Figures show a continued slowdown in total commercial, rental, and government vehicle sales as year-to-date sales dip below last year.
Automotive Fleet predicts that overall fleet sales of light-duty vehicles will equal or fall slightly shy of 2023 sales, though will still lag some 22% behind total sales in 2019.
Sales of rental car fleets plummeted last month, sending the year-to-date total to a break-even point.
Increases in rental and government fleet sales offset another decline in commercial fleet sales.
Commercial fleet sales were down more than 14% last month, tying its January decline and continuing a string of monthly losses.
Year-to-date sales in commercial, rental, and government fleet sectors are scraping 600,000 vehicles sold.
Rental fleet sales gain by a fifth compared to last year while commercial fleet sales dip by double digits.
The end-of-year tallies show a healthy 28% annual increase across commercial, rental, and government fleet sectors.
Bobit releases the latest aggregate numbers for specific fleet sectors as total sales look to close out 2023 well ahead of last year.
The latest collective figures from the Detroit Big 3 and the Asian Big 6 show a dip in October but sales are still up by a third for the first 10 months of 2023.
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