March 2018 U.S. Truck Sales: Springtime for Hauler

Steph Willems
by Steph Willems

With an extra selling day compared to the March that came before it, last month saw U.S. new vehicle buyers continue doing what they’ve done for years. By that, we mean snap up trucks and SUVs like it’s going out of style. (There’s no indication it’s going out of style.)

According to figures from Autodata, truck and SUV sales rose 16.3 percent in the U.S., year over year, while traditional passenger cars continued to fade from the minds of new vehicle buyers. That segment declined 9.2 percent, year over year.

Monthly sales figures can be fickle, which is apparently the reason for General Motors’ switch to quarterly sales reports starting next month, but we prefer receiving data more often. And last month’s data paints a very different picture than February’s. Leaving SUVs aside, which pickups soared in March?

If you suspect the bottom didn’t fall out of Ford F-Series demand, you’d be correct. Ford claims last month was the segment-leading model’s best March showing since Y2K, with year-over-year sales up 7 percent. Over the first three months of 2018, F-Series sales are up 4.3 percent in the United States.

The Ram brand can’t say the same, as sales of its 1500 and heavy duty trucks fell 11 percent, year over year. It’s not unsurprising, given that dealers, and probably quite a few buyers, are waiting for the imminent release of a redesigned 2019 model. Still, production of the current-generation half ton hasn’t ceased, and Ram, like other Fiat Chrysler divisions, isn’t scared of playing Let’s Make a Deal. Year to date, Ram trucks sales are down 13 percent.

It’s a mixed bag of news over at General Motors, where the outgoing current-generation Silverado 1500 (and larger siblings) found 23.9 percent more buyers in March than the same month in 2017. Demand was sufficient to push year-to-date sales figures into the black, with a 5.5 percent increase. GMC, however, did not see the same demand for the Sierra line. That lower-volume model fell 7.5 percent, year over year. Over the first quarter of 2018, Sierra sales trail last year’s figures by 16.7 percent.

It was all upward mobility in GM’s midsize truck segment, however. Chevrolet Colorado sales shot up 51.9 percent in March, year over year, with sales over the first three months of 2018 up a comfortable 29.1 percent. It’s twin, the GMC Canyon, recorded a more modest 9.4 percent uptick. Year to date, that model’s still in the red, down 4.2 percent from 2017’s tally.

The good truck news carried over to Toyota, which saw both of its models handily beat last March’s figures. Tacoma sales rose 21.1 percent, year over year, with the ancient Tundra seeing a 14.3 percent increase. Year to date, the models have seen a volume increase of 23.6 and 13.3 percent, respectively.

So eager were Americans to get into new pickups, even the segment’s oldest — the Nissan Frontier — saw a year-over-year sales gain of 28.1 percent. You’d have to travel back in time more than a decade to find a month with similar Frontier volume. (You’d also find yourself face to face with a very similar Frontier.) Sales of the value-packed pickup rose 46.6 percent over the first three months of the year.

Nissan Titan sales, on the other hand, shrunk 11.3 percent compared to March of last year, but the model line’s tally for 2018 remains 12.7 percent above last year’s figure.

Sadly for Honda, all of this truck love did not rekindle the public’s romance with the unibody Ridgeline. Sales of the Pilot-based model sunk 28.8 percent, year over year, last month. Over the first quarter of 2018, Ridgelines sales fell 28 percent.

[Images: Nissan, General Motors]

Steph Willems
Steph Willems

More by Steph Willems

Comments
Join the conversation
4 of 19 comments
  • Kkop Kkop on Apr 04, 2018

    "It’s not unsurprising...", so it's surprising? Doesn't look like it from the context (Ram 1500 sales drop while awaiting 2019 model release).

  • Pete Zaitcev Pete Zaitcev on Apr 04, 2018

    From what I heard, the new Ridgeline is better than the old one in all respects, but it's just not succeeding for whatever reason. Maybe it's not flexible enough, coming essentially in one size only. Maybe it's too expensive. Or maybe it's made by Honda. {Update: Personally, I'd give it a better consideration if it were made from CR-V instead of Pilot. But it's a sample of 1.}

    • See 1 previous
    • Vulpine Vulpine on Apr 05, 2018

      @Big Al from Oz The Ridgeline prices in about the same as full-sized pickups...without the advantage of putting money on the hood at the dealership. Personally I think it's equipped just as well as those higher-priced full-sizers, they just don't discount the way the "Big Three" do.

  • Probert They already have hybrids, but these won't ever be them as they are built on the modular E-GMP skateboard.
  • Justin You guys still looking for that sportbak? I just saw one on the Facebook marketplace in Arizona
  • 28-Cars-Later I cannot remember what happens now, but there are whiteblocks in this period which develop a "tick" like sound which indicates they are toast (maybe head gasket?). Ten or so years ago I looked at an '03 or '04 S60 (I forget why) and I brought my Volvo indy along to tell me if it was worth my time - it ticked and that's when I learned this. This XC90 is probably worth about $300 as it sits, not kidding, and it will cost you conservatively $2500 for an engine swap (all the ones I see on car-part.com have north of 130K miles starting at $1,100 and that's not including freight to a shop, shop labor, other internals to do such as timing belt while engine out etc).
  • 28-Cars-Later Ford reported it lost $132,000 for each of its 10,000 electric vehicles sold in the first quarter of 2024, according to CNN. The sales were down 20 percent from the first quarter of 2023 and would “drag down earnings for the company overall.”The losses include “hundreds of millions being spent on research and development of the next generation of EVs for Ford. Those investments are years away from paying off.” [if they ever are recouped] Ford is the only major carmaker breaking out EV numbers by themselves. But other marques likely suffer similar losses. https://www.zerohedge.com/political/fords-120000-loss-vehicle-shows-california-ev-goals-are-impossible Given these facts, how did Tesla ever produce anything in volume let alone profit?
  • AZFelix Let's forego all of this dilly-dallying with autonomous cars and cut right to the chase and the only real solution.
Next