History
When should U.S. automakers have begun producing a domestic subcompact?
(UPDATED FROM 8/1/2024) In 1959 imported cars captured 10 percent of the U.S. market. However, their popularity quickly subsided after the Big Three came out with an unprecedented wave of compacts beginning in 1960. The market penetration of imports fell by half to 5 percent in 1963 (Eden and Molot, 1996). One could reasonably excuse the [...]





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