Despite a decrease of 72.6% in car sales during this period, the truck/SUV category surged ahead.  -  Photo: Government Fleet

Despite a decrease of 72.6% in car sales during this period, the truck/SUV category surged ahead.

Photo: Government Fleet

The landscape of government vehicle sales has been a hot topic that has garnered significant attention. And rightfully so. But to gain a deeper understanding of the potential trajectory ahead, it’s worthwhile to look into the trends of previous years. As per Bobit/Government Fleet sales data* released on Jan. 3, 2024, the total government vehicle sales for the year reached 272,403 units, marking a 35.5% increase from the 201,049 units recorded in 2022.

Breaking down the sales figures by vehicle type, in 2023, car sales reached 20,584 units, reflecting a 95.9% increase from the 10,507 units sold in 2022. On the other hand, trucks/SUVs recorded a total of 251,819 units in 2023, showcasing a 32.2% increase from the 190,542 units sold in the previous year.

Breaking Down Government Vehicle Sales Trends

Looking at the monthly trends, January 2024 showcased a total of 19,821 units sold, marking an 8,605 unit increase (76%) from January 2022. Car sales witnessed a substantial 256% increase, while truck/SUV sales grew by 74%. 

In the span of just two years, the landscape of government vehicle sales has seen a shift. Examining the January figures for 2022, 2023, and 2024 reveals a noticeable growth trajectory. In 2022, total sales stood at 11,216, but fast forward to January 2024, and the numbers rose to an impressive 19,821, representing an overall increase of 76%. Cars, a crucial component of the public sector, experienced a boost. 

From a modest 145 in January 2022, car sales increased to 1,925 in January 2023, only to decrease to 527 in January 2024, resulting in a 72.6% decrease over the last year. On the other hand, truck/SUV sales showcased consistent growth, rising from 11,067 in January 2022 to 19,294 in January 2024, marking a 74% increase. 

The period between January 2023 and January 2024 saw an additional increase of 1,235 in total sales, reflecting a 6.6% growth. Despite a decrease of 72.6% in car sales during this period, the truck/SUV category surged ahead, experiencing a 15.8% increase. 

*Hyundai, Nissan, Subaru, and Toyota sales numbers were not present for government fleets.

About the author
Nichole Osinski

Nichole Osinski

Executive Editor

Nichole Osinski is the executive editor of Government Fleet magazine. She oversees editorial content for the magazine and the website, selects educational programming for GFX, and manages the brand's awards programs.

View Bio
0 Comments