Fleet Archives

October Fleet Sales Trend Upward, Continue Year-Over-Year Improvement 11/05/2020 Month-over-month improvement continued in October with 132,560 total fleet volume sales up from 124,930 in September. Combined rental, commercial and government purchases of new vehicles were down 27%, or 49,649 units, year over year in October. Government units were up 8% year over year, on a small base, while rental units were down 43% year over year in October, an improvement over the 62% year over… Read Article

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September Fleet Sales Improve Month Over Month, Remain Down 34% from Year-Ago Level 10/06/2020 The month-over-month improvement resumed in September with 124,930 total fleet volume sales up from 101,159 in August. Combined rental, commercial and government purchases of new vehicles were down 34%, or 64,916 units, year over year in September. Government units were up 40% year over year, on a small base, while rental units were down 62% year over year in September, an improvement over the 83% year… Read Article

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Fleet Sales Recovery Reverses in August, Down 51% Year Over Year 09/03/2020 The month-over-month improvement in fleet sales reversed in August with only 101,159 of total fleet volume, down from 104,769 in July and 206,652 in August 2019. Combined rental, commercial and government purchases of new vehicles were down 51% year over year in August. Government units were up 13.5% year over year, on a small base, while rental units were down 83% year over year in August,… Read Article

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July Fleet Sales Improve, Remain Down 40% From 2019 08/05/2020 Fleet sales showed month-over-month improvements, but combined rental, commercial and government purchases of new vehicles remained down 40% year over year in July. Total fleet volume in July was 104,769, down from 174,683 in July 2019. Government units were up 42% year over year, on a small base, while rental units were down 84.5% year over year in July, which is an improvement over the 94.5%… Read Article

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Remarkable Decline in Fleet Sales Continues in June 07/10/2020 Year-over-year fleet sales continued its remarkable decline as the combined rental, commercial, and government purchases of new vehicles were down 69% in June. Total fleet volume was 85,104, down significantly from 277,615 in June 2019. Rental units continue to lead the drop with a 94.5% decrease year over year in June. The dismal June rental result follows drops in March (-34%), April (-77%) and May (-91%).… Read Article

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Fleet Sales Continue to Get Pummeled, Rental Units Drop 91.3% in May 06/04/2020 Year-over-year fleet sales continued its remarkable decline compared to the prior year as the combined rental, commercial and government purchases of new vehicles were down 83.2% in May. Total fleet volume in May was 52,203, down significantly from 311,202 in May 2019. Rental units led the drop with a 91.3% decrease year over year in May. The dismal May result follows drops in both March (down… Read Article

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COVID-19 Hits April Fleet Sales Hard, Rental Units Drop 76.6% 05/06/2020 Year-over-year growth in fleet sales began a strong decline compared to the prior year as combined rental, commercial and government purchases of new vehicles were down 70.1% in April. Total fleet volume in April was 72,084, down significantly from 240,914 in April 2019. Rental units led the drop with a 76.6% decrease year over year in April. Retail sales of new vehicles were down 41% year… Read Article

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COVID-19 Puts Brakes on March Fleet Sales, Rental Units Down 34% 04/09/2020 Year-over-year growth in fleet sales began a strong decline compared to the prior year as combined rental, commercial and government purchases of new vehicles were down 27.6% in March. Total fleet volume in March was 229,725, down significantly from 317,427 in March 2019. Rental units led the drop with a 34% decrease while commercial vehicle sales were down 17.7% year over year in March. Retail sales… Read Article

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Fleet Sales up Slightly in February, Continue to Track Lower Year Over Year 03/05/2020 Year-over-year growth in fleet sales continue to track lower than last year even as combined rental, commercial and government purchases of new vehicles were up 2.7% in February. Total fleet volume in February was 278,561, up slightly from 271,130 in February 2019. Commercial vehicle sales were up 8.7% year over year in February. Retail sales of new vehicles were up 9.9% in February, leading to a retail… Read Article

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January Fleet Sales Reflect Expected Slowdown 02/06/2020 Fleet drove the strength in the new-vehicle market for 2019 whereas 2020 is expected to be more moderate. Combined rental, commercial and government purchases of new vehicles were down 5.3% year over year in January. Total fleet volume in January was 205,926, down from 217,500 in January 2019. Commercial vehicle sales were up 3.7% year over year in January. Retail sales of new vehicles were up… Read Article

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