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The biggest producers are known as the big three which are GM, Ford, and DaimlerChrysler. However, the big three are losing market share to Japanese makers such as Toyota, Honda, and Nissan. In 1995, the big three held about 73 percent of market share, but at present, they are only operate in about 57 percent of total market share, a significant down in one decade.
- Three emerging market: Asia-Pacific, Eastern Europe, Latin America
The fastest growing markets are China and India. China was reported to growth 3% per annum in motor vehicles with the sales up to 4 million units in 2006. India also recorded the sales in automobile over 1 million for first time in 2004 and keeps going...
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