Ford Set To Lose Ground To Hyundai In Q3 Sales, Says Cox Automotive — ‘Detroit 3’ Market Share Seen Hitting Record Low
Detroit’s traditional auto giants are expected to lose further ground to Asian rivals in the third quarter, with Cox Automotive forecasting Ford (F) to fall behind Hyundai Motor Group (HYMTF) in U.S. vehicle sales.At the time of writing, F shares were down 1.2%, tracking a fifth straight session of…