Best-Selling Pickup Trucks: April 2014

Fords Pair 2013 II

As spring ever so slowly warms up, several truckmakers are showing signs of solid growth. Both of GM's truck brands (Chevrolet and GMC) had a good April, even though corporate executives have gone through several rounds of congressional investigations during the last two months regarding ignition switch recalls.

Likewise, Ram continues its strong (meaning double-digit) push into the full-size truck market, closing in on second-place nameplate Chevrolet. Finally, some prognosticators are a little disappointed with Ford, seeing only slight gains for the month and just a 4 percent gain for the year so far.

Several of the big automakers are predicting that between 16 and 16.4 million total units will be sold in the U.S. by the end of the year. However, that could depend on what happens to the economy and the price of fuel as we move into summer. As long as leading indicators like housing starts and the construction industry remain relatively flat, don't expect to see truck sales making a big leap anytime soon. Still, there's plenty to be hopeful about with some surveys seeing more optimism from contractors, and select models like the Nissan Frontier taking full advantage of the situation (up 36 percent for the year). Toyota may even get a small bounce — due to all the media attention — from its decision to relocate several of its corporate groups, including headquarters in California, to Texas, where it builds its pickups.

Regardless of how sales play out by year's end, we're likely to see more attention given to truck-market numbers as all-new models like the 2015 Ford F-150 and the midsize pickups from GM (Chevy Colorado and GMC Canyon) go on sale later this year.

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Comments

@Big Al & Lou BC--I agree that cars and truck are not a real investment because they depreciate rapidly. A business would could consider a truck or van as an asset that depreciates for use in their business. Owning 2 trucks and a crossover is not a necessity for me, but the fact is that I can afford them and I keep my vehicles longer than the average person. I do agree with you Al that extended loans will extend the period of ownership for many because they will keep their vehicles longer because they either don't want to be under water on their loans and/or they want to keep what they have for a while and be free from car payments. I always laugh at the Audi or other European car commercials that say that their cars are investments. People do not buy these cars for investments, they buy them for status or because they like or want them. I took the 5 year 0.9% loan on my wife's new CRV last year not because I needed to but because the interest rate was so low that I made more leaving my money invested than using it to buy the CRV. I could pay it off anytime I want. If someone wants a new vehicle every couple of years then it might make more sense to lease, but in the long run it is better to keep your vehicles longer and pay yourself first.

As for housing if you are doing most of the work yourself then you can make money investing in rental property. I am not as skilled as you are Al, so I have stocks that pay dividends and have maxed out my contribution to my retirement plan. I have everything paid off except the loan on the CRV which I explained above.

@Big Al

I'm here to help. Education today is a commodity. Not an investment.

You still have not understood capital formation sufficiently to engage any further conversation with me on the topic.

The number ONE capital formation & acquisition mechanism in history is...drum roll please...

Fill in the blank for me here, Al. C'mon...you can do it.

@papa jim
Sorry, I can't help you if you don't know the difference between a job and an investment.

It's so simple. An investment is used to (hopefully) generate. A job and income is used to consume.

They are in effect opposites.

My real estate doesn't consume, but like Jeff S and Lou I agree the major portion of money spent on a car personal car is pure waste.

A work truck is an investment that must make a return. So when you buy a truck you look at the overall costs of operation, ie, over time vs income. We then have profit and loss!

"I'll lurn u bout simple busyness, it tain't ard now tis' it jimbo" ;)

Oh, when I finish my carpentry, I set up my own factory (timber joinery) when I was 21 on 33 acres. I was what we call a manufacturer wholesaler and supplied chain operation and department stores in Australia ;)

Family problems occurred in my late 20s, so I quit the business and turned to engineering and aviation, an area that was always of interest to me.

This is how I gained knowledge about trucks etc. My business also allowed me to build a rally car (mini truck). Probably more highly modified than what most who read this site have ever driven.

I designed and built the truck myself.

A Nissan of course. I'm a Nissan man deep down, up until the D40 came about.

@Big Al

Regarding capital formation: Your replies leave out the NUMBER ONE mechanism for acquiring capital.

Seriously, Al.

DRUM ROLL PLEASE:

The number-one capital formation tactic in the history of investing (and still is today)...leverage.

Leverage, for those of you who attended American public schools, is BORROWING. Another word for CREDIT.

99.9 percent of all stock market transactions are conducted using either long or short term leverage. Not just stocks, either. Every debt instrument (aka Bond) in the markets either extends credit or a chance to make money off of debt.

Every short-sales strategy utilizes credit. Impossible to short as a strategy without credit.

Building and renting property? Not so much, unless the housing play is a fig leaf for leveraging cheap credit.

There Al. Don't you feel better now--you learned something!

@papa jim
You were discussing jobs and investments.

If you want a concrete advice on how to make capital just make some more misleading comments.

Like I've already stated there are two way to make money.

By creating something that didn't exist or by buying and hoping for capital growth.

Which one do you think is the riskier?

@Big Al

don't make the rookie mistake of confusing EQUITY and CAPITAL.

Equity: Means you own it. My equity in a business or a house is PAID FOR.

Capital: It makes no such distinction. My capital-position in a business or house can be 100 percent financed, but for business purposes it makes no difference--my rights are assured.

There are topics that we've debated where you hold the cards Al, this isn't one of them, based on your comments.

@papa jim
You appear to be moving in a direction that wasn't discussed.

Hmmm......deflection??? This is what DiM does as well in a discussion, deflection of an argument to focus on what you think you know than what you didn't know.

I haven't discussed my equity. I did mention collateral using my real estate, which is tied to my equity.

So, you want to know what I'm worth??

Odd way of trying to find out my worth.

Michigan, U.S.A. RULES!!!

This comes from a guy who drives a Ford and next one is going to be one as well...but Ford and dodge to a lesser extent have inflated numbers because of commercial fleets. I have worked in oil boom towns in north Dakota and Texas and 90 percent of the thousands of company trucks on the road are Ford's, with the vast mojority of the rest being rams.



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