Commercial Fleet Sales Fall 16.8% in August
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.
Customers will have access to a broader variety of trucks, including multiple truck classes, specialty equipped trucks and moving trucks, as well as cargo and cube vans.
Hertz Global Holdings has considered selling it’s Donlen leasing business if it can get at least $1 billion and has several buyers interested in the fleet management company, chiefly private equity funds, according to a report from Bloomberg.
Zoox started in 2014 with the vision of purpose-built, zero-emissions vehicles designed for autonomous ride-hailing, along with an end-to-end autonomy software stack.
Commercial fleet sales from nine manufacturers totaled 65,135 in March 2020, representing an 17.7% year-over-year decrease.
Commercial fleet sales from nine manufacturers totaled 65,848 in February 2020, representing an 8.7% year-over-year increase.
Commercial fleet sales from nine manufacturers totaled 56,441 in January 2020, which represented a 3.7% year-over-year increase.
Analysts found that, as in 2018, consumers continued to abandon car segments in 2019. Light trucks are on track to account for more than 70% of overall new-car sales for 2019, while cars will account for less than 30% of new-car sales.
The merged entity with Discount — which has over 300 locations across Canada — will offer customers a larger and more accessible fleet across the country.
Sales of vehicles from nine manufacturers to commercial fleets fell 9.9% to 54,384 in November after enjoying several robust months of sales but remain the strongest fleet segment with an 8.7% increase year to date. Sales to rental and government fleets fell in November as well.
Equipped with an extended-range battery and rear-wheel drive, the Mustang Mach-E has a targeted range of at least 300 miles. Is tying an all-electric to the iconic Mustang badge a risky move?
Customers will have the opportunity to join Fair at the end of their current vehicle subscription.
Through the 12-month period ending in June 2019, overall manufacturer incentive spend has declined, and the strength of fleet sales this year has been a big reason why.
Hertz CEO Kathy Marinello said investing in Dollar and Thrifty, its own value-oriented brands, allow Hertz to better compete in the premium segment.
Under the leadership of Mike Jaberi and Allen Rezapour, Fox Rent A Car will be the platform for Europcar Mobility Group’s future developments in the U.S., the world’s biggest car rental and mobility market.
Nissan held a ride and drive in San Diego in June to showcase its 2013 Nissan NV200 small cargo van.
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