agent Entrepreneur logo
MenuMENU
SearchSEARCH

Japan Crisis Puts 200,000 US Auto Sales Up For Grabs

May 18, 2011
2 min to read


BIRMINGHAM - Almost 200,000 U.S. customers looking to buy new vehicles are "up for grabs" because of parts shortages caused by the March 11 earthquake and tsunami in Japan, according to a new report.


The major Japanese automakers - Toyota Motor Corp, Honda Motor Co Ltd and Nissan Motor Co Ltd - are at risk for the biggest lost sales, according to the A.T. Kearney report, which was released on Tuesday, reported Reuters.

Ad Loading...


U.S. automakers General Motors Co, Ford Motor Co and Chrysler Group LLC as well as South Korea's Hyundai Motor Co stand to capture most of the consumers who defect from the Japanese brands, said Dan Cheng, head of A.T. Kearney's American automotive practice.


Of the estimated 1.66 million units of lost production globally because of the Japan crisis, 341,000 would have been sold in the United States this year. Of those lost U.S. sales, 42 percent were buyers who likely will remain loyal to their current brands, said Cheng.


Of the remaining 197,000, an estimated 80 percent were with Toyota, Honda and Nissan, A.T. Kearney said. Another 36,000 are with other Japanese manufacturers.


If full production at Japanese plants does not resume until the fourth quarter, the number of new vehicle sales up for grabs will rise to 328,000, or the equivalent of 2-1/2 points of market share, Cheng said. Of those, 263,000 would be with Toyota, Honda and Nissan.


A.T. Kearney also expects U.S. new-vehicle sales to grow almost 14 percent to 13.2 million this year from 11.6 million in 2010, and reach 16 million in 2013 as consumers replace an aging fleet of vehicles. After that, growth will rise more slowly, hitting 16.7 million in 2016.

Ad Loading...


In the decade before the 2008-2009 industry downturn, U.S. auto sales averaged nearly 17 million in new vehicle sales a year.


Since the beginning of the recession, new- and used-vehicle U.S. sales combined have fallen 15 percent to 48 million units, the lowest level since 1983, mostly because of lower availability of vehicle financing, according to A.T. Kearney. A bounceback in financing will help projected future growth.


A.T. Kearney said increasing loan approval rates for buyers with subprime, or very low, credit scores, to an average of 40 percent from the below 20 percent rate where it is now would yield an additional 800,000 new-vehicle sales.


Based on stricter loan approval rates, 530,000 newly rated subprime buyers will be shut out of the 2011 U.S. new light-vehicle market, A.T. Kearney said. That represents a $3.2 billion contribution margin opportunity for automakers.

More Industry

Photo of MINI nameplate on the hood of a white MINI Cooper
Industryby Hannah MitchellJuly 23, 2026

Autos More Appealing

Consumers gave new cars better scores again this year for design, performance and more as mass-market brands kept gaining on premium lineups, JD Power found in an annual poll.

Read More →
red car parked in front of a sunset, The Used Market Divide, Agent Entrepreneur
Industryby Lauren LawrenceJuly 23, 2026

Used EVs Defy Overall Market

While the used-car market saw three months of price declines or stagnation, the used EV segment did the opposite – rising for three straight months.

Read More →
Photo of a retriever dog looking out of an open SUV window with a yellow Peugeot headrest on the top of the window below it
Industryby Hannah MitchellJuly 16, 2026

Gone to the Dogs

A Stellantis brand decided to have some fun with one of its SUVs’ design to address growing emphasis on family pets.

Read More →
Ad Loading...
Aerial shot of a car dealership
Industryby Hannah MitchellJuly 13, 2026

OEM Poll Sees Industry Evolution

Kerrigan Advisors’ survey of automakers finds that tariffs, technology, network tightening and other factors are poised to reshape auto retail.

Read More →
Foreign Cars Italia dealership store in front of sunset
Industryby Hannah MitchellJuly 2, 2026

Luxe N.C. Dealerships Change Hands

A collection of Italian and English brand franchises were handed off to the owner’s friend in the business and include the Carolinas’ only Ferrari retail stores.

Read More →
inside of car, person with hands on black steering wheel
Industryby Lauren LawrenceJuly 2, 2026

Exposure Drives Interest in Chinese Cars

At a recent demonstration, consumers had the chance to ride in a Chinese-branded vehicle, a firsthand experience that improved their perceptions and purchase intent.

Read More →
Ad Loading...
Woman's hands holding an wallet empty of cash
Industryby Hannah MitchellJuly 1, 2026

Automotive Consumers Sink Further in Debt

Most financing metrics hit records in the second quarter as more buyers locked themselves into long terms and high monthly payments.

Read More →
Rob Mancuso sitting in a chair on stage
Industryby Hannah MitchellJuly 1, 2026

Agent Advocate

Rob Mancuso, who comes from a long line of auto dealers, values general agents’ place in the industry and makes a case for them taking an even bigger seat at the table.

Read More →
Photo of a touchscreen on a car's dashboard
Industryby Hannah MitchellJune 25, 2026

Driving Under Distraction

Though consumers gave higher marks to new vehicles in JD Power’s most recent initial-quality poll, high-tech interference worsened, pointing to craving for simplicity.

Read More →
Ad Loading...
split background green and blue. 2019 to 2025 with car going from starting location to end point. $37,310 and $48,402. Agent Entrepreneur logo
Industryby Lauren LawrenceJune 25, 2026

Affordable New Cars a Thing of the Past

More than one out of five new vehicles sell for more than $60,000, according to Edmunds. That's up 7% compared to prepandemic 2019.

Read More →
Ad Loading...