Fleet Deliveries Slow
Led by a drop in commercial fleet deliveries, decline was more widespread than Detroit.
Led by a drop in commercial fleet deliveries, decline was more widespread than Detroit.
Retail sales, meanwhile, were up in October, Cox says.
September deliveries continue year-long wave of new-vehicle increases.
April increase is the latest in a nine-month streak.
Automakers cite double-digit increases in the first quarter.
Boost overall US auto deliveries as inventories improve.
Improved inventory levels and higher retailing cited for the sales boost.
Helped by improved inventories, they could help make up for retail sales slowed by larger economic conditions.
By sharply reducing fleet sales, Hyundai can deliver more inventory to dealers.
A tax reform bill signed by President Donald Trump on Dec. 22 is expected to spur economic expansion, bring off-shore corporate revenues back to the U.S., and help fleet management companies make decisions about their operations that aren't tax driven.
The secure and easy all-access connection to your content.
Bookmarked content can then be accessed anytime on all of your logged in devices!
Already a member? Log In