Boost in pickup truck sales hints of economic rebound

In a sign of economic recovery, sales of large pickup trucks and cargo vans ”” the types of vehicles used by construction companies and small businesses ”” are at their highest level in more than two years.

The economy has improved to the point where small-business owner Mark Dalessi of Sunwest Air Conditioning in Costa Mesa felt comfortable enough to spend nearly $50,000 on two new Chevrolet Silverado trucks.

For much of the last two years, Dalessi said, he “cut back on all unnecessary expenses.” If he had a problem with one of his nine trucks, “I would Band-Aid it.”

Read it all.

Posted in * Economics, Politics, Corporations/Corporate Life, Economy

5 comments on “Boost in pickup truck sales hints of economic rebound

  1. Archer_of_the_Forest says:

    Yeah, well…when gas hits $4+ a gallon this summer, we’ll see how well this goes.

  2. Cennydd13 says:

    I usually buy my gas at Costco……nice savings. And if I’m near a military installation, I buy it there; no state and local sales tax.

  3. Chris says:

    I’m not buying it (or any cars), I think things are going to get worse. I hope I’m wrong…

  4. upnorfjoel says:

    I would check on the spike in sales of all those cargo vans. It’s likely that a large number of foreclosed families are now buying them to live in!

  5. Sick & Tired of Nuance says:

    “Automakers sold nearly 411,000 large pickup trucks and cargo vans in the last quarter of 2010…”

    How many were purchased by the GSA (Federal Government)?