Commercial fleet sales cooled off in June with a 0.5% decline to 72,592 compared to a year ago. A double-digit decline in car sales offset a modest increase in truck sales, according to Automotive Fleet data.
For the month, nine manufacturers sold 1.7% more trucks (66,064) than a year ago and 18.7% fewer cars (6,528).
First-half sales also slipped but remained on a growth trajectory. Sales in the period were 6.3% ahead of the first half of 2018 with 417,912 units sold. Sales of trucks, vans, and SUVs are 8.3% ahead of a year ago (373,368), while sales of passenger cars are 8% lower (44,544).
June sales to government fleets from four manufacturers declined 13.1% to 25,003. Truck-based sales declined 13.2% to 20,720 and car sales fell 12.4% to 4,283. For the year, government sales have fallen 1.8% to 136,903. Truck sales have increased 1% to 115,705 and car sales have declined 14.7% to 21,198.
Daily rental sales from nine manufacturers increased 10.5% to 180,020 units. Truck-based sales declined 2.6% to 103,149 units, while car sales increased 35% to 76,871 units. Year-to-date sales have increased 6.2% to 1.01 million vehicles with a 1% increase in car sales to 404,711 and a 9.6% increase in truck-based sales to 672,029 units.
For all three segments, fleet sales in June increased 4.9% from a year ago to 277,615 units with a 2.5% decline in truck sales to 189,933 and a 25.5% increase in car sales to 87,682. For the first half of the year, sales into the three fleet segments have increased 5.5% to 1.63 million. While truck-based sales have increased 8.2% to 1.16 million, car sales have fallen 0.7% to 474,695.
Originally posted on Automotive Fleet
See all comments