America's resurgent housing market, along with strong demand from the booming energy sector, are pushing pickup truck sales to their strongest levels in six years.
"We are seeing a lot of increased business primarily due to the increases in housing. Availability of consumer credit is obviously not hurting us either," said Kurt McNeil, Vice President of U.S. sales for General Motors. "The housing and the truck sales have sort of lead, but we are seeing the American family coming back now too with pretty good crossover and utility sales."
Overall, the large full-size market is expected to make up 11.5 percent of all auto sales last month, an increase of 1 percent compared to the same period in the last 3 years.
The strength in pickups is one reason May sales are slightly higher than estimates.