Up next word on the street | 2019 Wards 10 Best Engines Award & 2019 Daytona 500 Silverado Published on March 20, 2019 Author Chris Hamilton Share article Facebook 0 Twitter 0 Mail 0 JD Power: Pickup Prices Soared 61% in 10 Years Pickup trucks used to be the ride of the working-class, the vehicular equivalent of the humble denim. But just like designer jeans, today’s trucks have gone upmarket. Nowhere is this more evident than a recent study by JD Power, which found that price tags of new trucks have soared by an astonishing 61% over the last 10 years. In contrast, the average price of all vehicles rose by only 28% over the same period.Subscribe to our weekly newsletter According to data by JD Power, Americans shelled out an average of $44,000 for a new full-size pickup last year, compared to just under $27,000 in 2009. Currently, the average price point of all vehicles is only around $32,500. This price disparity is significant for the Big Three of Detroit. The bulk of Ford and General Motors’ global revenue last year came from full-size pickups like the F-Series and the Chevy Silverado, this despite such models accounting for only 10-15% of total sales volume. In fact, the Q4 earnings of all three automakers were driven by strong truck demand in the US market. Ford in particular stated that robust sales of domestic pickup trucks enabled it to offset overseas losses. GM’s edge in the pickup truck segment allowed it to reap an 8% global operating margin, which is about the same as luxury brands like Mercedes Benz and BMW. For Fiat Chrysler, meanwhile, the Ram and Jeep brands contributed a healthy share of revenue, providing FCA with a 6.1% operating margin.
14-inch Stryker lift on a ’08 Ford F-250 Lariat with 26" American Force wheels An F-250 That Bumps When you’re the community manager at Memphis Car Audio, there’s a decent chance your ride is eventually going to get stuffed […] Mike Self September 19, 2022 Department Features HEADLINE Industry News Latest Profiles Reader Rides Truck Reviews Uncategorized
Hot Rod Power Tour 2022 Live Broadcast presented by Street Trucks Magazine Tune In for our live broadcast of Battle in Bama featuring interviews with the owners of sWe are officially packed prepped and patiently waiting to […] Nicole Hamilton June 26, 2022 Department Events Industry News Latest Product Reviews Profiles Reader Rides Show Uncategorized
Top 10 Trucks - 3rd Annual Chevroleteros in Aguascalientes, Mexico Photos and Top 10 by : Victor Lopez The show was in Aguascalientes, Mexico as a 2-day show, presented by The Chevroleteros. Held at […] Adam Johnson July 11, 2022 Department Events Industry News Latest Press Release Profiles Reader Rides Tech Uncategorized
C10 Vintage Air Install | Project Last Chance Josh installed a Vintage Air SureFit kit on his ’67 C10. This kit comes with everything. you need to install an AC system in your […] Adam Johnson May 11, 2022 Department Industry News Latest Press Release Product Reviews Profiles Uncategorized Videos