Lots of good information on our econemy with lots of truthful graphs.
Would it have anything to do with the new engine regulations?
The world economy is falling quick. It will not be long now.
Pair this news with FedEx saying their Q3 sales/shipments forecast being reduced.....
the tea leaves are starting to show a pattern.
Buddy of mine has a BIG Dodge diesel truck, 4 doors, roomy and can pull the largest 5th wheel they make. It’s loaded, turbo, specialty engine computer for efficiency, heavy duty transmission.
He carpools with me, because at $4.31 a gallon for diesel, he’s paying upwards of $250 a month in fuel. His goal is to sell this rig, and get a little Tacoma or Tundra - not only will gasoline be saving him big, but the fact that his current rig gets far worse mileage than most Tacoma or Tundra trucks - he’ll slash his fuel bill by close to 75%.
With fuel costs high, and promising to go higher (with no end in sight) - why would anyone who doesn’t absolutely NEED a big truck, consider a big truck?
O has driven the US Economy into another recession.
Who needs trucks when we have unicorns...
Without getting myself in trouble, let’s just say August was a little better for orders (this article is a month old).
I just read the same thing about truck sales falling fast in Germany.
http://www.youtube.com/watch?v=yZNVF1F23oQ
Interesting although trucks can and do last a long time. I still see a lot of Peterbuilts, KW’s, etc that were made from the mid 1950’s through the 1970’s still in service. The Peterbuilt they used in “Duel” (1972 movie) is still a common sight and it is from the 1955/60+ era. One of my neighbors, he still uses the same 195’s era Chevy dump truck that he had before I was born and I’m 46. I still see the message behind the article though that means the economy ain’t too good and people are holding onto their old trucks (and cars too). I know one man who is getting his frame welded up and fixed for a 1991 Buick instead of buying a new car, it is cheaper for him to do that. There is another man who’s 1995 Pontiac’s engine blew up and he had a 1979 Plymouth Volaire (or Dodge Aspen) he hasn’t fired up in over 15 years. He just needed a new alternator and he got it going. He can’t afford to fix the Pontiac or get a new car so the 1979 Volaire will have to do.