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Filed under: Trends , Trucks/Pickups , Plants/Manufacturing , Dodge , Earnings/Financials Another victim of the downturn in sales of full-size pickup trucks was revealed today as Dodge will be closing its Saltillo plant in northern Mexico for a period of two weeks. The plant produced nearly 170,000 Ram trucks last year. Yesterday, Chrysler CEO Robert Nardelli indicated that Ram production would need to be adjusted to reflect weak customer demand, and this seems to be the adjustment. According to reports , the plant was idled on Monday and its two-thousand workers are set to return to work on June 23. Last month, sales of the Ram fell by an alarming twenty-five percent. We'd imagine that the last thing Chrysler wants is a large stock of unsold 2008 Ram trucks as it readies the 2009 model , which will thankfully get somewhat better fuel mileage . Dodge is certainly not the only automaker finding it tough to move large pickups off dealer lots. Both Ford and GM have placed large incentives...
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Filed under: Car Buying , Trucks/Pickups , Chevrolet , Dodge , Ford , GM , Nissan , Toyota , Earnings/Financials While the big news story surrounding 2007 sales is that Toyota passed Ford as the No. 2 best-selling automaker in the U.S. last year , there were plenty of interesting battles happening between individual models, as well. The truck segment, though shrinking, is still the most competitive in the U.S. market, and 2007 saw the most serious challenge yet to the domestics' market dominance with the introduction of the 2007 Toyota Tundra. While the F-Series pickup retained its title of Best-Selling Truck for the 31st year in a row (also the Best-Selling Vehicle in the U.S. for the 26th year in a row), its sales fell 13.2% to 690,589. And to think, the F-Series' best-selling year ever was just three years ago in 2004 when it sold 939,511 units. Give the F-Series credit, however, for retaining its No. 1 position despite a brand new Chevy Silverado and GMC Sierra on the market...
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