Strong sales of pickup trucks and sport-utility vehicles in North America powered General Motors to a $2 billion first quarter profit.
An aging pickup truck fleet and healthy economy are pushing pickup truck sales to new heights this year.
The FCA Group’s brand has won market share and boosted profitability by listening more closely to customers and breaking the mold of what a pickup can be. But its president says Ram is not resting, given the hyper-competitiveness of the segment.
Navistar’s first quarter sales slumped in its core North American market and exports softened because of the strong dollar.
Used commercial vehicle sales remained strong in fourth quarter of 2015, IHS Automotive reported.
Sales of commercial heavy-duty trucks will slow as manufacturing and energy industries require fewer trucks, IHS Automotive said.
Robust sales of trucks and sport-utility vehicles pushed global sales at General Motors Co. to 9.8 million vehicles in 2015.