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The 2015 Ford Transit was the top-selling full-size commercial van in November and accounted for almost one in four units sold in the category, Ford announced.
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Fleet sales continue to show strength heading toward the end of the year. Through the first 10 months of the year, OEMs have sold 502,793 vehicles to commercial fleets.
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GM posted a 30-percent gain in sales to commercial fleets, as well as a 30 percent gain in sales to government vehicle buyers. Sales to rental customers fell 6 percent.
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The majority of companies place new model-year orders according to set vehicle replacement parameters; however, projected improvements in economic conditions across almost all business segments bode well for 2015- and 2016-MY commercial fleet sales.
Read More →New registrations in Western Europe climbed by almost 6 percent, the U.S. auto market grew by more than 9 percent, and passenger car sales in China rose by 8 percent, according to a report by the Verband der Automobilindustrie (VDA).
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Toyota Motor Corp. has sold more than 7 million gasoline-electric hybrids globally so far in 2014, reaching the milestone faster than it has in any other previous year, according to the automaker.
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Nine automakers sold 43,844 commercial fleet vehicles during the month compared to 39,352 sold during the same month a year ago. The 4,492-unit increase represents an 11.4 percent increase.
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Sales of cars, trucks, and SUVs to commercial fleet customers rose 21.1 percent in August compared to a year ago, as vehicle manufacturers continue to increase fleet market share through the first eight months of 2014.
Read More →Honda Motor Co. chided its competitors for using lower-margin fleet sales and reliance on sub-prime lending to boost sales, while discussing its falling market share on a conference call.
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Trucks, vans and SUVs have been driving sales to commercial fleets so far in 2014 as passenger car fleet sales have fallen sharply during the same time frame.
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