Tuesday, July 15, 2025
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT
Happy With Car
No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS
Happy With Car
No Result
View All Result
Total Fleet Sales Falling Further Behind 2023 Levels – Vehicle Research

Total Fleet Sales Falling Further Behind 2023 Levels – Vehicle Research

by admin
October 2, 2024
in Auto News
0 0
0
Share on FacebookShare on Twitter



The combined sales for the three fleet sectors in September totaled 144,456 vehicles, down 6.4% from the September 2023 total of 154,000 fleet vehicle sales. - Graphic: Bobit

The mixed gross sales for the three fleet sectors in September totaled 144,456 automobiles, down 6.4% from the September 2023 complete of 154,000 fleet automobile gross sales.


Total, year-to-date fleet gross sales widened their decline final month in comparison with 2023 ranges as industrial fleet gross sales fell at a better charge, based on month-to-month Bobit fleet gross sales information launched Oct. 1.

Fleet gross sales for the primary three quarters of 2024 had been 1,651,900, down 2.7% from 1,698,052 automobiles offered throughout the identical interval of 2023. 2024 fleet gross sales started flatlining in July.

The YTD decline might be attributed to an 8.4% dip in industrial fleet gross sales thus far this yr to 636,533 automobiles from 695,242 fleet automobiles offered within the first 9 months of 2023.

Rental fleet gross sales are nonetheless up YTD at 804,089, for a rise of 1.3% in comparison with 793,561 rental automobiles offered the primary three quarters of 2023.

Based mostly on the automakers’ stories, authorities fleet gross sales stand at 211,278 automobiles offered YTD, up 1% from 209,249 gross sales in the identical interval final yr.

The fleet sector breakdown of September 2024 versus September 2023 gross sales:

  • Business Fleets: 62,359 automobiles had been offered into industrial fleets in September 2024, in comparison with 70,645 in September of final yr, for a decline of 11.7%.
  • Rental Automotive Fleets: 63,400 automobiles had been offered into rental fleets in September 2024, in comparison with 62,436 in September final yr, for a 1.5% enhance. Nonetheless, gross sales spiked by 20,932 automobiles in comparison with the 42,468 offered into rental fleets in August.
  • Authorities Fleets: Gross sales fell 12.3% to 18,697 automobiles in September 2024 from 21,319 in September final yr. (Word: Apples-to-apples comparisons with authorities fleet gross sales should not attainable as a result of a number of OEMs don’t report gross sales month to month. In July, Hyundai, Nissan, Subaru, and Toyota didn’t report gross sales to authorities fleets.)

The mixed gross sales for the three fleet sectors in September totaled 144,456 automobiles, down 6.4% from the September 2023 complete of 154,000 fleet automobile gross sales.

“New automobile gross sales into the rental fleets in September rose by nearly 21,000 items, or nearly 50%, versus August, which can present much-needed late-model used items when these extra items come out of rental service,” mentioned Tom Kontos, chief economist and analyst at Adesa. “Alternatively, industrial fleet gross sales confirmed month-over-month and year-over-year declines, limiting the supply of those items when they’re remarketed just a few years from now. All in all, complete fleet gross sales of every kind are down modestly on a year-to-date foundation, indicating that the used automobile provide of those items will stay pretty tight sooner or later.” 

Bobit, proprietor of Automotive Fleet, Car Remarketing, and Auto Rental Information, compiles fleet gross sales numbers that replicate combination figures from the three main Detroit-based auto producers and the Asian Large 6 automakers.

 



Source link

Tags: fallingFleetLevelsResearchsalesTotalVehicle

Related Posts

ZF Aftermarket increases its APAC presence with new ASEAN hub in Singapore, operations hub in Malaysia
Auto News

ZF Aftermarket increases its APAC presence with new ASEAN hub in Singapore, operations hub in Malaysia

July 14, 2025
BangShift.com Paint Protection SECRETS They DON’T Want You To Know – The Truth Behind Ceramic Coatings & Waxes
Auto News

BangShift.com Paint Protection SECRETS They DON’T Want You To Know – The Truth Behind Ceramic Coatings & Waxes

July 15, 2025
When the McLaren F1 designer made a Ford Transit
Auto News

When the McLaren F1 designer made a Ford Transit

July 13, 2025
Nissan successfully priced ¥860 billion in bonds
Auto News

Nissan successfully priced ¥860 billion in bonds

July 13, 2025
‘Disaster for Me:’ Hyundai’s Sports Car Boss Mourns The Loss of Gas Hot Hatches
Auto News

‘Disaster for Me:’ Hyundai’s Sports Car Boss Mourns The Loss of Gas Hot Hatches

July 11, 2025
Minister, Auto News, ET Auto
Auto News

Minister, Auto News, ET Auto

July 10, 2025
Load More
Next Post
The Honda Prologue Surprised Me: Review

The Honda Prologue Surprised Me: Review

Nio partners with Monolith for real-time AI EV battery testing, ET Auto

Nio partners with Monolith for real-time AI EV battery testing, ET Auto

Categories

  • Auto News (3,409)
  • Automative Reviews (1,930)
  • Car Brands (2,056)
  • Insurance (3,428)
  • Market (1,604)
  • New Cars (2,153)
  • Technology (2,026)
  • Videos (2,133)
Happy With Car

Find the latest automotive news. Read car news from the auto industry including auto shows, latest vehicles, future cars and more.

Categories

  • Auto News
  • Automative Reviews
  • Car Brands
  • Insurance
  • Market
  • New Cars
  • Technology
  • Videos

Recent News

  • Pricol joins hands with Italian firm for two-wheeler control technologies, ET Auto
  • Audi A3 review – better than a Golf, 1 Series or A-Class?
  • 2026 Hyundai Palisade Price
  • Home
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact

Copyright © 2020 Happy With Car

No Result
View All Result
  • HOME
  • AUTO NEWS
  • AUTOMATIIVE REVIEWS
  • NEW CARS
  • CAR MARKET
  • CAR BRANDS
  • TECHNOLOGY
  • INSURANCE
  • FINANCE
  • VIDEOS

Copyright © 2020 Happy With Car

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In