Pickup Trucks Overtake Econoboxes, Return To Top Sales Spot In October

We just saw the following chart of Top 10 retail vehicle sales for October, 2008 showing the Ford F-150 and Chevy Silverado overtaking the Toyota Camry and Corolla. Looks like that drop in gas prices to under $2 per gallon due to a lack of economic growth have already made us forget about the summer pains of high gas… » 11/24/08 3:00pm 11/24/08 3:00pm

Car Industry Carnage: October Sales Wrap-Up

Sales results released yesterday confirmed October was another month of dismal vehicle sales in the U.S. market. Of the top players, General Motors fared worst, seeing sales plunge 45.4% from the same month a year earlier. Chrysler was down 34.9%, while Ford was down 29.2%. Of the import "big three," Nissan dropped… » 11/04/08 8:30am 11/04/08 8:30am

Volvo Trucks Posts 99.7% Decline In Euro Truck Orders Over Last Quarter

One of the behemoths of the global heavy trucking industry, Volvo Trucks, has reported a truly shocking decline in sales for the third quarter of this year. Volvo claims a 99.7% reduction in demand compared to the same period a year ago. That means orders went from 41,970 trucks in the third quarter of 2007 to just… » 10/28/08 8:40am 10/28/08 8:40am

Toyota: Credit Not Responsible For Current Sales Slump, But Please…

Jim Lentz, Toyota's US sales chief, told the Detroit News » 10/10/08 10:00am 10/10/08 10:00am yesterday that consumer financing isn't their challenge right now; rather, low consumer confidence is keeping buyers out of showrooms. "The vast majority of our customers are able to get approved for loans," said Lentz, claiming that a record number of…