Market Insights – Cox Automotive Inc.

Fleet Sales Drop Significantly Year Over Year in May 06/06/2022 Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 8.7% month over month in May to 141,047 units, according to an early estimate from Cox Automotive. May 2022 Fleet Sales Combined sales into large rental, commercial, and government fleets decreased 16.1% from May 2021. Sales into government fleets were up 5.9% year over year while commercial fleets were down a fraction at… Read Article

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Fleet Sales Improve Year Over Year in April, Outperform Retail Sales 05/05/2022 Sales into large fleets, not including sales into dealer and manufacturer fleets, decreased 12% month over month in April to 154,654 units, according to an early estimate from Cox Automotive. APRIL 2022 FLEET SALES Combined sales into large rental, commercial, and government fleets increased 4% from April 2021. Sales into commercial fleets in April saw another impressive gain of 15% year over year. Meanwhile. sales into… Read Article

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March Fleet Sales Decrease Slightly After Strong February 04/06/2022 Sales into large fleets decreased nearly 4% month over month in March to 176,322 units, after an improvement in February, and remained down more than 11% year over year. Rental fleet sales volume remains low and sales into government fleets saw a modest decline. Meanwhile, sales into commercial fleets in March saw an impressive gain year over year. MARCH 2022 FLEET SALES Combined sales into large… Read Article

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February Fleet Sales Rebound Month Over Month 03/08/2022 Sales into large fleets increased 27% month over month in February to 124,507 units, the highest volume in the past seven months, but remained down year over year. Rental fleet sales volume remains extremely low while commercial and government both saw modest year-over-year gains last month. FEBRUARY 2022 FLEET SALES Combined sales into large rental, commercial, and government buyers were down 30% year over year in… Read Article

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February Fleet Sales Rebound Month Over Month 03/04/2022 Sales into large fleets increased 27% month over month in February to 124,507 units, the highest volume in the past seven months, but remained down year over year. Rental fleet sales volume remains extremely low while commercial and government both saw modest year-over-year gains last month. FEBRUARY 2022 FLEET SALES Combined sales into large rental, commercial, and government buyers were down 30% year over year in… Read Article

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Newly Formed Cox Automotive Mobility Fleet Services: An Industry Leader on Day 1 03/03/2022 ATLANTA – March 3, 2022 – Cox Automotive today announced the introduction of Cox Automotive Mobility Fleet Services, representing an evolution of its high-quality, full-service fleet solutions across scheduled and unscheduled maintenance, previously delivered in conjunction with industry leaders Dickinson Fleet Services and Interstate Truck Center. By operating under one unified brand, Cox Automotive Mobility Fleet Services will deliver a more holistic offering of industry-leading on-site,… Read Article

Mobility Fleet Management Fleet Press Releases

January Fleet Sales Fall 48% Month Over Month 02/08/2022 Manufacturers continue to prioritize retail over fleet, with sales into large fleets falling 48% month over month in January to 97,707 units. JANUARY 2022 FLEET SALES Combined sales into large rental, commercial, and government buyers were down 36% year over year in January. Sales into commercial increased 4% year over year. Sales into rental declined 61% year over year, while sales into government declined 23%. Including… Read Article

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Fleet Sales Improve Slightly in December, End Year Down 4% 01/06/2022 In December, 113,195 fleet units were sold, a 9% month-over-month increase compared to 104,227 in November but a drop of 32% from December 2020. With December in the books, the 2021 year-to-date total of combined large rental, commercial, and government purchases of new vehicles is approximately 1.6 million units, a 4% decrease from full-year 2020 when 1.7 million units were sold. Notably, though, fleet sales year… Read Article

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November Fleet Sales Increase Modestly 12/06/2021 In November, 104,227 fleet units were sold, a 4% month-over-month increase compared to 100,182 in October but a drop of 21% from November 2020. With November in the books, the 2021 year-to-date total of combined large rental, commercial, and government purchases of new vehicles is approximately 1.5 million units, a 1% decrease from this time in 2020 when 1.52 million units were sold. Notably, though, fleet… Read Article

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Year-To-Date Fleet Sales Outpace 2020 11/04/2021 In October, 100,182 total fleet units were sold, a 2% month-over-month increase compared to 98,415 in September and a 24% decrease from October 2020, which recorded 132,560 units. This brings the 2021 year-to-date total combined large rental, commercial, and government purchases of new vehicles to 1.39 million units, a 1% increase from this time in 2020 when 1.38 million units were sold and a 42% decrease… Read Article

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