GELYF - U.S. auto market share winners and losers
Cox Automotive forecasts September car sales will be down 0.3% on a volume basis and sees September SAAR of 15.5M. Q3 unit sales are forecast to be down 11.6% Y/Y and YTD unit sales are projected to be down 19.6% to 10,260,719. Surprisingly, Hyundai/Kia (HYMLF) is forecast to be the big market share grabber in September and Volvo (GELYF) is predicted to show the most growth compared to a year ago in Q3. Nissan (NSANY), BMW (BMWYY) and Jaguar Land Rover (TTM) have lost market share in the U.S. this year. See more details on the Cox Automotive chart below. Other auto stocks: General Motors ([[GM]] +2.3%), Tesla ([[TSLA]] +2.9%), Ford ([[F]] +2.8%), Honda ([[HMC]] +1.2%), Toyota ([[TM]] +2.0%) and Fiat Chrysler Automobile ([[FCAU]] +3.5%).Compare Seeking Alpha Quant Ratings on the auto sector.
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U.S. auto market share winners and losers