Pickup Truck Trend To Go Back In 2018

It’s time to check out the free classifieds L.A. because according to experts, 2018 will be the year that pickup trucks are coming back. One of the proofs is the recent launching by General Motors of their new pickup model, the Chevrolet Silverado.

There are many rumors about the rise of shared mobility as well as robo-taxis but the auto show held in Detroit proved otherwise. In fact, there was one thing that stole the show and it was the full sized pickup trucks – the traditional vehicles known for being profitable.

Manufacturers of automobiles in Detroit regard large pickup trucks as their franchise. These are the star of the companies.

Following the footsteps of General Motors, the 2019 Ram 1500 manufactured by Fiat Chrysler Automobiles is also going to be launched to the public next month during the North American International Auto Show to be held in Detroit. GM revelation was held in Texas and there the people were able to witness the 2019 Chevrolet Silverado. The company said that more information is going to be released regarding the model.

Some might be wondering why there is so much buzz when it comes to pickups. Aside from the fact that these two, the Chevy Silverado and the Ford F-150, are to best selling in the country, they are also considered to be very profitable by the respective companies.

The auto analyst of Citigroup, ItayMichaeli, conducted a presentation to their investors last year and he said that every pickup truck sold by General Motors is earning them a profit around $11,000 while selling an SUV or a crossover will only give automakers a profit between $500 and $1,000. When they sell an average passenger automobile, the company actually loses a few hundred in the process.

Last month, a full sized pickup truck sells for $47,393 which is higher by $400 compared to the previous year.   If you calculate everything, the total price can be $60,000 or above. For people wanting to sport a pickup truck next year but can’t afford the brand new ones, free classifieds L.A. has a lot of secondhand pickup trucks for sale.

By Nikki Sanderson Posted in Business