Rental Fleets - Tagged Posts - Automotive Fleet

September 2023 Fleet Sales on the Rise

Car, truck, and SUV sales from nine automakers into large rental, commercial, and government fleets increased 26% in September compared to the previous year.

How Will UAW Strike Affect New, Used, and Rental Vehicles?

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.

Recovering Fleet Sales Outpace Retail Sector

U.S. fleet sales for August were strong and reached levels for the month not seen since 2019.

July Fleet Sales Rebound to Near Pre-Pandemic Level

All large manufacturers showed gains in fleet over last year, with combined sales into large rental, commercial, and government fleets improving.

Fleet Sales Keep Up Hot Streak in May

Estimates shows strong sales gains from rental, government, and commercial sectors as the supply chain squeeze of 2021-22 continues to ease.

April Fleet Sales Stay Hot on Strength of Rental Market

Major automakers appear to be preemptively pulling the fleet lever to stymie any significant increase in retail inventory.

March Fleet Sales Rise, Rental Up 46% YOY

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.