Asian brands beat American brands in the US

According to a report in the International Herald Tribune, the three big US car makers, namely, General Motors, Ford Motor and Chrysler, combined sold less than (44.4 %) than the Asian brands - 10 brands in total (48.1 %) for the first time ever. The data was provided by the Autodata Corporation.

Amazingly, Toyota overtook GM in United States sales.

The drop in sales of pickup trucks and sport utility vehicles with growth in sales of compact cars show that consumers are becoming increasingly concerned about fuel economy of their cars.

Read the full report here: U.S. cars lose to Asian rivals for first time