Pickup sales may hit 2M units for first time since 2007

Pickup sales may hit 2M units for first time since 2007

September 22, 2013 by · Leave a Comment 

Filed under: Car Buying , Truck , Chevrolet , Ford , GMC , Honda , Nissan , Toyota , Ram 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. Through August, the Ford F-Series continues to be the segment leader with almost 500,000 units sold, but the Chevy Silverado (328,269), Ram 1500 (234,642), GMC Sierra (122,232) and Toyota Tacoma (110,293) are all seeing at least 20-percent sales increases, helping to account for around 1.44 million truck sales so far this year – not including possible outliers like the Suzuki Equator and Chevy Avalanche . This year alone, General Motors has completely redesigned its fullsize trucks, Ram and Toyota have significantly updated their offerings, the next-gen Ford F-150 will be out next year and Nissan is promising an all-new Titan around the same time with an eventual Cummins diesel under the hood . It would seem, then, that truck sales are poised to continue their upward trend. Pickup sales may hit 2M units for first time since 2007 originally appeared on Autoblog on Sat, 21 Sep 2013 17:03:00 EST. Please see our terms for use of feeds . Permalink

Ford and GM think new vehicle sales will increase in 2012

Ford and GM think new vehicle sales will increase in 2012

October 20, 2011 by · Leave a Comment 

Filed under: Car Buying , Ford , GM , Honda , Toyota Auto sales have grown steadily since the U.S. and its auto industry performed a synchronized swan dive. But, unfortunately for automakers, those numbers have risen at a painfully slow pace. The ‘slow and steady’ trend is likely to continue for the foreseeable future, but The Detroit News reports that both Ford and General Motors see continued sales increases in 2012. Ford economist Jenny Lin thinks that sales should progress beyond the 12.5 million to 13.5 million units forecasted for 2011. Lin added that a lack of new car sales over the last few years has led to a quickly aging fleet of vehicles on U.S. roads. In fact, the average vehicle on our roads is 10.6 years old, an all-time high. GM chief economist Mustafa Mohatarem seems to agree, adding that demand is high and sales would be higher if Honda and Toyota could ramp up production. Mohatarem says the two Japanese automakers are still struggling to fill dealer lots in the wake of Japan’s March earthquake and tsunami.

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