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A Quick Word About Some January Vehicle Sales

Bizarre.
#Dodge #Ford #Honda

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Bizarre.

That’s the word that seems appropriate, pretty much across the board, as the vehicle manufacturers are showing strength pretty much across the board—and many of them are selling a heck of a lot more trucks than they did in January 2010.

Ford actually had a 0.4% in car sales, while its utility sales were up 16.8% and trucks gained 24.6%. At Chrysler Group, the bright spots were the Town & Country (up 45%), the Grand Cherokee (up 130%), the Caravan (up 82%), and the Durango—beyond bright to laser intensity—was up 5,113% (OK, so they sold 23 in January 2010 and 1,199 this year).

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At GM there seems to be balance if you group it this way: cars up 39%, crossovers up 35%, trucks up 34%. But if you put the crossovers and the trucks together. . . .

Even Toyota is back, with a 14.7% increase in cars but a 36.5% increase in trucks.

And one of the most odd developments is at American Honda: its car sales were down 7.4% but trucks were up 46%. Honda. Trucks.

According to Gas Buddy, U.S. average regular gas prices were below $2.77 a gallon in January 2010 but during the past month they’ve climbed from below $3.00 to about a dime above.

Wonder how all of those new trucks are going to be working out. . ..

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