Commercial fleet sales through January 2021 were down 10.8% compared to same time last year, according to sales data from nine manufacturers, though the month had to compete with a strong January 2020 market that was pre-pandemic.
The decline in commercial fleet sales saw its most significant drop in for the car segment, down 38.6%, year-over-year, though sedans represent the smallest segment volume for commercial fleets. Meanwhile, the truck and SUV segment saw a 8.3% decline. Total commercial fleet sales in January were at 50,363 units.
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 153,372, which represented a 25.5% drop from the same time last year.
The rental and government fleet segments also both saw overall declines for the month of January 2021.
For rental fleets, there was a 32.6% overall decline in fleet sales during the month, according to sales data. Through January, rental fleet car sales fell by a drastic 15.6%, totaling 35,189 units. Truck and SUV segment sales decreased 40.7% at 52,625 units.
Meanwhile, government fleets also saw declines for each segment. There was a 58.1% decline in cars sold to government fleets in January, and an 18% decline in the truck and SUV segment. Combined, truck, SUV, and car vehicle sales for government fleets amounted to 14,565 units, which reflected a 20.6% decline.