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0Report: Fleet sales are behind GM and Chrysler post-bankruptcy resurgence 1281445080
Before General Motors and Chrysler entered bankruptcy, the predominant fear was customers wouldn't purchase vehicles from a bankrupt automaker. Those fears turned out to be more or less unfounded, as the market share of the fallen two didn't fluctuate all that much during court proceedings, and ...
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Report: Chrysler ends 25-month sales skid by sending 58% of new vehicles to fleets 1267831860
Just about every automaker posted February sales gains compared to the same month in 2009, and industry-wide sales were up 13 percent for the month. Even Chrysler posted its first year over year gain for the first time in 25 months, albeit by a mere 399 units. So is everybody at the company's ...
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REPORT: Dollar Thrifty to cut percentage of Chrysler products from as much as 76% to 30% 1255525080
Dollar Thrifty Automotive Group, known in the retail world as Dollar Rent A Car and Thrifty Car Rental, will be buying about 40,000 fewer Chryslers than it did last year. Previously, the company was contractually bound to ensure that 75% of its fleet was composed of Chrysler vehicles. After the ...
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Hyundai and Kia seen using fleets to boost sales numbers 1239654600
While most automakers are reporting double-digit drops in sales each month, Hyundai and Kia continue to swim against the current and maintain (or even increase) units sold. According to Automotive News, a significant part of their success is attributable to fleet sales – large numbers of cars ...
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Rental fleet sales down last year, 2009 will be worse 1231614000
Last summer, it was the Detroit Three that were restraining themselves from dumping cars into the gaping maw of fleet sales just to boost the bottom line. Turns out they had some help with that discipline: Due to last year's events, rental car fleets shrunk by 400,000 units from 2007 to 2008. As we ...
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Detroit 3 show restraint in tough times, continue to limit fleet sales 1213644600
Showing great discipline amid declining sales, the Detroit 3 have held back on the temptation to dump vehicles on fleet customers in order to boost numbers. As we reported last month, selling vehicles to corporate fleets and daily rental companies has been a long-practiced method to offload ...
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GM to continue weaning itself off fleet sales 1211234520
Even after posting a $3.25 billion loss, General Motors won't resort to fleet sales to ease their pain. In the automotive industry, fleet sales typically represent the lightly equipped, and heavily discounted, vehicles sold to rental companies or corporations. The numbers are significant, and ...
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Ohio switching fleet to Ford Focus, gov't workers not amused 1201275000
click above for more pics of the 2008 Ford Focus SES CoupeFuel economy and CO2 emissions are on a lot of our minds right now, and many of us are re-examining our vehicle needs in an effort to save coin at the pump. The push to downsize has influenced the entire state of Ohio, which plans to switch ...
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Chrysler to make cuts in fleet sales in '08 1199541720
Chrysler has looked deep into it soul and decided to join the General and FoMoCo in an attempt to reduce its reliance on fleet sales. Chrysler's Vice Chairman, Jim Press (that still doesn't sound right), alluded to the reduction during a conference call regarding December sales figures and said, ...
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Imports taking up the slack in fleet sales 1185227760
OK, this seems like a no-brainer. As GM and Ford have gradually pulled back from the low-margin fleet sales market, import fleet sales have surged. After all, somebody has to keep the rental car lots filled. It's mostly been the mainline Asian automakers that have stepped in to fill the void. ...

