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November Fleet Sales Up Nearly 55% YOY Amid Rebound
['About The Author']
Auto Rental News
The automotive market is finally seeing some upward momentum in fleet sales, which is positive for the overall market.
Sales into rental fleets were up over 126%, while sales into commercial fleets were up nearly 29% year over year and government fleets were up over 15%.
For context, fleet sales volume was 238,288 units in November 2019, representing a 17% share of total retail sales.
Big Change in Manufacturers’ Sales by Fleet Channel Compared to 2019Interesting changes are seen when comparing the manufacturer’s fleet sales by channel through November 2022 to the same time in 2019.
Ford remains on top in government fleet sales with a 62.1% share, while Stellantis’ share dropped from over 22% to only 10%.
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