Cain's Segments: Trucks – August 2014

In an auto market which somewhat unexpectedly grew 5.5% in August 2014, sales of full-size pickup trucks jumped 8.8%. This increase occurred in spite of 3006 fewer sales from the segment’s best-selling vehicle line, Ford’s F-Series, which is fading slightly as ordering for the new 2015 F-150 begins.

Ram’s truck range was up 33% to more than 40,000 units, the second time in six months that the Chrysler Group/FCA has sold more than 40,000 Ram pickups in a single month. Not since 2003 have this many Ram trucks been sold during the month of August. Year-over-year, Ram’s share of the full-size truck segment grew by more than four percentage points.

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U.S. Auto Sales Results: August 2014 YTD

Against less lofty expectations, the U.S. auto industry generated more than 1.58 million new vehicle sales in August 2014, a 5.4% improvement compared with the same period last year. The biggest gains came from Nissan and FCA/Chrysler Group, which jointly raised their August sales total from 286,050 to 332,767 units. Jeep and Ram were the only two brands to top 30% in terms of year-over-year growth.

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  • Lorenzo TikTok won't sway young people, but low prices will. There will need to be a parts and service network in place to go along with it, and of course, the vehicles must be able to survive typical American neglect of maintenance. Miss on those, and Chinese brands can follow Renault and Peugeot out the door.
  • Tassos Enough with this nonsense technology. It is my right to rear end the car in front of me while i drive around in my e-class (diesel, rebuilt) looking for the Hot Women In My Area. My phone keeps prompting me that they are ready to meet me.
  • 28-Cars-Later 33% is still unrealistic, though hybridization of the bread and butter models is in my view (though not sure how well that will go over with the professional use pickup crowd, they already spend a kachillion for conventional technology to subsidize the losses of everything else).
  • MaintenanceCosts When these proposed regs came out it was quickly determined that the industry could satisfy them with a mix of fewer than 1/3 BEVs if nearly all ICE vehicles were hybridized. With that in mind, I think this lawsuit is mostly "FJB" political theater by Republican AGs trying to make sure that they don't get primaried by far-right party bases.
  • Lou_BC An I thought the President had absolute immunity;)