FYI: We like to track sales of pickup trucks as they are often a sign of strength or weakness in the small business and construction sectors. Based on this idea, both appear to be doing well. In the latest release for December, Ford announced that sales of F-Series trucks totaled 85.2K, which represented an increase of 14.6% from last December’s total and the largest December y/y increase since 2011. This month’s sales total also makes this December the best month for Ford truck sales since 2005 and the third best December on record. To put this into perspective, sales in December 2015 were more than double the total of December 2008.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/best-december-for-ford-truck-sales-since-2005/
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BERLIN (Reuters) - German automaker Volkswagen AG assumes it will have to buy back about 115,000 cars in the United States as a result of the emissions scandal, a newspaper reported on Thursday.
Without citing its sources, Germany's daily Sueddeutsche Zeitung said the company expected it would have to either refund the purchase price of a fifth of the diesel vehicles affected or offer a new car at a significant discount
http://news.yahoo.com/volkswagen-likely-buy-back-115-000-cars-u-000301330--finance.html
These include S U V's of all sizes.$2.00 gas and everyone's style'n !!
Light trucks includes vans, pickups, and sport utility vehicles
Sales of light trucks set the pace in 2015 with a 12.7% full-year increase to a record 9.69 million units. Their 55.7% share of total vehicle purchases also was a new record. The gain was led by a 25.3% surge in imported light truck sales to 1.37 million units, just off the 2007 record of 1.47 million. Not to be outdone, the 10.8% increase in sales of domestically produced light trucks pulled them to a record 8.33 million.
http://www.haver.com/comment/comment.html?c=160105B.html
More..Ford F - Series PU, Chevrolet Silverado PU, Dodge Ram PU top 3 in Y T D vehicle sales.
http://online.wsj.com/mdc/public/page/2_3022-autosales.html#autosalesC
Those Darn Gas Guzzlers !
Hyundai Motor Co (005380.KS) said on Thursday it will start making its Santa Fe Sport at its Montgomery, Alabama, factory in early summer to increase supply for the quick-growing crossover sport utility vehicle (SUV) segment of the U.S. market.
The announcement comes as the South Korean automaker grapples with stagnating sales of its mainstay sedans such as the Sonata as low oil prices drive sales of petrol-guzzling SUVs and trucks.
http://www.reuters.com/article/us-hyundai-motor-usa-output-idUSKBN0UL2QP20160108