Combined sales into large rental, commercial, and government buyers were down 36% year over year in January.
Looking at automakers, year-over-year changes in fleet sales differed by manufacturer, ranging from a decline of 97% to an increase of 28%.
But volume for rental, commercial, and government vehicle purchases is still well below levels seen in the pre-pandemic year of 2019.
August figures show sales into rental increased 118% year over year in August and are up 7% compared to the same time period last year.
Fleet sales decreased month over month but rose steeply year over year. Sales into rental rocketed 531% year over year.
Commercial fleet sales from nine manufacturers totaled 47,942 in November 2020, representing a 11.8% overall decrease when compared to the same time last year, though this was an improvement over what was reported the previous month in October.
Commercial fleet sales from nine manufacturers totaled 55,252 in October 2020, representing a 12.6% overall decrease when compared to the same time last year, though these declines were impacted by a 49.5% drop for sedans, which represents the smallest segment volume for commercial fleets.
Total fleet sales for the month — which is comprised of commercial, rental, and government sales — came in at 101,159, which represented a 51% drop from the same time last year.
Commercial fleet sales from nine manufacturers totaled 53,628 in June 2020, representing a 26% decrease when compared to the same time last year, though the declines are not as significant as seen in the last two months, which were both more than 65% drops.
Commercial fleet sales from nine manufacturers totaled 24,923 in April 2020, representing a 66.5% year-over-year decrease, driven heavily by the impact of the COVID-19 pandemic.
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