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it began with lexus
Posted by compaqted (more from compaqted) on Mon, 5 Aug 2002 14:11:56
In Reply to: Saab or a Sonata, Kevin, Sat, 3 Aug 2002 04:20:01
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In the 70s and early 80s, the Japanese flooded the world market with low cost, high quality, economical cars. They have increased market share ever since. Now the Koreans are doing the same thing, while the Japanese have moved to the middle and upper levels of the market.
Remember the first Lexus? It was a flawless copy of the Mercedes E Class. That is how the Asian manufacturers have gained a foothold in the luxury market... make a car that looks just like the expensive European model, and sell it for less. That makes it a "smart buy".
At this point, neither the big three nor the Japanese can compete with the Koreans on the low end. What country will be next? China?
posted by 161.114.8...
Posts in this Thread:
- Saab or a Sonata, Kevin, Sat, 3 Aug 2002 04:20:01
- it began with lexus, compaqted, Mon, 5 Aug 2002 14:11:56 <-- Viewing This Message
- Re: Saab or a Sonata, JamesH, Mon, 5 Aug 2002 08:57:41
- spot-on, mark, Mon, 5 Aug 2002 09:52:52
- Re: Saab or a Sonata, Long Trieu, Sun, 4 Aug 2002 23:02:14
- Re: Saab or a Sonata, C H Tay, Sat, 3 Aug 2002 04:30:50
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