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Sales for commercial fleet vehicles in Argentina increased by 20.2% to 10,284 units in October 2020, though the overall market is still down 19.9%, year-to-date.
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Commercial vehicle sales in Belgium increased by 2.1% to 6,875 units in October 2020, however, the overall market is still down 13.5%, year-to-date.
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True fleet registrations for Switzerland in October are down 18.2%, however this has not stopped fleet’s continued interest in investing in electric vehicles.
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Today's video looks at an overview of commercial fleet sales for the month of October; fleet depreciation trends in the wholesale market; and unintended consequences of extending vehicle service lives and the supplemental cost increases.
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Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.
Read More →Commercial fleet sales from nine manufacturers totaled 58,348 in September 2020, representing a 6.4% overall decrease when compared to the same time last year, but an improvement over the 16.8% drop from the previous month.
Read More →Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.
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The commercial fleet market in Poland saw a 1.8% increase in fleet registrations for the month of July, though it has a long way to go as year-to-date declines are at 25.3%.
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Domestic sales of new light commercial vehicles and medium- and heavy-trucks in South Africa are down year-to-date as of August 2020, continuing a streak of declines caused by COVID-19, according to the National Association of Automobile Manufacturers of South Africa (NAAMSA).
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Sales in the Norwegian commercial vehicle market declined 34.5% to 1,740 units for the month of July when compared to the same time last year.
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