Automotive News Domestics cut rental fleet sales
In a critique of its own business sales info, Automotive Information has discovered that the domestic automakers are curtailing large scale revenue to rental fleets, while some Asian OEMs have been picking up the slack.
Gm particularly has curtailed its "fleet dumping" recently, Automotive Information states, while Hyundai, Kia, Nissan and Toyota (the latter two to a smaller degree) have found an uptick over an identical amount of time.
The outlet also compared historic fleet sales amounts for this year's amounts, and discovered that only 13.6% of GM's revenues in 2015 therefore significantly were accounted for by rental fleet; in 2012, that amount was 18.6--almost 20 percent of the firm's overall sales quantity. Of the "Detroit Three," FCA is do the worst, flirting having a complete that could match its 2012 figures. Ford's amounts happen to be more haphazard. While the firm's fleet revenues have reduced from 15.4% of their overall volume in 2012 to only 11% this yr, their fleet quantity has really improved slightly year to date. Hyundai, on the flip side, is trending another direction. Through November, a whopping 22.4% of the firm's quantity has attended rental fleets. In the year 2012, that amount was below 10%. An analyst for Edmunds.com stated the accompanying uptick in rental revenue from car companies including Hyundai and Kia reveals their brands' reliance on automobiles and car-based crossovers. In other phrases? Trucks are popular, as well as the Koreans do not market several.
Read SourceMore news from this source:
Go Motors Blog
Top 10 Best Chevrolet Models of All Time
9 Unique Ways to Customize Your Car
How to Find the Best Tow Truck Companies
Your Guide to the New Skyactiv-X Engine from Mazda
5 Tips for Finding a Good Mechanic You Can Trust
Shady Car Mechanic Tricks You’ve Never Known Before
Car Repair at Home: 4 Easy DIY Fixes That Anyone Can Do
6 Effective Maintenance Tips for Car Headlights
7 Tips for How to Install Windshield Wipers
View All Recent Posts