200,000 U.S. customers looking to buy new vehicles available due to parts shortages

Article by Christian A., on May 17, 2011

A new A.T. Kearney report states that Japanese carmakers -- Toyota Motor Corp., Honda Motor Co., and Nissan Motor Co. -- may lose some of their customers to Hyundai Motor Co. and to the U.S. automakers General Motors Co., Ford Motor Co., and Chrysler Group LLC.

According to the A.T. Kearney report, almost 200,000 U.S. customers that want to buy new vehicles are "up for grabs” due to the parts shortages related to the disaster in Japan.

The report further stated that the major carmakers in Japan may suffer the biggest sales loss. Dan Cheng, head of A.T. Kearney's American automotive practice, said that those who stand to benefit from the defection of consumers are Hyundai and the U.S. automakers.

The global production loss related to the Japan crisis is estimated at 1.66 million units. Of this figure, 341,000 would have been sold in the U.S. in 2011. Cheng said that only 42% will be loyal to their current brands.

A.T. Kearney said more are with other Japanese manufacturers. Cheng said that if output at Japanese plants doesn’t restart until the fourth quarter, the number of new vehicle sales lost will increase to 328,000.

This is equal to 2-1/2 points of market share. Of those, 263,000 would be with Toyota, Honda and Nissan.

Topics: united states

If you liked the article, share on:

Comments

Recommended

An RHD (right hand drive) BMW M4 DTM Champion Edition has been listed to be for sale by Romans International, UK’s leading supercar dealership. The first owner of this rare...
by - May 24, 2017
Audi will be offering something exciting for its United Kingdom market. The company announced that it will be adding new features as standard to the A4 range. It also confirmed...
by - May 24, 2017
You guys are probably aware of the collaboration between Mercedes-Benz and Renault-Nissan. Knowing this, you would expect that both companies will come up with something impressive. Sources say that the...
by - May 24, 2017
Amongst all sports cars on the planet, which one is the world’s best-selling model? Would you have guessed that it is the Ford Mustang? According to IHS Markit’s global automotive...
by - May 24, 2017
It’s not a bird. It’s not a plane. It’s Kris Singh’s blue carbon flying machine! Time stood still for a few minutes after the extremely rare Pagani Huayra BC Macchina...
by - May 24, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries