According to a media report, in the US market, pickup trucks outsold passenger cars for the first time in April 2020. More than 186,400 pickups were retailed last month against 169,200 cars.
Until 5 years back, passenger cars outsold pickups by 500,000 units in some months. The report claims that schemes like 0% interest and 7-year loan terms also helped in increasing sales of pickup trucks.
Full-size pickups accounted for over 40% of total sales of carmakers like General Motors, Fiat Chrysler Automobiles and Ford in the month of April.
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