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If retail consumers avoid buying new vehicles because of high inflation and interest rates, then OEMs may route more of them into fleet and lease channels.
Read More →Combined sales into large rental, commercial, and government fleets were up 14.6% year over year in August.
Read More →Sales into commercial fleets were up 19% year over year, and sales into government fleets were up 31%, but rental were down 7%.
Read More →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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