Year-over-year growth in fleet sales continue to track lower – February was 278,561, up slightly from 271,130 in February 2019 – even as combined rental, commercial and government purchases of new vehicles were up 2.7% in February.
FCA in February was the top performer with fleet sales increasing 46% year over year from a low base and overtaking General Motors, which led fleet sales last month. Nissan saw the largest fleet sales drop again this month at -44%, according to our analysis of the data, compared to February 2019.
Toyota and Ford had lower sales in February, decreasing slightly below 1%. February continues Q1, as expected by our team, with lower fleet sales than the prior year.
Read the article at Cox Automotive.
The post Fleet Sales Up Slightly in February, Continue to Track Lower Year Over Year appeared first on Fleet Management Weekly.
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