Pickup Trucks Inventories Rising, Manufacturers are Worried

It seems like US carmakers are beginning to worry about the rising inventory of their big pickup trucks. For example, General Motors has an inventory of 122 days (or 4 months) of its Chevy Silverado and GMC Sierra according to a report from Reuters, or 50% higher than the typical industry inventory of 80 days.
But GM isn’t the only automaker in distress. Chrysler, Toyota and Ford also are behind their projected sales, with 93 days inventory for the first two makers and 79 days for the third respectively.

Chevrolet Sells 4.26 million Vehicles Globally in 2010, an Average of One Every 7.4 Seconds

With the global market showing faint signs of recovery, 2010 was a good year for Chevrolet. The American automaker managed to shift 4.26 million vehicles worldwide or an average of one vehicle every 7.4 seconds. The brand’s share of global sales grew by 0.35 points as it accounted for about 5.8 percent of all vehicles sold worldwide. According to GM, Chevy was the only Top 5 manufacturer to increase its total market share last year.