THE CAR AND TRUCK FLEET AND LEASING MANAGEMENT MAGAZINE
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.
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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%.
Commercial fleet sales rebounded in July with a 29.8% increase to 66,909 from a year ago. Sales of trucks, vans, and SUVs paced the gain, while sales of cars again saw a heavy decline, according to Automotive Fleet data.
Commercial fleet sales cooled off in June with a 0.5% decline, while daily rental sales increased 10.5% and sales to governments fell 13.1%.
Commercial fleet sales continued their torrid spring, increasing 12.3% in May after increasing 11.2% in April. Year-to-date sales are now 7.8% ahead of the first five months of 2018, according to Automotive Fleet data.
Sales to corporate fleets increased 11.2%, while sales to government agencies and rental fleets fell 0.3% and 6.5% respectively.