Recently released automotive March sales figures point to a major shakeup in the pickup world. Last month, Ram's trucks overtook the Chevrolet Silverado to become the second-best selling vehicle in the segment for the first time ever.
Even as fuel prices creep back up, trucks are still a hot item among new-vehicle shoppers. To see how popular pickup trucks still are, you don't have to look any further than how much effort automakers put into the continual one-upmanship of their trucks. Backing this fact up, USA Today is reporting that the segment could top two million sales this year – a total not matched since 2007, though still far from the pre-recession, three-million-unit levels.
So, hey, what's up with all these plug-in vehicle price drops? The 2013 Nissan Leaf kicked off the trend with a $6,400 decrease in January. Since then, we have seen lower and lower lease prices for EVs and the 2014 Chevy Volt just joined the party with a $5,000 drop last week. The lower prices have sparked a big increase in plug-in vehicle sales this year, compared to last, so, hey, what's up with all that?
We're only a month into the 2013 calendar year, but with January's strong sales continuing the momentum from 2012, some are already predicting that this year will be the best sales year since start of the recession. According to Automotive News, the two main vehicle segments expected to drive sales in 2013 are full-size pickup trucks and family sedans.
While overall new vehicle sales are still in the tank, there is some good news for you if you're trying to sell big trucks. With the ever-declining price of gasoline, truck and SUV sales are seeing a rebound and will make up 51 percent of the total this month. This isn't great news for those of us who think downsizing is the way to go, but when gas prices shoot up again (and they will), we'll see who's smiling.
It's the same old story, people say one thing, yet do another. The price of fuel has fallen to the point that it's no longer financially ruinous to fill the tank on a full-size pickup, so looks like truck sales will eclipse cars in December. Despite the public's rhetoric about smaller and more fuel efficient vehicles, the populous has seemingly gone back for another feed at the truck trough. Winter tends to remind people of the things that SUVs and trucks are good for, like plowing and effortles
Auto sales in the US are at a 25-year-low, and both dealers and manufacturers are dying to get showroom traffic going again. There isn't a whole lot working right now, so GM is throwing more cash on the hood of '08 models to shock some life into its Red Tag sale. Trucks and SUVs are getting the lion's share of the love, with rebates of $5,000 to $10,000 off selected 2008 models. The Equinox and Torrent sit on the low end of the rebate spectrum at five large, while the Silverado and Sierra tip th
The American buying public may have a very short attention span. Could it be that memories of the record high gas prices of a few months back have already faded away into oblivion? The answer is a definite maybe, as full-size pickups and SUV sales have rebounded a bit from their historic lows, but are still nowhere near where they were a year or two ago. What's more, automakers seem to believe that fuel prices are set to stay high and the current lowered prices are an illusion. So, don't expect
If you've been holding your breath in anticipation of General Motors redesigning its trucks and SUVs, you're probably going to pass out so start breathing again. According to reports, it's gonna be a while. GM has announced that it's postponed any planned redesigns of its pickups and SUVs to a future date sometime beyond their previously planned 2012 redesigns. What'll it do with the extra time and money? Pouring over its entire product lineup to provide the most fuel efficient vehicles possible
Another victim of the downturn in sales of full-size pickup trucks was revealed today as Dodge will be closing its Saltillo plant in northern Mexico for a period of two weeks. The plant produced nearly 170,000 Ram trucks last year. Yesterday, Chrysler CEO Robert Nardelli indicated that Ram production would need to be adjusted to reflect weak customer demand, and this seems to be the adjustment. According to reports, the plant was idled on Monday and its two-thousand workers are set to return to