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VWAGY - Toyota RAV4 Leaps Forward With Huge U.S. Market Share Increase
Volkswagen AG ADR Repstg 1/10th Sh
NOTE: A version of this article was first published on or about May 21, 2020, on my Seeking Alpha Marketplace site.
The first quarter of 2020 started out pretty well in the U.S. automotive industry, with sales holding up nicely and the sales mix continuing to shift in the direction of the most profitable pickup trucks and SUVs, at the expense of lower-margin sedans. Then, the U.S. market hit the wall in mid-March for the well-known reason.
During this time, however, when the sales of every vehicle plummeted in the second half of March 2020,