News
Commercial Fleet Sales Contribute To June, YTD Gains
The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
Read More →The fleet sector has boosted its vehicle purchases at a reliable pace in the first half of this year compared with 1H 2025.
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Despite the interest in EVs, cost remains a critical barrier for fleet managers, particularly the larger upfront costs known to deter EV adoption.
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The average price paid for a new non-luxury vehicle in December 2021 was $43,072, slightly down from the record high set in November but still $900+ over sticker.
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The new company will be known as NewALD and will give the business extensive global reach with a total of 3.5 million vehicles under fleet management.
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Fleet sales year to date are also down 42% from the same time in 2019 when 2.8 million vehicles were sold.
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With record-high prices, low incentives, and a higher interest rate, the estimated typical monthly payment increased to a new record high at $687, which was up 20.7% year over year.
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A larger mix of SUVs and pickups helped drive up prices in November, but November was also the sixth straight month of sales volume declines.
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Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
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Today’s international market conditions are not so different than they were 20 years ago and there are opportunities to be had (but no one said it was easy).
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It is the highest level of interest in electrified vehicles that the Kelley Blue Book Brand Watch report has ever measured. Electrified vehicles sales soar 60%.
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New-vehicle inventory levels are still 63% lower than a year ago while the average transaction price hit another record.
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