While the automotive industry continues to see strong gains as a whole, much of these increases are due to the considerable demand for pickup trucks and SUVs.
According to recent information from Autodata, the seasonally adjusted annual sales rate reached 16.77 million units in May. The report noted that this is the third consecutive month where rates have been above 16 million, and May’s sales were 15.7 percent higher than the month before.
As the automotive industry continues to show strong growth, experts note that not every segment is having a strong performance.
“It’s interesting to look at where the winners and losers are,” said Alec Gutierrez, a senior analyst at Kelley Blue Book. “If there’s any weakness, it continues to be the small and mid-size sedan segments.”
Gutierrez noted that much of the gains have been due to the strong performance from pickup trucks. As the warmer weather generally brings on more construction, workers often purchase pickup trucks in high numbers to help feed this demand, and it appears this continues to be the case in 2014.
What were the top-selling trucks in May?
As trucks remain in high demand, that raises the question: What trucks do buyers want?
PickupTrucks.com recently released its monthly report on top-selling trucks, shedding light on just what pickups Americans were after in May. Here’s the list:
- Ford F-150 (68,520 units sold during May)
- Chevrolet Silverado (46,648)
- Ram Truck (37,131)
- GMC Sierra (18,326)
- Toyota Tacoma (13,876)
- Toyota Tundra (11,391)
- Nissan Frontier (6,662)
- Honda Ridgeline (1,425)
- Nissan Titan (1,166)
While the F-150 has been the top-selling truck for decades, sales actually fell 4.3 percent compared to the month before. However, Chevrolet posted a 7.8 percent monthly gain, while Ram Truck sales jumped 17.2 percent.
“Ram and GMC had particularly strong months and could be on track to do something this year that neither has done in a very long time – continue a string of back-to-back double-digit monthly sales improvements,” read the report from PickupTrucks.com.
Truck accessories in high demand
As trucks are currently in high demand, so too are accessories that improve their performance. For example, those looking for increased security for their pickup are encouraged to look into a truck bed box.
These products will ensure truck owners have a safe place to store all their gear. When choosing a brand, there are no other products as innovative and safe as Tuffy Security Products.