By market share yes. Yet even at 42% market share they are operating at a loss in 2022.
All carmakers in the US saw around a 10% drop in sales in FY23. The difference is Big 3 carmakers are very US-centric, while other Japanese/Korean/German carmakers have growth markets that they can further leverage or that can cushion bad sales in the US.
The Big 3 simply don't have a strong long term outlook nor enough money to give a raise, as they are not selling enough to break even.
By model isn't a relevant enough number simply because we need to see at the macro-level how a company is actually operating.
An additional issue with the UAW strike is EV/Battery related jobs do NOT fall under the UAW's Union [0].
At the end of the day, this is just low level politicking in a few swing states (Michigan, Pennsylvania) and one former Swing State (Ohio)
Comments
By market share yes. Yet even at 42% market share they are operating at a loss in 2022.
All carmakers in the US saw around a 10% drop in sales in FY23. The difference is Big 3 carmakers are very US-centric, while other Japanese/Korean/German carmakers have growth markets that they can further leverage or that can cushion bad sales in the US.
The Big 3 simply don't have a strong long term outlook nor enough money to give a raise, as they are not selling enough to break even.
By model isn't a relevant enough number simply because we need to see at the macro-level how a company is actually operating.
An additional issue with the UAW strike is EV/Battery related jobs do NOT fall under the UAW's Union [0].
At the end of the day, this is just low level politicking in a few swing states (Michigan, Pennsylvania) and one former Swing State (Ohio)
[0] - https://www.politico.com/news/2023/09/13/biden-labor-ally-th...