Are pickup truck sales plummeting?
For decades, pickup trucks have been among the best-selling vehicles in America. In fact, models like the Ford F-150 often rank as the most sold vehicle in America. Models like the F-150, Chevrolet Silverado and Dodge Ram 1500 have consistently dominated sales charts and came out on top in sales not just amongst other truck competitors but amongst regular passenger vehicles. Apparently, these trucks appeal to everyone from construction workers, day laborers and farmers to regular consumers that have nothing to do with the building trade. pickup-truck-sales While pickup trucks have a widespread appeal, recent market trends suggest that sales of larger pickup trucks are beginning to slow, raising questions about what this shift means for both automakers and consumers. Several factors are contributing to the decline in pickup truck sales. Above average selling price With a...