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US car industry sales explode as foreign brands up market share

Detroit's Big Three control only 45% of the market, down from almost 66% 15 years ago

EVER-CHANGING INDUSTRY: Final assembly taking place at a Fiat Chrysler Automobiles plant in Kokomo, Indiana. The last recession forced the Obama administration to engineer Chrysler's merger with Italian carmaker Fiat.


CARMAKERS have enjoyed an unequalled run of success in the United States because of pent-up consumer demand, cheap petrol prices and low interest rates. But despite record sales, manufacturers must continue updating their vehicles and improving technology to keep the good times...