In January, the Big Six — General Motors, Ford, Chrysler, Toyota, Honda and Nissan — held 73 percent of all commercial/ fleet sales. In July, that shrank to 64.7 percent and is expected to decline again in August.
Chrysler Group expects to select dealers in about 125 markets identified for growth potential in the small-car segment. Fiat dealers will be located in approximately 41 states.
While 2009 was one of the roughest roads the auto industry has traveled, the road ahead looks more promising for the Detroit 3 with on average gain of approximately 3 percentage points in the 36-month residual outlook.
Chrysler Group's chief executive says fleet customers such as rental car companies are “the anchor on which I can rebuild,” and adds the turnaround might take another two years.
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