BETHESDA, Md. (July 16, 2003) — Light trucks accounted for more than half of new vehicle sales in the U.S. for the first five months of the year, the Automotive Aftermarket Industry Association (AAIA) reported.
Light trucks are poised to outsell passenger cars for the third consecutive year, the Bethesda-based association said in its recently released study, “The U.S. Light Truck Aftermarket: The Impact of Growing Pickup, SUV and Minivan Sales.”
In May, light truck sales increased more than 13 percent over May 2002, AAIA said. The increase was partly attributed to the decline in oil prices following the end of major conflict in Iraq.
AAIA said its reports includes other statistics, including the size of the light truck aftermarket, sales data for each light truck type, replacement rates for specific maintenance and service jobs and miles of travel, fuel consumption and operating costs for light trucks.
The report costs $295 for association members and $595 for non-members. For more information, call AAIA at (301) 654-6664.