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Sales of vehicles to commercial, daily rental, and government fleets declined 13.1% to 279,063 in March and remain negative for the first quarter in the three segments, according to Automotive Fleet data and the Detroit Three.
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Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first Montana location in Billings.
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In response to customer demand, Enterprise Truck Rental will offer tow-capable pickup trucks for personal use to renters across the U.S. and Puerto Rico. Enterprise has offered tow-capable pickups only to commercial renters.
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The recall and stop-sales order affect about 1,750 2016 model-year Chevrolet Malibu sedans and Chevrolet Colorado and GMC Canyon pickup trucks in the U.S. and Canada.
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Dealers need to replace the steering gear pinion sensor cover assembly in nearly 3,000 pickup trucks manufactured in early 2015.
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GM posted a 30-percent gain in sales to commercial fleets, as well as a 30 percent gain in sales to government vehicle buyers. Sales to rental customers fell 6 percent.
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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Check out our photo galleries and stories for highlights on the vehicles and trends from this year’s L.A. Auto Show.
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