2010 Truck Sales Figures
- Thread starter Diamondpilot
- Start date
- Views: 10602
davygp38
Gold Member
Did I read that link wrong, I thought it said Ford Rank #1 for the month of February?
Dmace
Elite Member
It did because it broke the GMC Sierra and Chevy Silverado into two different groups (same truck). In reality, when you combine the GMC and Chevy numbers you see the real story that GM trucks are the best selling. But those Ford fans like to think they have had the best selling truck for 30+ years...
OP
Diamondpilot
Super Star Member
- Joined
- Jan 18, 2007
- Messages
- 16,316
- Location
- Daleville, IN
- Tractor
- Jinma 254/284 Ford 861 Powermaster at work
I am actually in Detroit. Got here yesterday at Noon. On the local news last night they were talking about how GM has its sales back on track. They specifically sited 0% financing for 72 months, great lease deals, and the fact that GMAC has significantly loosened the qualifiers for financing.
They had a financial annalist also on saying its a double edge sword for GM and the others. There is a lot of consumers waiting to buy due to the economy and this may set them up for failure. Part of the problem is gas prices this summer. Currently its $3.59 across the street from the Hotel I am in. If they buy just because they now can afford it due to the low lease rate or financing. Also giving credit to individuals that could not get financed just 2 months ago is also setting up GMAC for major problems. He called it irresponsible.
Chris
They had a financial annalist also on saying its a double edge sword for GM and the others. There is a lot of consumers waiting to buy due to the economy and this may set them up for failure. Part of the problem is gas prices this summer. Currently its $3.59 across the street from the Hotel I am in. If they buy just because they now can afford it due to the low lease rate or financing. Also giving credit to individuals that could not get financed just 2 months ago is also setting up GMAC for major problems. He called it irresponsible.
Chris
buck12
Veteran Member
GM has learned a valuable lesson: if they screw up big brother will come in and clean up the mess at the expense of stock holders and the tax payer so why not offer financing to anyone and everyone.
Soundguy
Old Timer
- Joined
- Mar 11, 2002
- Messages
- 51,575
- Location
- Central florida
- Tractor
- RK 55HC,ym1700, NH7610S, Ford 8N, 2N, NAA, 660, 850 x2, 541, 950, 941D, 951, 2000, 3000, 4000, 4600, 5000, 740, IH 'C' 'H', CUB, John Deere 'B', allis 'G', case VAC
hey now.. my post was deleted and it wasn't poking at anybody :|
soundguy
soundguy
Dmace
Elite Member
:laughing: It never gets old with the Ford fans.
Ford sells the most trucks in January so it must mean they have the best truck, GM sells more in February so that must mean they cut the prices and have good financing so they can sell trucks to those that can't afford them.
No way those Ford numbers could have been due to under-priced fleet sales and 0% financing...:laughing:
Thanks for the morning laugh as usual.
Yeah, both GM and Ford get a boost from the low interest loans and their fleet sales. And GM just increased their fleet sales and boosted their finance deals so it's their turn for awhile. Last month I said it looked like the stars were aligned for Ford, with the new engine models hitting the dealers in March, just in time for the big "truck month" sales efforts. But these gas prices are going to really cut into the sales for buyers of family or commuter trucks. Ford might get a little boost from GM and Ram buyers switching brands if people really need a truck and want the best MPG, but that will amount to minimal sales I bet. Most people are brand loyal. The good news for Ford is they are also positioned as having the most fuel efficient full line of vehicles (4 car models 40mpg) so they will be selling cars instead of trucks. I'm hoping to buy a truck late this year, so maybe they will be giving them away by then.
OP
Diamondpilot
Super Star Member
- Joined
- Jan 18, 2007
- Messages
- 16,316
- Location
- Daleville, IN
- Tractor
- Jinma 254/284 Ford 861 Powermaster at work
This may not all matter for GM now with the major plant fire up in Detroit Wednesday. No, I did not set it.
They are already cutting shifts due to parts supply issues.
This is not a little parts supplier either. They mainly cater to GM but if you remember they were in line behind Fiat to buy Chrysler in 07/08.
GM cancels Flint shifts due to parts supplier fire | thestarpress.com | The Star Press
Increasing sales number is nothing new for GM, Ford, Dodge or anyone else with incentives, loosening credit, ect. Not saying its a bad thing Dmace, just stating this is how they move trucks and the fact that the Ecoboost for the Ford is just now hitting showroom floors this month.
Chris
They are already cutting shifts due to parts supply issues.
This is not a little parts supplier either. They mainly cater to GM but if you remember they were in line behind Fiat to buy Chrysler in 07/08.
GM cancels Flint shifts due to parts supplier fire | thestarpress.com | The Star Press
Increasing sales number is nothing new for GM, Ford, Dodge or anyone else with incentives, loosening credit, ect. Not saying its a bad thing Dmace, just stating this is how they move trucks and the fact that the Ecoboost for the Ford is just now hitting showroom floors this month.
Chris
MoKelly
Super Member
- Joined
- Oct 30, 2009
- Messages
- 5,869
- Tractor
- Bobcat CT235, Bad Boy z-turn, Suzuki Vinson 500 and F-150
I never did understand why car companies sell the same truck under different brands. Seems like a waste of time and effort. Do some dealerships sell both the GMC and Chevy brand on the same lot?
MoKelly