Americans Don’t Love Trucks Anymore

High gas prices and the housing bust combine to drive pickup truck sales down to their second lowest level since 2000

By any measure, March was a lousy month for the car business. But for Detroit, it was truly dreadful.

Pickup trucks are taking a real beating. The combination of high fuel prices and the housing market is hammering sales of Detroit’s best-selling vehicle

…Used pickups are losing their value quickly. The average three-year-old truck lost $4,200 over the past year, says Ricky Beggs, vice-president and managing editor of the Atlanta-based Black Book, which tracks used-car prices. Two years ago, a three-year-old pickup only lost $2,650 in value, he says. Even diesel pickups