The U.S. automotive market has become fair game for foreign competitors. With Chrysler LLC and General Motors Corp. struggling to restructure, foreign auto makers are eager to grasp whatever market share can be taken. “It’s a once-in-a-lifetime opportunity for Japanese auto makers,” says Kota Yuzawa, a senior analyst with Goldman Sachs Japan. “The Detroit makers seem likely to get a lot smaller, and Japanese and Korean makers seem poised to fill the vacuum,” adds Chris Richter, an ...

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