Skip to Content
Streetsblog New York City home
Log In
Car Culture

Rising Gas Prices Hurt Truck Sales

10:40 AM EDT on June 12, 2007

The New York Times reports:

truck.jpgAs with sport utilities, the popularity of pickups is in decline. Sales have dropped, rebates and other incentives are climbing, even for companies like G.M. and Toyota that have the newest models on the market...truck sales are down 5 percent so far this year from a weak market last year. That is more than double the overall decline in industry sales, which are down 2 percent this year.

Because of the decline, automakers expect pickups to post their lowest sales this year since the beginning of the decade, even with incentives.

"We used to have a lot of people getting out of an S.U.V. and into a truck," said Scott Satiritz, general sales manager at Massey-Yardley Chrysler Dodge in Hobe Sound, Fla. Now, he said, "the average customer is not buying a pickup."

"They're into economy cars because of the mileage. Gas prices have really hurt."

Stay in touch

Sign up for our free newsletter

More from Streetsblog New York City

School Bus Driver Hits Cyclist, Injures 3, On Major Brooklyn School Bike Route

The crash happened on the route of the weekly Bergen bike bus.

September 21, 2023

City of Yes Yes Yes! Adams Calls for Elimination of Parking Mandates on ALL New Housing

Mayor Adams today announced the historic end to one of the city’s most antiquated — and despised — zoning laws requiring the construction of parking with every new development.

September 21, 2023

Cruise Ships Saddle Red Hook with Traffic ‘Nightmare,’ Toxic Fumes

Red Hook is drowning in traffic and smog from cruise ships Mayor Adams has touted as a "boost" to the economy.

September 21, 2023

Thursday Headlines: UN Hypocrisy Week Edition

The Bronx Zoo and the New York Botanical Garden preach climate action, yet still oppose better bus service. Plus other news.

September 21, 2023

Online Retailers Selling Illegal Batteries and Mopeds to City Buyers

Call it Amazon crime: The mammoth online retailer is selling illegal batteries and mopeds to city residents, despite such devices being forbidden from city streets.

September 21, 2023
See all posts