Skip to Content
Streetsblog USA home
Streetsblog USA home
Log In
Cars

Rising Gas Prices Hurt Truck Sales

The New York Times reports:

truck.jpgAs with sport utilities, the popularity of pickups is in decline. Sales have dropped, rebates and other incentives are climbing, even for companies like G.M. and Toyota that have the newest models on the market...truck sales are down 5 percent so far this year from a weak market last year. That is more than double the overall decline in industry sales, which are down 2 percent this year.

Because of the decline, automakers expect pickups to post their lowest sales this year since the beginning of the decade, even with incentives.

"We used to have a lot of people getting out of an S.U.V. and into a truck," said Scott Satiritz, general sales manager at Massey-Yardley Chrysler Dodge in Hobe Sound, Fla. Now, he said, "the average customer is not buying a pickup."

"They're into economy cars because of the mileage. Gas prices have really hurt."

Stay in touch

Sign up for our free newsletter

More from Streetsblog USA

Friday’s Headlines Go Back to the Future

If you liked the first Trump administration's transportation policies, you're going to love the second Trump administration's transportation policies.

July 19, 2024

Advocates Share What It Takes to Fight Highway Expansions in Court 

What does it take to sue your state DOT? Time, money, the right partners, and a little creativity, a recent survey of activists found.

July 19, 2024

Friday Video: Paris Does it Again

Come for the bike-friendly streets, but stay for adopt-a-tree program and all the car-free school roadways.

July 19, 2024

Talking Headways Podcast: IrrePLACEable

Kevin Kelley on his book Irreplaceable: How to Create Extraordinary Places that Bring People Together, and the future of downtowns.

July 18, 2024

This Heat Wave is a Car Dependency Problem

Our quickly warming planet has a unique impact on people who don't or can't drive — and we need policy action to protect their health.

July 18, 2024
See all posts