Commercial Fleet Sales Climb 3.7% in October

Photo of 2017-MY half-ton pickups courtey of manufacturers.
Photo of 2017-MY half-ton pickups courtey of manufacturers.

Sales of vehicles to commercial fleets from eight manufactures increased 3.7% to 49,801 in October with strong truck sales outweighing a nearly 30% decline in cars, according to Automotive Fleet data.

During the month, sales of pickups, vans, and SUVs increased 8.9% to 45,256 compared to October of 2016. Sales of passenger cars fell 29.9% to 4,545.

For the year to date, sales to commercial fleets have increased 1.8% to 568,882. Truck-based sales have increased 5.3% to 498,414, while car sales have fallen 17.9% to 70,468.

Sales to government fleets from five manufacturers increased 8.8% to 21,151 for the month with truck sales increasing 3.6% to 16,773 and car sales increasing 34.5% to 4,378. For the year, government sales fell 7.1% to 239,471 with car sales down 3.6% to 42,286 units and truck-based sales down 7.9% to 195,584.

Daily rental sales from nine manufacturers fell 1.6% to 127,778 units with a 4.7% increase in car sales to 59,744 units and a 7% decline in truck-based sales to 65,197 units. Year-to-date sales have fallen 13.6% to 1.35 million vehicles with a 17.8% decline in car sales to 644,911 and a 9.3% decline in truck-based sales to 706,974 units.

For all three segments, fleet sales in October were flat with an increase of 0.7% to 198,730 units with a 2.9% increase to 71,504 in car sales and a 0.5% decline to 127,226 units in truck-based sales. Year to date, the three fleet segments have fallen 9.3% to 2.14 million with a 17.1% decline in car sales to 757,665 and a 4.4% decline in truck sales to 1.38 million.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

6 Takeaways from the 2018 International Car Rental Show

Technological solutions are finally moving from reality to theory, peer-to-peer platforms are being redefined, China has the biggest room for growth, while Sixt’s U.S. aspirations have only just begun.

The Irony of Customer Service in the Digital Age

Sure, any company would jump at the chance to use technology to reduce labor costs. But it also comes with some big, red, flashing warning lights.

Market Forces Driving Car Rental in 2018

An analysis of the conference calls of Avis Budget Group and Hertz Global Holdings reveal trends and initiatives involving fleet right sizing, pricing, ancillary revenue opportunities, and renting to ride-hailing drivers.

Job Finder: Access Top Talent. Fill Key Positions.

>