Analysis: The actions of the UAW will reverberate through the larger auto business, but nowhere near what was experienced in April 2020. Sales into fleet could suffer in 4Q if a strike is wide and persists. Rental car companies may return to the used car market like they did in 2021 and 2022, driving prices higher.
U.S. fleet sales for August were strong and reached levels for the month not seen since 2019.
All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.
With production levels returning to normal and retail demand only modestly improved, sales to fleet channels have increased dramatically.
The end-to-end offering can help fleets organize, implement, and manage the growing charging infrastructure.
Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.
Major automakers appear to be preemptively pulling the fleet lever to stymie any significant increase in retail inventory.
If the exact replacement truck isn’t immediately available, consider alternative vehicle types that could satisfy your temporary needs.
How can we know what EV models and products are for real, when these products will make it to market, and what business models will win? Follow the money.
The movement of new vehicles into fleet increases at a consecutive monthly pace with supply freeing up after several years of constraints, according to Bobit fleet data.
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