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.
Commercial sales increased 10.3% in October, while sales to government agencies increased 1%. Sales into daily rental increased 0.2%.
Sales of vehicles to commercial fleets increased 22% in August, while sales into daily rental fell 21.2%. Sales to government agencies increased 18.3%.
Sales of vehicles to commercial fleets increased 6.3%, while sales into daily rental increased 44.9%. Sales to government fleets increased 13%.
Sales of vehicles to commercial fleets increased 2.1% in May, while sales to government fleets were flat, and sales into daily rental increased 29.8%.
The used-vehicle industry reached a record-breaking 39.2 million in sales in 2017, representing a 1.6% year-over-year increase, according to the latest Used Car Report from Edmunds.
Certify's annual review of business expense trends shows that car rental represented 25% of overall transaction volume in ground transportation in 2017. National Car Rental was the most expensed and top-rated brand in 2017, according to Certify data.
Wholesale used vehicle prices rose for the sixth month in a row in October, increasing by 1.02%, according to Manheim’s October Used Vehicle Value Index. This brought the index to 136.3, an 8.1% rise from a year ago.
Sales of vehicles to commercial fleets from eight manufactures increased 3.7% to 49,801 in October with strong truck sales outweighing a nearly 30% decline in cars, according to Automotive Fleet data.
Sales of vehicles to commercial fleets from eight manufactures increased 25.7% to 51,112 in September with strong sales in the truck category, according to Automotive Fleet data.