Is Hyundai about to repeat the mistakes of Toyota and Nissan? PickupTrucks.com reports that Hyundai has been showing off a modified Dodge Ram pickup at some consumer clinics to gauge interest in such a product. This wouldn't be the first time the Koreans have looked down this road. A midsize pickup based on the new Kia Sorento had been considered before being killed off two years ago. Tackling the full-size truck market could be an even more perilous endeavor.
With sales of full size pickup trucks and SUVs shrinking far faster than even the most pessimistic industry projections one year ago, GM has decided to delay the successor to the current GMT900 models. The current generation of large trucks debuted in 2007 and were scheduled to be replaced in 2013. However the combination of a 51 percent drop in SUV sales and 24 percent drop in pickup sales along with still uncertain fuel economy rules has prompted GM to suspend development. Until new fuel econo
Ford Motor Co. isn't as optimistic as it was a few months ago. In a new filing with the U.S. Securities and Exchange Commission, the company announced on Tuesday that it was lowering its worldwide market share prediction for 2006, saying it is likely market share will decline for the year. Previously Ford had forecast improved market share for the year.
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