The Wall Street Journal?s website, www.wsj.com, reported the number of cars and lightduty trucks sold by the eight largest automakers in the first 2 months of 2013. Compare the 2013 data to the first 2 months of 2009 as reported below.

a. Compare the total sales for the eight automakers. Has there been an increase or a decrease in sales for 2013 compared to the same period in 2009?

b. The total number of cars and light-duty trucks sold in 2013 was 2.234 million while 1.346 million were sold in 2009. Compute the market share for each of the companies. Has there been a change in the market share for any of the companies?

c. Compute the percentage change in sales for each of the eight companies. Which companies had a significant change in sales?

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Manufacturer General Motors Corp. Ford Motor Company Toyota Motor Sales USA Inc. Chrysler LLC American Honda Motor Co. Inc. Nissan North America Inc. Hyundai Motor America Mazda Motor of America Inc. Year-to-Date Sales Through February 2013 419,013 361,713 324,102 256,746 201,613 180,555 96,024 46,255 Through February 2009 252,701 185,825 226,870 146,207 142,606 108,133 55,133 31,821 Manufacturer General Motors Corp. Ford Motor Company Toyota Motor Sales USA Inc. Chrysler LLC American Honda Motor Co. Inc. Nissan North America Inc. Hyundai Motor America Mazda Motor of America Inc. Year-to-Date Sales Through February 2013 419,013 361,713 324,102 256,746 201,613 180,555 96,024 46,255 Through February 2009 252,701 185,825 226,870 146,207 142,606 108,133 55,133 31,821

Answer rating: 100% (QA)

a The following data shows the number of cars sold of each company during 2009 Sales2009 and 2013 Sales2013 The question is asking for increase in sal... View the full answer