Truck sales a good sign for economy
Trucks outsold cars by the highest margin in nearly five years in October, a good sign for the economy. Light-duty trucks -- pickups, SUVs and minivans -- made up 54 percent of all new U.S. vehicle sales last month, compared with 46 percent for cars, according to J.D. Power and Associates. It's the biggest difference since December 2005. Strong truck sales indicate that people are spending more; both private owners willing to make bigger vehicle payments and small business owners willing to expand their fleets.
--The Associated Press
Automakers see strong October sales
The top-selling vehicles and the total number sold last month, with September's rank in parentheses:
1. Ford F-series, 49,041 (1)
2. Chevrolet Silverado, 34,283 (2)
3. Toyota Camry, 25,014 (3)
4. Honda Accord, 21,451 (4)
5. Nissan Altima, 18,978 (7)
6. Toyota Corolla, 18,636 (5)
7. Honda CR-V, 18,040 (9) (shown at right)
8. Hyundai Sonata, 17,505 (6)
9. Ford Fusion, 17,362 (-)
10. Dodge Ram, 17,316 (10)
--The Associated Press


1 Comment
By joy dsilva on November 24, 2010 12:11 AM
I enjoyed reading the post, thanks for sharing the information. Its true increase in trucks sale is good indication for economy.