Detroit Pickup Sales Drop in Bad Omen for Industry's Cash Cows
- Chevy, GMC and Ram full-size trucks each fall by at least 15%
- F-Series bucks trend, but Ford’s total sales miss estimates
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General Motors Co. and Fiat Chrysler Automobiles NV reported hefty sales declines for their big trucks, a troubling sign for a lucrative segment that had been holding up well as the broader U.S. auto market shrinks.
Deliveries of Fiat Chrysler’s Ram pickup and GM’s Chevrolet Silverado and GMC Sierra trucks each fell by at least 15 percent in February. While the industry-leading F-Series line bucked the trend with a small increase, Ford Motor Co.’s total sales still missed estimates.