In this week's AF news recap, host Faith Howell covers the week's hot topics.
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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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The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
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Sales into commercial fleets were up 37% and sales into government fleets were up 28% last month compared to August 2021.
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Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 178,252, which represented a 36% drop from the same time last year.
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Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 153,372, which represented a 25.5% drop from the same time last year.
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Total fleet sales for the entirety of 2020 — which is comprised of commercial, rental, and government sales — came in at 1,684,879 units.
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Commercial fleet sales from nine manufacturers totaled 47,942 in November 2020, representing a 11.8% overall decrease when compared to the same time last year, though this was an improvement over what was reported the previous month in October.
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Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.
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Commercial fleet sales from nine manufacturers totaled 58,348 in September 2020, representing a 6.4% overall decrease when compared to the same time last year, but an improvement over the 16.8% drop from the previous month.
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