TruckSales'14 GM pickups get strong projected resale values 12:01 am U.S. ET | June 17, 2013 The redesigned 2014 Chevrolet Silverado and GMC Sierra now arriving in showrooms sport sharply stronger resale values than the models they replace. ALG, a research company that monitors and projects vehicle values, assigned a forecasted residual value of 55 percent after 36 months for the crew-cab Silverado, and 56 percent for the Sierra.... Read More »
HAULING IT IN Big pickup transaction prices rise at twice the industry rate 12:01 am U.S. ET | June 10, 2013 It feels like the good old days for the Detroit 3, with big pickups flying off dealership lots and plants running full out to fill orders for large, profitable models. Although volumes remain well below the previous peaks, average transaction prices for full-sized pickups have increased at more than double the average rate for the industry since 2005, according to Edmunds.com. And manufacturers are not creating demand artificially with unsustainable discounts.... Read More »
Ram takes aim at GM, Ford truck-fleet reign 12:01 am U.S. ET | June 10, 2013 May and June are the bidding season for commercial fleet operators who purchase pickups by the dozen and sometimes hundreds. That means the next few weeks will tell whether Chrysler Group's Ram brand will increase its small share of the crucial commercial fleet market.... Read More »
GM cuts incentives as big-pickup sales soar 12:01 am U.S. ET | June 10, 2013 Chevrolet and GMC dealers wondering when General Motors will fully open the incentives spigot on its outgoing full-sized pickups might be waiting awhile. Even as the first redesigned 2014 Chevrolet Silverado and GMC Sierra hit showrooms, GM is commanding higher prices and dangling smaller incentives for the outgoing trucks, which have been on the market since 2006.... Read More »
Automakers ramp up U.S. commercial truck offerings 12:01 am U.S. ET | June 8, 2013 When Daimler AG brought its Euro-styled Sprinter van with a 14-foot high roof and sloped brow to the United States, it stood out on the parkway like a pachyderm. Now several automakers, including Daimler, Ford and Chrysler, are bringing new, large, fuel-sipping work vans to the United States as they gear up for a boom in the highly profitable segment. The surge is fueled by new-home construction and an improving economy.... Read More »
Used vehicle prices fall, but pickups still gain 2:15 pm U.S. ET | June 7, 2013 Used-vehicle prices dropped 4.8 percent overall last month compared with May 2012. But prices of used pickups emerged as the only segment to show a slight, year-over-year price increase, the Manheim Used Vehicle Value Index reveals.... Read More »
Ram boosts towing capacity on heavy-duty pickup 12:01 am U.S. ET | Jan. 9, 2013 Ram has fired the latest salvo in the ongoing pickup war between the domestic automakers, releasing what the brand claims is now best-in-class towing capacity for its 2013 heavy-duty pickups. The 2013 Ram 3500 was rated to tow a 30,000-pound trailer, up from a maximum towing capacity of 22,750 pounds for the same vehicle and powertrain setup in 2012.... Read More »
JAMES B. TREECE Remember, trucks make the bucks 12:01 am U.S. ET | Jan. 7, 2013 Car sales rose 18 percent in 2012, twice the gain of light trucks. But trucks are where the money is.... Read More »
NEWS ANALYSIS Remember, trucks make the bucks 12:01 am U.S. ET | Jan. 7, 2013 Car sales rose 18 percent in 2012, twice the gain of light trucks. But trucks are where the money is.... Read More »
GM juices incentives amid pickup glut, sweetens some car leases 1:52 pm U.S. ET | Dec. 7, 2012 General Motors today is rolling out bigger discounts on full-sized pickups and other vehicles in an effort to slash bloated inventories, which are at their highest levels since before GM’s June 2009 bankruptcy. A GM program that starts today and runs through Jan. 2 will allow dealers to add as much as $2,000 in customer cash to 2012 and 2013 Chevrolet Silverados and GMC Sierras, according to a memo sent to dealers.... Read More »
Canada outlook brightens after October sales surge 6:29 pm U.S. ET | Nov. 1, 2012 Canadian vehicle sales surged 7.8 percent last month in the industry's strongest October ever as consumers sought smaller, fuel-efficient passenger cars while also buying more luxury brands.... Read More »
GM to unveil new Silverado, Sierra trucks in December 1:19 pm U.S. ET | Oct. 22, 2012 GM will introduce its next-generation Chevrolet Silverado and GMC Sierra full-sized pickups at a media event Dec. 13 in suburban Detroit. “The bold exterior design of the new Silverado reflects the enhanced capabilities of the truck,” GM said today. The unveiling of the redesigned trucks at Michigan Motion Picture Studios will come a month before the Detroit auto show.... Read More »
Ram launches marketing for 2013 light-duty pickup 1:30 pm U.S. ET | Oct. 8, 2012 Chrysler Group's Ram brand has unveiled a new series of TV commercials featuring actor Sam Elliott and Latin musician Juanes that it will use to launch the re-engineered 2013 Ram 1500 pickup.... Read More »
Truck deals, pent-up demand boost Sept U.S. auto sales 12:01 am U.S. ET | Sept. 30, 2012 Auto sales will likely rise 8 percent or more in September as dealers offered generous cash incentives on pickup trucks that amounted to as much as $10,000 a vehicle in some areas of the United States, analysts said.... Read More »
Mercedes-Benz expanding Sprinter-compatible dealers 3:53 pm U.S. ET | Aug. 24, 2012 Daimler Vans USA plans to expand the number of dealers handling the Sprinter commercial van in the United States by as much as 27 percent, to as many as 250, the unit’s boss says.... Read More »
Hyundai U.S. chief signals investment in capacity, light trucks 3:04 pm U.S. ET | July 13, 2012 Hyundai Motor, headed for its first annual decline in United States market share since 1998, plans to address production constraints and invest in trucks and crossovers, the automaker's sales chief for the country said.... Read More »
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Special Report
Dealer O.C. Welch's big-truck turnaroundAfter Mercury's demise, South Carolina Ford-Lincoln dealer O.C. Welch had to find a way to replace lost revenue. He decided to load up on Super Duty pickups – and sell them online. Mon., June 17» Watch the Video |
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Don Davis Dealerships, Inc. -- Lake Jackson, Texas, United States - Service Manager
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