Saturday, January 31, 2015

Chart Of The Day: Cars vs. Light Trucks Over The Last Decade

Car sales vs light truck sales chart 2014After selling in virtually identical numbers in 2013, light truck sales in the United States overtook car sales in 2014 for the first time since 2011.

Light trucks, a category which encompasses everything from pickups and body-on-frame SUVs to minivans and commercial vans to SUVs and very car-like crossovers, accounted for 52% of U.S. new vehicle volume in 2014, up from 49.9% in 2013.

Passenger cars, a far more restrictive vehicle classification, achieved less than 2% year-over-year growth in the U.S. in 2014 even as the industry as a whole improved by 6%. Over the last decade, however, car volume was only twice superior to that of the 2014 level. Those two years, 2005 and 2006, also happened to be years in which light trucks outsold passenger cars. That trend came to an end in 2008, a twelve-month period which began a three-year span in which passenger cars would be the dominant force.

The light truck increase in 2014 can be divided into four groups. Pickup truck sales jumped nearly 7%. Commercial van sales rose 14%. Minivan volume was up slightly less than 5%. SUVs and crossovers overachieved with a 12% improvement to more than 5M units.

Timothy Cain is the founder of GoodCarBadCar.net, which obsesses over the free and frequent publication of U.S. and Canadian auto sales figures.

The post Chart Of The Day: Cars vs. Light Trucks Over The Last Decade appeared first on The Truth About Cars.



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