Light-duty diesel sales up 28% during 2019-2020
Sales of pickup trucks and sport utility vehicles (SUVs) with diesel engines grew 28 percent during 2020, even as overall auto sales declined by over 14 percent for the year according to a report this week from the Diesel Technology Forum.
Among alternative fueled vehicle offerings, vehicles with diesel engines held 5 of the top 10 rankings for fastest growing sales (2019-2020) based on data and analysis provided by Alan Baum and Associates.
“For several decades, full-size pickup trucks have been at the top of the most popular selling vehicles in America, and now with new fuel-efficient and powerful diesel engine options available, last year’s 28 percent growth in sales results confirm that consumers are embracing the new generation of diesel technology more than ever,” said Allen Schaeffer, executive director of the Diesel Technology Forum, a not-for-profit association representing manufacturers of diesel engines and equipme
Diesel Sales Up 28% in 2020 Boosting Truck Segment Fuel Economy
01/25/2021 | 12:11pm EDT
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Washington, DC, Jan. 25, 2021 (GLOBE NEWSWIRE) Sales of pickup trucks and sport utility vehicles (SUVs) with diesel engines grew 28 percent during 2020, even as overall auto sales declined by over 14 percent for the year. Among alternative fueled vehicle offerings, vehicles with diesel engines held 5 of the top 10 rankings for fastest growing sales (2019-2020), according to the Diesel Technology Forum, based on data and analysis provided by Alan Baum and Associates.
“For several decades, full-size pickup trucks have been at the top of the most popular selling vehicles in America, and now with new fuel-efficient and powerful diesel engine options available, last year’s 28 percent growth in sales results confirm that consumers are embracing the new generation of diesel technology more than ever,” said Allen Schaeffer, Executive Director of
Former GM Labor Expert Claimed by the Pandemic
Former university professor changed the face of labor negotiations.
GM’s former top labor negotiator, Art Schwartz, died due to complications from COVID-19.
Art Schwartz, one of the principal architects of the labor peace that cleared the way for domestic auto industry to rebuild after the Great Recession, has died due to complications from COVID-19. Schwartz, 72, one of General Motors Co.’s top labor negotiators, died over the weekend in an Ann Arbor hospital.
“I considered him a friend, although I hadn’t talked to him in a while,” said Alan Baum, an analyst from West Bloomfield, Michigan, who has studied automotive production for several years. “What a tragedy.”
unemployment rate will remain unchanged. ahead of the news, stocks staged a major comeback, and commodities rallied as well. after hours, gap shares continued to gain after posting same-store sales that rose 7%. starting this month, apple reportedly is launching its first iphone trade-in program. and protesters are trageting the chicago sun-times. the newpaper recently laid off its entire staff of photographers. scott bauer of trading advantage joins us now, and scott, are traders just ready to pounce all over this jobs number coming out today? - i ll tell you what, angie, yesterday at the close, there was just some massive buy orders coming into the s&p pit. it was actually pretty frenetic in there. i haven t seen activity like that in quite a while. so, i think that traders are ready for a big move. i think the bias is to the upside. i am one of the few that think unless we get just an abysmal number, that we re going to rally into that. - one of the big rallies that could