The number of sales when it comes to commercial fleet vehicles has increased 8.8%. This increase was determined after eight mainstream manufacturers were evaluated. This 8.8% increase lead to a total of 743,210 commercial fleets being sold altogether. In December, however, the total amount of rental fleets that were recorded dropped by 11.6%. Only 140,010 commercial fleets were rented last month, which may be partially due to more and more corporations owning their own fleets within the 8.8% sale increase.
Key Takeaways:
- December was a weak month for car manufacturers but sales of vehicles to fleets for commercial purposes increased by 8.8 percent to 743,210 in 2018.
- Data from Automotive Fleet also showed sales for trucks and passenger cars. Truck sales increased by 10 percent to 656,395 and passenger cars sales increased by 0.7% to 86,815.
- Also, in 2018, daily rental sales from nine manufacturers saw an increase of 7 percent to 1.7 million.
“Sales to government fleets from five manufacturers increased 2.4% to 268,242 in 2018. Truck-based sales increased 5% to 223,667, while sales of cars fell 8.6% to 44,575. For December, sales increased 7.1% to 21,342. Truck-based sales increased 7.9% to 17,663, while car sales increased 3.1% to 3,679.”
Read more: https://www.businessfleet.com/322120/commercial-fleet-sales-increased-8-8-in-2018