Truck Sales Decline

Published in the October 2008 Issue October 2008 News

According to a recent SEMA article, truck sales for the first half of 2008 have dropped 23 percent compared to the same time last year. Fuel prices are largely blamed for the drop. AutoPacific, an automotive industry consulting firm, predicts that overall pickup sales (including compact and full-size) will drop 18 percent in 2008.

What's taking the biggest hit? This chart from SEMA shows the numbers.

TOP-20 PICKUP TRUCK SALES JANUARY-JUNE

Make/Model20082007% Change
Chevrolet Silverado 185,057 236,281 -22%
Ford Light Duty 164,828 213,263 -23%
Ford Super Duty 99,032 130,031 -24%
Toyota Tacoma 84,068 92.462 -9%
Dodge Ram Light Duty 79,945 114,860 -30%
Toyota Tundra 76,516 82,840 -8%
GMC Sierra 64,876 73,477 -12%
Dodge Ram Heavy Duty 48,999 70,397 -30%
Chevrolet Silverado HD 46,263 74,615 -38%
Ford Ranger 41,303 42,970 -4%
Chrevrolet Colorado 32,351 41,211 -21%
Nissan Frontier 23,572 34,048 -31%
Honda Ridgeline 19,399 22,019 -12%
Chevrolet Avalanche 18,301 28,567 -36%
GMC Sierra HD 18,298 25,816 -29%
Dodge Dakota 17,379 29,155 -40%
Nissan Titan 17,185 33,073 -48%
Ford Explorer Sport Trac 13,657 20,099 -32%
GMC Canyon 8,684 11,360 -24%
Cadillac Escalade EXT 2,400 11,360 -40%
Total Small (midsize) Pickup Truck Sales 244,569 300,193 -19%
Total Large Pickup Truck Sales 823,927 1,091,573 -25%
Total Pickup Truck Sales 1,068,496 1,391,766 -23%

Source: SEMA

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