The new, COVID-impacted environment has prompted changes in how auto transporters meet the changing needs of fleets.
Topics mentioned in today's video includes assembly plant production ramping up; resale market improvements; the state of the car rental industry; and how Hertz filing for Chapter 11 industry could affect the industry.
Commercial fleet sales from nine manufacturers totaled 56,441 in January 2020, which represented a 3.7% year-over-year increase.
Commercial fleet sales were up 13.6%, government fleet sales were down 1.6%, and daily rental sales were up 8.4%.
Commercial fleet sales were up, government fleet sales were down, and daily rental sales were up.
The forecast is the most in nearly 20 years, and represents an increase of 3.9% over last year, or 4.3 million more people packing up their sleighs for a holiday getaway.
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.
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.
Sales of vehicles to commercial fleets surged in September even as several automakers reported sharply lower overall sales during the month.
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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