
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.
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The vehicle electrification solutions provider acquired the electrification division of Quantum Fuel Systems and appointed a new CEO.
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Is an app-driven car or truck subscription best suited for the fleet and commercial sales side of the automotive business? Let’s look at the fleet vehicle needs and use cases.
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Sales of vehicles to commercial fleets surged in September even as several automakers reported sharply lower overall sales during the month.
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Commercial fleet sales increased 9.9% in August, while government sales fell 15.3% and daily rental sales increased 44.7%.
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Commercial fleet sales rebounded in July with a 29.8% increase to 66,909 from a year ago. Sales of trucks, vans, and SUVs paced the gain, while sales of cars again saw a heavy decline, according to Automotive Fleet data.
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Commercial fleet sales cooled off in June with a 0.5% decline, while daily rental sales increased 10.5% and sales to governments fell 13.1%.
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Commercial fleet sales continued their torrid spring, increasing 12.3% in May after increasing 11.2% in April. Year-to-date sales are now 7.8% ahead of the first five months of 2018, according to Automotive Fleet data.
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Sales to corporate fleets increased 11.2%, while sales to government agencies and rental fleets fell 0.3% and 6.5% respectively.
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March sales to commercial fleets increased 11.1%, while sales to government agencies increased 7.3%. Sales into daily rental increased 5.3%.
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