P&A Providers & Administrators
MenuMENU
SearchSEARCH

Fleet Sales Take Hit From Strikes

Retail sales, meanwhile, were up in October, Cox says.

November 7, 2023
Fleet Sales Take Hit From Strikes

Nissan’s fleet sales fared the best in October, while Ford’s fell the most.

IMAGE: Pixabay/viarami

1 min to read


Fleet sales, which have boosted new-vehicle deliveries all year, fell for the first time in October due to the Detroit-based auto union strikes, while retail sales rose, Cox Automotive says.

Cox’s analysis of Bobit data shows sales into large commercial, government and rental fleets combined fell more than 10% year-over-year to about 162,600. It blamed a big drop in the big three Detroit-focused automakers’ production due to the United Auto Workers strikes.

Ad Loading...

When broken down by segment, sales into commercial fleets dropped 21%, to rental fleets 7%, while those into government fleets actually rose by 31%.

Cox said Nissan’s fleet sales fared the best in October, while Ford’s fell the most.

Meanwhile, retail sales picked up a little, Cox says. “Our shopping data suggests some buyers came into the market early in October as the strike was getting underway, hopeful to buy before inventories dried up and prices climbed further,” said Cox Senior Economist Charlie Chesbrough.

When fleet sales into dealer and manufacturer supplies are included, October retail sales were up an estimated 3.3% for a seasonally adjusted annual rate of 13.4 million. That’s up by 0.9 million year-over-year and by half a million from September.

LEARN MORE: Hertz Slows EV Acquisitions

Originally posted on Auto Dealer Today

More Industry

Subwoofer in trunk of car.
Industryby Lauren LawrenceMay 26, 2026

Ownership Priorities are Shifting

A new survey shows that in the U.S. vehicle quality for generation Z is largely defined by advanced safety features, intuitive technology and premium sound systems.

Read More →
Man's hand holding gas pump in fuel tank of white car
Industryby Hannah MitchellMay 26, 2026

Pump Price Jump Calculated

ISeeCars.com examined fuel costs for different power trains, finding which ones have experienced the biggest hits since the war in Iran commenced.

Read More →
Graphic showing previous week's truck and SUV segment prices
Industryby StaffMay 20, 2026

Black Book: Weekly Market Update

Wholesale values fell last week despite the spring season still being in the traditional full-gear mode, analysts said.

Read More →
Ad Loading...
Photo of dealership sign with Toyota logo
Industryby Lauren LawrenceMay 19, 2026

Arkansas Auto Group Acquires First Indiana Rooftop

Performance Brokerage Services represented both the buyer and seller in the sale of Carver Toyota of Columbus by Carlock Automotive Group.

Read More →
Headshot photo of Antonio Filosa, Stellantis CEO
Industryby Hannah MitchellMay 19, 2026

Stellantis to Dive Into U.S. Lending

The multinational maker of Chrysler, Dodge, Jeep, Ram and multiple other brands received conditional approvals for a Utah-based industrial bank.

Read More →
Photo of the rear of a new BMW iX SUV
Industryby Hannah MitchellMay 12, 2026

New-Vehicle Prices Rise

With April sales down, higher prices on in-demand large vehicles helped inflate the overall ATP, though increases were under long-term averages, Cox Automotive reported.

Read More →
Ad Loading...
Graphic of car segments' results the previous week
Industryby StaffMay 12, 2026

Black Book: Weekly Market Update

Last week in the wholesale automotive market proved to be a mixed bag, analysts reported.

Read More →
Graphic of last week's estimated used retail days to turn
Industryby StaffMay 6, 2026

Black Book: Weekly Market Update

Conversion rates were flat last week at 63%, Black Book analysts calculated, as low-mileage and almost-near units outpaced the overall market.

Read More →
cargo ship with vehicles, at dock
Industryby Lauren LawrenceMay 5, 2026

EU Auto Association Urges Action

Trade relations between the European Union and the U.S. are at risk, causing the European Automobile Manufacturers Association to push lawmakers to make a decision.

Read More →
Ad Loading...
two people working on a paper contract together
IndustryMay 1, 2026

Driving into the Super CFC Era

Understanding the risks and benefits of retail accounting and Super CFCs can help you better present options to your dealer partners.

Read More →