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After fleet sales ran far below historical averages for the last three years, increases in 2023 won't be close to levels before 2020.
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GM has overtaken Ford as the leader in the commercial channel, Ford remains on top in government fleet sales, while Stellantis’ share dropped.
Read More →Some manufacturers may be shifting more of their sales to fleet as they see retail sales soften due to consumer economic concerns.
Read More →The supply issues plaguing automotive are ameliorating month over month, but to varying degrees depending on fleet type.
Read More →Only three of eight major market segments saw seasonally adjusted prices that were higher year over year in September. The full-year Manheim Used Vehicle Value Index forecast is expected to finish the year down nearly 14% YOY, up from the second quarter’s revised forecast of a 6% decline.
Read More →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 37% and sales into government fleets were up 28% last month compared to August 2021.
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 →Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
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