Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.
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.
Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.
Commercial fleet sales from nine manufacturers totaled 23,866 in May 2020, representing a 68.9% year-over-year decrease, continuing a streak of significant monthly declines since the COVID-19 pandemic.
Commercial fleet sales from nine manufacturers totaled 24,923 in April 2020, representing a 66.5% year-over-year decrease, driven heavily by the impact of the COVID-19 pandemic.
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.
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.
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.