Topic: Fleet Sales Truths Revealed

[toolatecrew]

GM seems to be getting back on their feet making cars that the public wants to buy, increasing sales over last year ..or are they.

TTAC recently released the fleet sales data and its interesting to say the least.

Example:
Total 7 month GM sales in 09 -1135674
Total 7 Month GM sales in 10- 1277203
That's an increase of 141529. Pretty impressive. Consumers must be flocking back to dealers in droves to buy their great new cars at increased margins right?

Wait...Fleet sales incresed from 261,000 to 395933 an increase of 134 993.
Only 6596 of the sales increase is due to sales to regular consumers? 95% of the increased sales are to FLEETS?

Its even worse at chrysler. Without that big increase inFleet sales they would be DOWN over 60,000 sales vs last year. That's just not good (not unexpected becuase they have esentially no new produc launched in the last year)

When you are tops and incentives and tops in Fleet sales it really doesn' show nearly as rosey a picture as some would like to paint with sales figures


http://www.thetruthaboutcars.com/detroit-dominates-year-to-date-fleet-sales/#more-362489

[TopGun]

...
TTAC recently released the fleet sales data and its interesting to say the least.

Hmm...how come the YTD 2009 numbers for Honda, Toyota, Nissan and Hyundai/Kia aren't shown?

I ran a couple of numbers comparing two companies for July 2010 that remove fleet sales:

1) Total July 2010 Sales minus July Fleet = 93K - 23K = 70,536...24% fleet

2) Total July 2010 Sales minus July Fleet = 90K - 18K = 71,570...20% fleet


Company #1 has absolutely no product to sell...Chrysler.

Company #2 has had the intro of Tucson, Genesis, and of course the Sonata.

[toolatecrew]

...
TTAC recently released the fleet sales data and its interesting to say the least.

Hmm...how come the YTD 2009 numbers for Honda, Toyota, Nissan and Hyundai/Kia aren't shown?

I ran a couple of numbers comparing two companies for July 2010 that remove fleet sales:

1) Total July 2010 Sales minus July Fleet = 93K - 23K = 70,536...24% fleet

2) Total July 2010 Sales minus July Fleet = 90K - 18K = 71,570...20% fleet


Company #1 has absolutely no product to sell...Chrysler.

Company #2 has had the intro of Tucson, Genesis, and of course the Sonata.

"Automotive News <sub>takes a stab at calculating the numbers that Detroit doesn’t want you to see. Best of all, AN says the numbers are based on “internal documents.” "
" Ford and GM have started detailing basic fleet and retail information."

There may have been no internal documents available for last year for Honda etc. Some of these numbers are educated guesses.</sub>