Forecasts suggested that U.S. new vehicle sales would decline in March 2015, but the auto industry reported a slight uptick compared with March 2014. The moderate 0.5% improvement occurred despite a 4% passenger car sales decline and a 0.6% drop in full-size pickup truck sales.
• GM truck increase contrasts with overall GM decline
• Ram truck decrease contrasts with overall FCA improvement
Granted, the March decline for full-size trucks was slight; the F-Series, Ram, Tundra, and Titan decreases were nearly completely counteracted by a GM increase.
The Chevrolet Colorado is a good little truck, certainly sturdy enough, leading me to believe that it is a capable enabler of various human endeavors that involve catapulting, hurtling, or generally straining one’s body across hill, dale, snow-capped extremity and Ace Hardware parking lot alike.
But its obvious novelty—one that so enraptured a certain publication’s staff to bestow it a pair of calipers that will hardly strain the Colorado’s 1500lb-plus payload—lies in its rejection of the idea that every pickup truck must be the approximate size of a Normandy landing craft.
Facing growing dealer inventories, General Motors is cutting back production at two of its plants to adjust supply and demand.
Happy days are back again for automakers selling to the United States, with auto sales projected to rise through 2017 before dipping slightly through 2020.
By the end of Q1 2015, PHEVs are expected to take 1 percent of the overall U.S. domestic market despite fuel prices continuing their downward spiral.
The King of Truck Mountain may have new aluminum armor these days, but Ford has no plans on fully equipping the rest of its lineup with the metal.
General Motors’ U.S. market share in the small/midsize truck category grew in December 2014 to 21.1% from 13.9% in November. According to inventory statistics from Automotive News, GM dealers had approximately 9400 Chevrolet Colorados and GMC Canyons in stock at the beginning of December.
• Tacoma and Frontier rising
• GM earning market share
• Small/midsize trucks account for 1/10 pickup sales
Yet a booming auto industry and a surging pickup market meant that even with this new level of competition from the GM midsize pickups, widely regarded as the modern members of the class, the Toyota Tacoma and Nissan Frontier each posted 12% year-over-year improvements in December.
Keep those Benzes, BMWs and Audis in the garage, son: $50,000-plus trucks and SUVs are where it’s at for the ballers and players these days.
Full-size pickup trucks generated 13.1% of all U.S. new vehicle sales in November 2014, up from 12.5% in November 2013 thanks to a 10% volume gain.
That 10% segment-wide increase occurred despite a 10% decrease from America’s best-selling vehicle line, the Ford F-Series. New F-150s are arriving at dealers now, but overall F-Series volume will be volatile for a few months as the aluminum F-150 takes over from the outgoing model.
The F-Series’ share of the full-size category slid from 42.2% in November 2013 to 34.6% last month. (Read More…)
U.S. sales of small/midsize/non-full-size pickup trucks jumped 19.4% in October 2014, a gain of 3672 units compared with October 2013.
Sales of the Toyota Tacoma were up 5%. Nissan Frontier sales shot up 25%. Not surprisingly, the slowly disappearing Honda Ridgeline was down 35%. GM’s new pickup trucks contributed an extra 2158 sales. Even without those additional Colorados and Canyons, the category would have risen 8% despite the Ridgeline’s sharp but relatively inconsequential decline. (Read More…)