All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.
If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
Sales into commercial fleets were up 19% year over year, and sales into government fleets were up 31%, but rental were down 7%.
Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
Backing up your drivers becomes easy when you’ve got a recording to prove they were acting in the right.
From servicing city vehicles in full plastic suits to staggered shifts and footprint decals to keep social distance, the Support Services Department of the City of West Palm Beach is adapting to work life amidst the coronavirus.
Commercial fleet sales from nine manufacturers totaled 65,135 in March 2020, representing an 17.7% year-over-year decrease.
Commercial fleet sales from nine manufacturers totaled 65,848 in February 2020, representing an 8.7% year-over-year increase.
Sales of vehicles to commercial fleets from nine manufacturers remained robust in October, while sales to government agencies and daily rental companies were sharply lower.
Sales of vehicles to commercial fleets from eight manufactures increased 8.8% to 743,210 in 2018, even with a weaker December, on the strength of sales of trucks, SUVs, and vans that accounted for nearly nine units out of every 10 sold.
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