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Commercial vehicle sales in China have shown a slight decline in 2019, year to date, despite November boasting growth.
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Sales of vehicles from nine manufacturers to commercial fleets fell 9.9% to 54,384 in November after enjoying several robust months of sales but remain the strongest fleet segment with an 8.7% increase year to date. Sales to rental and government fleets fell in November as well.
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Domestic sales of new light commercial vehicles were at 10,679 units during November 2019 and recorded a decline of 3,038 units from the 13,717 light commercial vehicles sold in November 2018.
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A more stable economy in Mexico is driving change in vehicle purchasing strategies. Fleets are becoming more focused on controlling costs which is also increasing interest in telematics services.
Read More →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.
Read More →Sales of vehicles to commercial fleets surged in September even as several automakers reported sharply lower overall sales during the month.
Read More →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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The sale of commercial vehicles in Turkey are down significantly year over year so far in 2019, due in part by an expiration of tax incentives.
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Through the 12-month period ending in June 2019, overall manufacturer incentive spend has declined, and the strength of fleet sales this year has been a big reason why.
Read More →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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