Industrial fleet gross sales via January 2021 have been down 10.8% in comparison with similar time final yr, in keeping with gross sales information from 9 producers, although the month needed to compete with a powerful January 2020 market that was pre-pandemic.
The decline in business fleet gross sales noticed its most vital drop in for the automotive section, down 38.6%, year-over-year, although sedans symbolize the smallest section quantity for business fleets. In the meantime, the truck and SUV section noticed a 8.3% decline. Whole business fleet gross sales in January have been at 50,363 models.
Whole fleet gross sales for the month — which is comprised of economic, rental, and authorities gross sales — got here in at 153,372, which represented a 25.5% drop from the identical time final yr.
The rental and authorities fleet segments additionally each noticed general declines for the month of January 2021.
For rental fleets, there was a 32.6% general decline in fleet gross sales throughout the month, in keeping with gross sales information. By way of January, rental fleet automotive gross sales fell by a drastic 15.6%, totaling 35,189 models. Truck and SUV section gross sales decreased 40.7% at 52,625 models.
In the meantime, authorities fleets additionally noticed declines for every section. There was a 58.1% decline in vehicles offered to authorities fleets in January, and an 18% decline within the truck and SUV section. Mixed, truck, SUV, and automotive automobile gross sales for presidency fleets amounted to 14,565 models, which mirrored a 20.6% decline.