Fleet Deliveries Slow
Led by a drop in commercial fleet deliveries, decline was more widespread than Detroit.

General Motors experienced the steepest fleet deliveries drop, while Nissan had the biggest gain.
IMAGE: Pixabay/viarami
Fleet sales fell in November, according to Cox Automotive analysis of Bobit data.
Sales into large commercial, government and rental fleets fell 9% year-over-year to about 147,000, Cox said.
The decline came mostly in sales to commercial fleets, which fell by 22%, whereas government fleet sales actually rose 8% and rental fleet sales increased 1.2%.
The overall decline appeared to be spread among automakers and not concentrated with the big three Detroit manufacturers whose production was impacted by the autumn union strikes, as some Japanese automakers also saw smaller declines, Cox said.
Still, General Motors experienced the steepest fleet deliveries drop, while Nissan had the biggest gain.
When adding fleet sales to dealer and manufacturer supplies, Cox said retail sales rose an estimated 10% for an estimated seasonally adjusted annual rate of 13 million, up 9% year-over-year, though down from 13.4 million in October.
Cox said fleet market share fell year-over-year from 17% to about 15%.
Originally posted on Auto Dealer Today
More Industry

World EV Adoption Set to Grow
A new report says the segment, despite recent setbacks in some regions, is poised for acceleration as many countries look to reduce pollution.
Read More →
Black Book: Weekly Market Update
Wholesale automotive auction business stayed steady last week as bidders encountered lower prices, analysts observed.
Read More →
Pricing Transparency Drives Purchase Consideration
An annual study by JD Power found that clear pricing matters to consumers on automaker websites, so much so that it increases their purchase consideration.
Read More →
Black Book: Weekly Market Update
Used-vehicle market depreciation was the prevailing story in the wholesale market last week.
Read More →
Smaller Is Looking Better
A growing number of Americans in the market for a new vehicle are opting for more affordable options, not waiting for market stability to bite the bullet.
Read More →
U.S. EV Market Slowly Stabilizes
U.S. electric-vehicle interest is slowly stabilizing since a major dip in sales after last year's end of the federal EV tax credit, and hybrids remain the leading electrified power train.
Read More →
Global EV Market Entering New Phase
Automakers are making investments to lower battery costs and optimize production to meet changing consumer needs.
Read More →
Black Book Weekly Market Update
The holiday weekend, not surprisingly, put a drag on wholesale automotive activity last week, analysts observed.
Read More →
Auto Affordability in Context
Cox Automotive points out the complex circumstances that have led to eye-popping vehicle prices.
Read More →
Black Book: Weekly Market Update
Automotive auction inventory increased last week, giving choosy bidders even more leeway.
Read More →