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 upcoming quarter. The combination of soaring fuel expenses and weakened demand is forcing truck dealers to adjust inventory levels amid uncertainty. Industry observers are closely watching whether consumer behavior will shift further as prices remain elevated.
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.
