J.D. Power and LMC Automotive released their latest report on automotive sales for August and September, noting that fleet sales in September will return to a share of 18 percent, compared with the drop in share to 11 percent that occurred in August.
"Fleet sales have been averaging between 20 and 22 percent annually and typically have a much lower margin than retail sales," said Jeff Schuster, senior vice president of forecasting at LMC Automotive. "Therefore, fleet sales below 18 percent contribute to the overall financial health of the industry."









