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All three domestic brands increased their market share in 2011, something that hadn’t happened since 1988.
That isn’t as if poor auto sales weren’t expected, with natural disasters such as Hurricane Irene impacting sales in Atlantic states. And industry pundits such as J.D. Power and even auto manufacturers have significantly lowered expectations of auto sales in 2011.
At the 2011 Chicago Auto Show, Hyundai showed the world that they were serious about performance, both on the race track and on the way to the board room. If the Genesis sedan was a revelation when it hit the market a couple of years ago, the 2012 Genesis 5.0 R-spec makes it crystal clear that Hyundai is in the luxury car market to win.
It appears that the derailed auto industry is back on track following a long period of reorganizing, redesigning and rebuilding. So says Kiplinger’s Personal Finance, which today revealed the best values in its new 2011 Car Buying Guide.