GM Earned 19.6 Percent Market Share In 2011
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We did some calculations and turns out General Motors earned a market share of 19.6 percent in the United States in 2011. That means that nearly one in every five vehicles sold was a GM. This rather impressive news comes to us after GM reported a $7.6 billion net income for the same time period.
And if GM’s outlook for 2012 is to be believed, things will only get better from here. Not bad for a company that’s been through hell and back. Let’s hope we can say the same thing about The General’s European and International operations this time next year.
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Maybe it’s just me, but the term “earned” a 19-percent marketshare in this story seems rather vague Are we saying that GM HAS a 19-percent marketshare or that it GAINED a 19-percent marketshare in 2011. Big difference, of course. If it gained the share, it then begs the question: compared to what for 2010?