Thursday, June 1, 2017

Commercial Fleet Sales Increase 3.3% in May

<p><em>(clockwise from upper l.) 2017 F-150, Silverado 1500, Titan, and Ram 1500. Photos courtesy of Ford, GM, FCA, and Nissan.</em></p>

Sales of vehicles to commercial fleets from eight automakers increased 3.3% to 67,744 units, a reversal from several months of declining sales this year, according to Automotive Fleet data.

Pickup trucks, vans, and SUV sales led the way with a 7.3% gain to 57,520 from a year ago. Sales of passenger cars fell 14.4% to 10,224. For the first five months, commercial fleet sales have fallen 5.3% to 297,929. Truck-based sales have fallen 3% to 255,720, while car sales have fallen 17.1% to 42,209.

Commercial fleet sales significantly outpaced sales to government purchasers and daily rental. Overall fleet sales to the three segments fell 14.7% to 236,813. Truck-based overall fleet sales fell 2.9% to 156,116, while car sales fell 31% to 80,697. Year-to-date sales fell 11% to 1.18 million. Truck sales have declined 4% to 758,185, while car sales have fallen 20.9% to 441,525.

 

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