Word: trucks
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...Ford Motor Co. likes to boast has been that it led the way in sales of pickup trucks for 30 consecutive years now. But with pickup truck sales sagging under a combination of rising gas prices and higher interest rates, Ford's success is looking very rather brittle these days."It looks as if they rode the pickup wave too long. It's looks as if they should have gotten off before the wave crested,"says Jeff Schuster, an analyst with J.D. Power & Associates office in Troy, Mich...
...George Pipas, Ford sales analyst, acknowledges that Ford is more dependent on sales of large pickup trucks than its rivals. Fully 30 % of Ford's sales are in the pickup segment, while pickups account for only 22% of General Motors Corp, sales, 14% of the Chrysler Group sales and only 5% sales at Toyota, which outsold Ford in total vehicle sales for the first time ever in July."It's not that our sales are down more than anybody else's. Actually they're not. But they whole segment is down and it hurts us more,"says Pipas, who notes...
...Thomas LaSorda, Chrysler Group's chief executive officer, also notes that 40% of pickup trucks are sold via big discounts."You can still move the market with incentives. We've protected our share but its become more expensive,"LaSorda says. In addition, the competition in the segment is also about to get tougher as GM launches a new truck this fall and Toyota puts its new truck in showroom floors in January, LaSorda says...
...inspector, put her 2,000-sq.-ft. bungalow in Portland, Ore., on the market and moved into an 84-sq.-ft. cabin on wheels that she built using salvaged cedar, torn-up jeans for insulation and solar cells for power. Then she hitched her tiny house to a biodiesel truck and drove to Olympia, Wash., where friends agreed to let her park in a grassy corner of their backyard. Although Williams, 43, admits that she misses having room for friends to spend the night, she says, "I love my tiny house...
...Tired truckers are responsible for up to 40 percent of large truck crashes. Truck crashes kill over 5,000 people and injure over 100,000 annually. There is practically no enforcement of the regulations which limit the number of hours a trucker may be on the road. Currently, driving hours are recorded by the truckers themselves in paper logbooks. They call them 'comic books' because they are so easily forged. They keep one log for police and another for their company to get paid. Black boxes that record the number of hours a trucker has driven would greatly improve enforcement...