Gas prices soared in May and U.S. light-truck sales plummeted, taking the truck-dependent Detroit Three with them. Light trucks made up just 42.6% of light-vehicle deliveries in the month – the segment’s lowest share since September 1996, despite cross/utility vehicle sales that continue to outperform the market. Related document: Ward’s U.S. Light Vehicle Sales by Brand and Group Consumers’ rapid movement toward fuel-efficient vehicles hit the traditional ...

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