DETROIT -- The auto industry has undergone a dramatic shift in consumer demographics in the U.S., with affluent consumers accounting for 10% more market-share points than they did a decade ago, a General Motors Corp. executive says during a year-end sales briefing. “In general, what you find is the upper fifth of the population accounts for, depending on what quarter you’re looking at, 40% or more of new vehicle purchases,” says Paul Ballew, GM general director-market and industry ...
Premium Content (PAID Subscription Required)
"GM: Market Undergoing Structural Shift" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642
Current subscribers, please login or CLICK for support information.