Ford US Pickup Sales Back to Normal
“Full-size pickups are up just slightly from a year ago, but it’s above the 9-to-10 percent level we saw in April and May when gas got to $4 a gallon,” George Pipas, a Ford sales analyst, stated in Dearborn, according to a Bloomberg report.
According to the AAA, the average price of unleaded gas sits at an $3.54 per gallon. This has resulted in a year-on-year increase of 7 percent for Ford’s F-Series pickups.
However, Ford is still taking the chance of a double-dip recession seriously. “Our plan is economic growth will be slow over the next several quarters. The surveys say people are uncertain about the future. An automobile is a discretionary purchase; you can wait,” Pipas said.