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Year-over-year sales of passenger cars, pickup trucks, vans and other light-duty vehicles to commercial fleets fell 2.1 percent to 52,445 units in June.
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Sales of vehicles to commercial fleets increased 3 percent to 60,236 in May and continued an upward trend this year, according to Automotive Fleet data.
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Sales of vehicles to commercial fleets increased 3.4 percent in April to 66,260 units during a month that registered an increase from March and pushed total fleet sales to 5.9 percent for the first four months of the year.
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Sales from nine car and truck manufacturers to commercial fleets slowed in March, increasing 1.3 percent to 59,899 vehicles after a 6.5-percent growth spurt in February, according to Automotive Fleet data.
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Doing CY-2014, passenger car CPM maintenance costs were up 13 percent as the average age of units in operation increased due to fewer companies engaging in vehicle shortcycling and recalls caused a double-digit spike in rental costs.
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Sales of light-duty vehicles to commercial fleets rose 6.5 percent to 47,156 in February with the strongest grown coming from passenger cars. Nine manufacturers reported the results in a monthly Automotive Fleet survey.
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New Zealand is expected to significantly reduce ACC motor vehicle levies starting July 1, according Accident Compensation Corporation (ACC) Minister Nikki Kaye, who has decided how levies for new cars will be calculated.
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Full-size cars finished January with the strongest retention value in a month that saw used vehicles depreciate 1.2 percent, according to Black Book's monthly report.
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Goodyear Tire & Rubber Co. has introduced the Kelly Edge A/S and Kelly Edge AT tires for passenger cars, compact SUVs, mid-size SUVs and all-terrain vehicles.
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Although the overall fleet vehicle market depreciated by 12.1 percent over the previous year, the depreciation rate for cars was 14.8 percent and is expected to increase in 2015.
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