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.
Sales of vehicles to commercial fleets from eight manufactures increased 8.8% to 743,210 in 2018, even with a weaker December, on the strength of sales of trucks, SUVs, and vans that accounted for nearly nine units out of every 10 sold.
In November, sales of vehicles to commercial fleets increased 18.2% to 60,967, while sales into daily rental increased 6.4% to 122,433. Sales to government agencies increased 4.6% to 20,386.
Fleet Jam Session, convening at the 2017 Auto Rental Summit, will provide analysis of Hurricane Harvey and Hurricane Irma's effects on the auto rental industry, from the used car market and new car sales to rental rates, volume, and new and used values.
With domestic automakers pulling back on rental fleet sales and lower overall light-duty sales projected, the car rental industry will have to adjust.