Topics mentioned in this video include; updates on the monthly U.S. jobs report; state of 2020 fleet sales; and trends in the wholesale used vehicle market.
Domestic sales of new light commercial vehicles and medium- and heavy-trucks in South Africa continued to decline significantly amid the COVID-19 pandemic.
Commercial fleet sales from nine manufacturers totaled 62,706 in July 2020, representing a 6.3% overall decrease when compared to the same time last year, though the market is improving.
Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.
Topics mentioned in today's video includes: The recovery of the national economy; overview of the Purchasing Managers Index (PMI); fleet and retail sales trends; the results of Automotive Fleet's latest COVID-19 pulse survey; trends in the wholesale used vehicle market; and more.
The fleet market in Belgium has seen 33,000 fewer fleet sales so far this year, when compared to last year, with the total automotive market accounting for a 93,900 drop.
The commercial fleet market in Croatia saw registrations decline by 40.5% in May, reported 437 units, overall, Dataforce found. The passenger market saw a larger dip of 79%.
Topics mentioned in today's video includes the reopening of all OEM assembly plants; fleet sales in May 2020; a decline in fleet operating costs; the declining supply of used vehicles in the wholesale market; and industry conferences moving to a virtual format
Commercial fleet sales from nine manufacturers totaled 23,866 in May 2020, representing a 68.9% year-over-year decrease, continuing a streak of significant monthly declines since the COVID-19 pandemic.
Domestic sales of new light commercial vehicles and medium- and heavy-trucks in South Africa continued to decline significantly amid the COVID-19 pandemic, with overall vehicle sales in the country dropping by 98.4% in April.