Broken down, government fleets were up 5.9% YOY, commercial fleets down by 0.1%, and rental fleet volume down 33% from last May.
Combined sales into large rental, commercial, and government buyers were down 30% year over year in February.
While government fleet procurement plunged during the pandemic, it’s now back on the rise.
Fleet electrification has been a focus at Geotab Extend, with executives discussing resale value, battery health, total cost of ownership, and cost of tracking.
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