Rising diesel fuel prices have pushed costs to near record highs, creating a surge in unsold heavy-duty trucks that is straining dealerships across the industry. Analysts predict light-vehicle sales will dip in the coming quarter as economic pressures weigh on consumer demand. The combination of soaring fuel expenses and a growing inventory backlog is raising concerns about market stability. Dealers are now facing the challenge of moving stock amid shifting buyer priorities and tighter budgets.
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.
