GM was America's largest automaker for nearly a century. It's about to be dethroned

GM was America's largest automaker for nearly a century. It's about to be dethroned

It’s yet another sign that US automakers have lost their dominance in their home market.

As recently as 2005, Toyota was No. 4 in US sales, with GM, Ford and what was then known as DaimlerChrysler all in front, with a combined 57% of US sales between them. But in 2021, GM, Ford and Stellantis — the European automaker that owns Chrysler — had only 38% of the US market between them in the first nine months of the year. Even adding in Tesla only gets the US automakers to just over 40% of sales.

Both Toyota and GM are set to report year-end sales Tuesday. GM’s (GM) sales have trailed…
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GM was America's largest automaker for nearly a century. It's about to be dethroned

 

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