Slumping fleet sales weigh on U.S. auto market

Discussion in 'Car Related News Section' started by Halbot, Jun 30, 2020.

  1. Halbot

    Halbot Platinum Member

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    [​IMG] Weak fleet orders are expected to hurt June sales, which automakers will report on Wednesday. Cox Automotive forecasts fleet sales will fall nearly 56% to 1.3 million vehicles after plunging 83% in May and 77% in April. In the short term, fleet sales are not a major concern for automakers focused on ramping up production to beef up anemic dealer inventories for higher-profit sales to consumers.
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    Slumping fleet sales weigh on U.S. auto market originally appeared on Autoblog on Tue, 30 Jun 2020 08:07:00 EDT. Please see our terms for use of feeds.

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