According to an early estimate from Cox Automotive, sales into large fleets—excluding sales into dealer and manufacturer fleets—rose 44.6% year over year to 217,572 vehicles in June.
Large rental, commercial, and government fleet combined sales have grown by double digits annually for 12 straight quarters. Sales into rental fleets increased by 85.4%, government fleets were up by 40.9%, and commercial fleets increased by 14.6% year over year.
“The return of fleet was a key driver of the first half new auto sales increase,” said Charlie Chesbrough, senior economist at Cox Automotive.