Rising diesel fuel prices have pushed average costs to near record highs, creating a surge in unsold heavy-duty trucks that is straining dealerships across the industry. Analysts warn that the economic strain could lead to a modest decline in light-vehicle sales during the upcoming quarter, as consumers and businesses alike face higher operating costs. The inventory buildup highlights growing concerns over fuel expenses outpacing fleet demand, leaving dealers with excess stock and tighter margins. With no immediate relief in sight for diesel prices, the trucking sector may continue to feel the pinch in the months ahead.
With diesel gasoline nearing $6.51 a gallon on average, swelling heavy-duty truck inventory is rattling dealers. Third-quarter light-vehicle sales are expected to fall slightly, forecasters say.
