Title : The Market, Energy, And Political Page, Part 2, T+49, Detroit Block Party -- October 1, 2018
link : The Market, Energy, And Political Page, Part 2, T+49, Detroit Block Party -- October 1, 2018
The Market, Energy, And Political Page, Part 2, T+49, Detroit Block Party -- October 1, 2018
Trucks. Link here.The F-Series is not just the best-selling truck with Silverado and Ram second and third; these are the best-selling vehicles of any kind in the United States. They are crucial to domestic automakers' profits and, along with SUVs, an increasing share of their production as consumers move away from sedans.
“Detroit may have been through hell and back in the last 10 years, but these are the best three trucks ever built," said Eric Noble, a product development consultant and professor of vehicle technology at Art Center College of Design in Pasadena, California. "Their factories are running flat out, import competitors have faded into the rearview mirror, and transaction prices have never been higher.
“This isn't war, it's a Detroit block party.”
These aren’t your father’s full-size pickups. They’re deluxe. Average transaction prices for pickups are nearing $50,000, and large truck sales accounted for nearly $1 of every $5 spent in the car industry in 2017, said Ivan Drury, senior manager of industry analysis for Edmunds. Some versions can cost more than $100,000.
Sales are hot, with the full-size pickup segment up 2.6 percent in 2018 through August. In 2017, American shoppers bought nearly 2.4 million full-size pickups.Making America great.
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