The Marketshare Battle Heats Up
As February vehicle sales figures trickle in today, Ford Motor Co. appears to be locking in a stronger marketshare position.
Ford outsold GM for the first time in more than a decade, selling 142,285 vehicles last month to GM’s 141,951.
Toyota sales, meanwhile, were expected to drop off as a result of multiple recalls of more than six million vehicles. GM, too, announced a recall today, of 1.3 million compact cars whose power steering could fail. Seems like Ford could piggyback off that announcement this month, and lengthen its marketshare lead.
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