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Statistics covering fleet vehicles by industry segment as of Jan. 1, 2017
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Vehicle manufacturers sold 12.2% fewer cars, trucks, vans, and SUVs to rental, commercial, and government fleet buyers in April compared to a year ago in what has become a softening market for new vehicle sales.
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Sales of vehicles to commercial, daily rental, and government fleets declined 13.1% to 279,063 in March and remain negative for the first quarter in the three segments, according to Automotive Fleet data and the Detroit Three.
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Sales of commercial and government fleet vehicles from eight manufacturers started 2015 with nearly double-digit gains as major manufacturers such as Ford and General Motors continued shifting car sales away from rental fleets.
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The Ford Mustang will enter its sixth generation as the automaker redesigns it for the 2015 model year with engine choices including a more powerful V-8 and a four-cylinder fuel efficient version for Europe and Asia. Read the full story here. Photos courtesy of Ford.
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Ford Motor Co.'s redesigned Mustang for 2015 includes three engines, including a more powerful V-8 and the first four-cylinder engine since the Mustang's 1993 model year. For the first time, it will be sold in Europe and Asia.
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Avis Rent a Car Southern Africa has introduced a new range of vehicles to its fleet with the addition of the Mercedes-Benz E250 CDI sedan and E250 convertible, and the Ford ST3.
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General Motors will continue producing its Chevrolet Impala Limited for fleet buyers through the 2016 model-year, as it rolls out the revamped 2014 Impala for retail customers.
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Among the list of new coverage options for its commercial auto insurance customers, Progressive has expanded truck cargo coverage to include owned goods, limits up to $250K and refrigeration breakdown.
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