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Market Impact: 0.32
GM, Ford to see US market-share slide, forecaster predicts
Source: reuters.com
Automotive & EVConsumer Demand & RetailEnergy Markets & PricesCompany Fundamentals
General Motors and Ford have surrendered more U.S. auto-market share than any other manufacturers so far this year, according to an industry forecast. Elevated gasoline prices are shifting buyers toward more fuel-efficient vehicles, creating a competitive headwind for the two Detroit automakers.
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