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 squeeze could lead to a modest decline in light-vehicle sales during the third quarter. The combination of soaring fuel expenses and weakened demand is forcing dealers to adjust strategies amid growing inventory concerns. Truck buyers may face tighter availability as dealers work to clear stockpiles built up by shifting market conditions.
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.
