop 8.8% through the first three quarters of the year, according to a forecast released Thursday from Cox Automotive. That would knock Ford’s market share down nearly a full percentage point, to 12.5%.
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