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Stellantis is restructuring its U.S. fleet operations under Michael Ferreira, senior vice president of U.S. fleet sales.
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Rental fleets again took the monthly spotlight among the three fleet sectors.
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Automakers’ latest earnings show higher revenues and sales, but thinner margins due to incentive inflation, higher cost of capital, increased component costs, and EV-related investment charges. What does it mean for fleets?
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Rental fleets once again keep the momentum as government fleet sales last month showed an upturn for the first time in 2025.
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Commercial vehicle sales stood out in August due in part to more rental fleet vehicles coming through auto auctions.
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Car rental companies extended a sales spike from July, while commercial fleets continue modest growth.
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Once again, higher rental fleet sales come to the rescue making year-to-date sales level a dead break even.
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Rental fleet sales stand out with continued increases year-over-year and year-to-date but no longer prop up the fleet segment.
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A mixed sales bag included gains at dealer auctions from trade-ins, a spike in used EV sales, and a spurt in 1–2-year-old vehicles from rental fleets.
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Rental fleets continue upward while commercial and government fleets decline again.
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