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.
Enterprise Truck Rental, a service of Enterprise Rent-A-Car, has opened its first Montana location in Billings.
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.
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.
Dealers need to replace the steering gear pinion sensor cover assembly in nearly 3,000 pickup trucks manufactured in early 2015.
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.
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.
Check out our photo galleries and stories for highlights on the vehicles and trends from this year’s L.A. Auto Show.
For small fleets ramping up in the recovery, replacing work vehicles out of stock will be difficult with already tight dealer inventories—except if you’re looking for pickups.
More from the Work Truck Show: Isuzu reaches agreement with GM for its gas engines; GM introduces Sierra Denali HD and some thoughts on the term "best in class."
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