Trucks fetching higher prices as auto sales continue rise - Detroit Free Press
For the first half of the year, two of the 10 best-selling models priced above $50,000 were pickups — Ford F-Series and Ram (1500 through 3500). Most luxury brands posted big increases as automakers reported July auto sales Monday. But the weakness in the ATS sedan (down 38. 5%) and CTS sedan (down 25. 7%), was partially offset by a 47% increase in sales of the SRX crossover, which at 6,753 is Cadillac’s best-selling vehicle. Mark LaNeve, Ford’s vice president of sales and marketing, said the average transaction price for an F-150 was $44,000 in July, or $3,200 more than last year, even though the automaker boosted incentives last month by $1,000. “We’ve see some very... GM’s Chevrolet brand sold 56,380 Silverados, a 33. 9% increase compared with last July. TrueCar, the car shopping information and research firm, estimates the industry took in a record $47 billion in revenue last month, up 2. 1% from July 2014. Overall, the industry’s annual selling rate in July rose to 17. 55 million, raising the... With gas prices falling again, sales of pickups, SUVs and crossovers continued at a torrid pace while passenger cars are proving to. Source: www.freep.com
