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 warn that the economic strain could lead to a modest decline in light-vehicle sales during the third quarter as consumer spending on transportation remains under pressure. The inventory buildup reflects both shifting demand and the lingering impact of fuel price volatility on commercial fleets. Dealers are now facing the challenge of moving surplus trucks while navigating an uncertain market for new vehicle purchases.
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.
