The Rise and Fall of the Pickup Truck


By Jonathan Weber , 2-03-09

The Ford F-150

For 27 years, the top-selling vehicle of any kind in the U.S. has been the Ford 150 pickup truck. But a terrific piece by Josh Levin at Slate suggests that its long reign may be coming to an end. Gas prices are of course one big reason: "As prices spiked above $4 per gallon in May and June, the F-150 was overtaken on the monthly sales charts by a bunch of puny sedans with good fuel economy: the Toyota Corolla, Toyota Camry, and Honda Civic," Levin writes. "With the 2008 F-150s failing to sell, Ford had to delay the launch of the 2009 model for two months while it pushed the previous year's trucks off the lot at deep discounts, cutting into those $4,000-per-vehicle profit margins.

But there's more to it than that, as any Westerner knows all too well: "There's also the problem that trucks are generally more expensive than cars. Times are good in Trucktown when people are buying pickups they don't really need. In a recession, there will be an inevitable falloff in purchases by the "I'm cool if I drive a truck" demographic. Even worse for the automakers, the economic crisis has cut into the base of customers who buy trucks they do need—if a contractor can't get any work, he's not going to need a new F-150 to lug around his tools."

Levin also offers some entertaining insights on pickup truck marketing, along with plenty of numbers. Check it out.



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By Lost Coyote, 2-03-09
By Larry Kralj, Environmental Rangers!, 2-03-09

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