Wednesday, August 4, 2010

Pick-Up Truck Sales Drive Detroit Toward Profitability

Michigan Expats - News - See All News

By Doctor


Both Ford and GM sold over 100,000 light trucks each in the month of July, writes Manny Lopez in the Detroit News today.

These positive sales numbers will not receive as much publicity as the recent announcements regarding Chevrolet's highly hyped electric Volt, but they are probably more important to the long-term success of the domestic auto industry.

As Lopez points out, "Ford Motor Co. sold more trucks in a week last month than all of the Volts General Motors Co. plans to produce in a year."

Michiganders hope that the Big Three can return to sustainable profitability. That goal will be much more likely if  "the auto industry is driven by cars and trucks that consumers want, not what the government says must be built."

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