{"id":2447,"date":"2009-06-05T05:10:35","date_gmt":"2009-06-05T09:10:35","guid":{"rendered":"http:\/\/www.geneveith.com\/?p=2447"},"modified":"2009-06-05T05:10:35","modified_gmt":"2009-06-05T09:10:35","slug":"the-new-american-auto-industry","status":"publish","type":"post","link":"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/","title":{"rendered":"The new American auto industry"},"content":{"rendered":"\n<\/head>

The only major American auto company not owned by the state\u2013that would be Ford\u2013is doing amazingly well<\/a>:<\/p>\n

Ford continued to pinch business from its struggling crosstown rivals last month, increasing its share of the U.S. auto market to its highest percentage in three years.<\/p>\n

The automaker now controls 15.1 percent of the marketplace, and some analysts predict that Ford could leap past General Motors in sales by the end of the year.<\/p>\n

Ford has been able to survive without government aid, as its competitors have buckled. In May, Chrysler entered bankruptcy protection. And GM was not far behind, culminating with a Chapter 11 filing on Monday.<\/p>\n

Ford insists that its products, not its rivals\u2019 financial troubles, are driving sales. But regardless of the reason, it plans to capitalize. As GM and Chrysler close and idle plants this summer, Ford announced yesterday that it will be ramping up its North American production by 10,000 vehicles in the second quarter. In the third quarter, it plans to make 42,000 more vehicles than it did a year ago.<\/p><\/blockquote>\n

Meanwhile, government-owned GM has sold its Hummer brand to a Chinese company<\/a>. <\/p>\n<\/body><\/html>\n","protected":false},"excerpt":{"rendered":"

The only major American auto company not owned by the state\u2013that would be Ford\u2013is doing amazingly well: Ford continued to pinch business from its struggling crosstown rivals last month, increasing its share of the U.S. auto market to its highest percentage in three years. The automaker now controls 15.1 percent of the marketplace, and some […]<\/p>\n","protected":false},"author":1281,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-2447","post","type-post","status-publish","format-standard","hentry","category-economics"],"yoast_head":"\nThe new American auto industry<\/title>\n<meta name=\"description\" content=\"The only major American auto company not owned by the state--that would be Ford--is doing amazingly well: Ford continued to pinch business from its\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"The new American auto industry\" \/>\n<meta property=\"og:description\" content=\"The only major American auto company not owned by the state--that would be Ford--is doing amazingly well: Ford continued to pinch business from its\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/\" \/>\n<meta property=\"og:site_name\" content=\"Cranach\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/cranachblog\/\" \/>\n<meta property=\"article:published_time\" content=\"2009-06-05T09:10:35+00:00\" \/>\n<meta name=\"author\" content=\"Gene Veith\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Gene Veith\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/\",\"url\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/\",\"name\":\"The new American auto industry\",\"isPartOf\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#website\"},\"datePublished\":\"2009-06-05T09:10:35+00:00\",\"dateModified\":\"2009-06-05T09:10:35+00:00\",\"author\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/f9ca8670bcc51908a78994c0484dbfa1\"},\"description\":\"The only major American auto company not owned by the state--that would be Ford--is doing amazingly well: Ford continued to pinch business from its\",\"breadcrumb\":{\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/2009\/06\/the-new-american-auto-industry\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"The new American auto industry\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#website\",\"url\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/\",\"name\":\"Cranach\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/f9ca8670bcc51908a78994c0484dbfa1\",\"name\":\"Gene Veith\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.patheos.com\/blogs\/geneveith\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/054d79faea5d476edd8f99e5f14fb17f?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/054d79faea5d476edd8f99e5f14fb17f?s=96&d=mm&r=g\",\"caption\":\"Gene Veith\"},\"description\":\"Gene Edward Veith, Jr. is a writer and retired literature professor, serving as Provost Emeritus at Patrick Henry College. 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