Serves the Commercial Small Fleet Market of 10 – 50 Vehicles

Small Business Volume Fleet Sales Shrivel in Sept.

October 23, 2008

CNWResearch reports in its Retail Automotive Summary for October: “With overallauto sales down 26.5 percent in September, total fleet and commercial salesheld their own (to be generous) showinga decline of about 12 percent keeping a stinker of a month from turning into ablack hole.”

“Theslight improvement seen in August among small business vehicle purchases turneddownward [in September] with a 61-percent fall off vs. a year ago.”

“Stategovernment deliveries of fleet vehicles continue to shrink under a witheringcontraction of tax revenue and tighter budgets. This segment of the fleetbusiness was off nearly 31 percent in September vs. a year ago. While largebusiness fleets are taking fewer cars each month, their share of totalfleet/commercial has risen.”

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