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Appreciate that are big just seemed to mean better for auto sales in July -- -- -- -- is reporting bake sales slid by pick up trucks and suvs.
Joining me now to talk about the latest numbers and also forced.
New natural gas -- pickup truck option.
And I only can -- -- for -- gasoline is the automotive editor with foxnews.com.
Gary would get into the -- -- stuff in a minute but.
He'll first only blush at these numbers they seem pretty good to me in the US -- -- -- of doing final thing.
Yeah across the board of course it is trucks driving it and the numbers this month -- just incredible -- pickups were 42% ram 31%.
And over General Motors 45% for the -- -- trucks.
And 49% for the GMC -- and just incredible growth in that segment right now where I was asking you in the commercial -- you know is this individuals of these big fleet sales mean is it a combination -- -- combination definitely a lot of growth in business business is starting to reinvest now that the economy's getting better for them but you're seeing some more people going back in the pickups as well that moved out of a win.
You'll have to go and had to for financial reasons for Ford it's the F 150 again very strong the escape crossover up 4% explore.
Up 13% means good numbers across borders nutritious afforded them very well give her son again -- -- the ground as with the trucks but we're seeing solid numbers but the cars as well everyone's worried that they're -- rely on trucks -- our.
Can help -- a lot of trucks but you know they're very strong -- -- -- car segments as well through programs when it -- also about the popularity at least is really coming on strong now on is providing some really good business would millimeters yeah a lot easier to get least another over the couple years ago they're definitely moving back into that area but also what an interesting thing we're seeing longer leases -- I mean.
-- as much as seven years to get those payments salmon at the time to not own a car you know it's it's a very long time but you know what the average car being known ten or eleven years now maybe it doesn't seems -- when you talk about it hey hey that's good news to see a lot of leases in luxury cars.
Now you get them on although the midsize sedans the more average cost to be like yeah it's a lot easier to get in there now with the -- changing so much -- the new technology.
Three year old person's kind of holds and maybe you -- Lisa just you have something fresh and a couple of years talk about some of the other company -- General Motors.
The talk a lot about their leasing and how much it did then leasing is of -- space and over a decade they say.
So it kind of brings that up but they continue -- -- in -- From.
Doing very well for them -- sales are good on that brand new it's a fantastic car actually just spent a week with what -- the ultimate test.
-- what candidate for the occasional might not -- while they let you do that tonight yeah.
And you know it's perfect it's -- beyond that old fashioned American car.
To car but -- -- Idea of the big American crews -- You know that's the smallest.
Segment right now there that -- in our segment is kind of the only one that's.
Been shrinking recently you know if you if there's going to be -- -- could revive it I think the Apollo is going to be yet I mean it's definitely on the money as far as.
What you're looking for and that type of vehicle couple more questions is -- -- -- Japanese auto makers -- -- -- -- Honda lease on this.
Obviously the Camry continues to be the number one -- and it seems to me that the other companies are starting to.
Narrow the gap yeah a lot more competition you know the court so we strongly ultimate continues to be stronger as new Altima on the road as well.
Subaru with incredible numbers they've seen.
An exceptional growth this year.
And they have you know the mid -- They legacy and -- outback which are very popular for that as well as their other crossovers casino again across the board everyone doing pretty well we're going to automotive industry.
We -- we mentioned natural gas at the top of the show for -- in about a hybrid F 150.
Old do you think the fact that the F 150s getting into this could be a turning point for this technology they think it is -- very sell this year they're expecting to -- 151000.
Vehicles that can be converted to natural gift drives -- -- -- have to go take it and get a converted by somebody else.
And those -- heavy duty trucks commercial trucks vans from navigating to the F 150 talking about the best selling car yeah America and they think there is the potential here.
For a lot of crossover certainly fleets are going to be picking up more these because it is lower cost than it's a lot more flexible as far as what they needed a vehicle.
It whether or not it goes to the consumer though it's hard to tell you have a big problem with this -- I -- let up that's the problem there were only about 600.
Public natural gas stations.
In the United States what -- -- do is they put the -- -- the garage and that makes a lot of sense you can get something like after the home.
But it's kind of expensive and slow the economy and about one of these is.
If your driving.
10151000 miles a year it's probably not worth it -- reflected -- a financially it has -- it.
But what you get up to the 25030000.
A lot of commercial truck users you have.
At that point you could get the payback on this and it's gonna cost about 101000 more than a regular 450 with the same engine.
But that'll pay for itself in two or three years we shall see whether there ahead of the game -- -- -- to Gary thank you so much for being here appreciate it and information.
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