Chevy Silverado pickups plentiful on GM dealer lots
Mind you, the Ford F-150 was the top searched-for vehicle, but that has little to do with the fact that the Chevrolet Tahoe and Chevrolet Silverado came in fifth and tenth place respectively on the CarMax.com tally of searches.
The telling part of this apparent contradiction is CarMax.com is billed as the foremost retailer of used cars in the country, so the people on their site are looking for used vehicles while the ones sitting on new car lots around the nation are brand spanking new.
It would seem a few more were expected to sell in this, the best year for auto sales since 2007. Though truck sales were strong early in the year, they have fallen off during the second quarter of 2012.
Such is the gist of a story posted by Craig Trudell and Hasan Dudar of Bloomberg and posted on the San Francisco Chronicle website. The Bloomberg article cites Ward’s as the source stating GM began July with the highest number of trucks in inventory in over 3 years, an estimated 5-month supply.
Reportedly the brand built and distributed enough Silverados to fulfill sales until the new model comes out after year’s end. Having a bunch left when the new ones come out could create a bit of a problem
Both GM and Ford make money on full size pickups and a return to popularity and a sales boost would go a long way to shore up weak stock prices and poorly performing European trends.
Early projections indicate US light-vehicle sales were up 11 percent in July while the first six months of 2012 drove sales totals up to approximately 7.27 million units.