Sales into large fleets, not including sales into dealer and manufacturer fleets, increased 3.0% month over month in December to 165,809 units, according to an early estimate from Cox Automotive.
Combined sales into large rental, commercial, and government fleets were up 47% year over year in December, the sixth consecutive month of double-digit, year-over-year increases. Sales into rental fleets were up 100%, while sales into commercial fleets were up 29% year over year and government fleets were up nearly 13%.
Fleet sales are expected to improve in 2023 and contribute to modest growth in new-vehicle sales.
