Ford and Nissan feed rental-car fleets as consumer demand sags

Fleets — (BLOOMBERG)

DW

By:

DAVID WELCH and GABRIELLE COPPOLA

B

By:

Bloomberg

|

April 04, 2019 06:34 PM

Stronger-than-expected new-car sales last month belied a dirty little secret: Automakers have been selling more vehicles to rental fleets in recent months to prop up volume.

Featured Stories

Trump’s autos tariff relief aimed at reshoring production to U.S., Lutnick says

Automakers would receive credits for up to 15 percent of the value of vehicles assembled in the U.S. that could be applied against the value of imported parts.

Trump’s autos tariff relief aimed at reshoring production to U.S., Lutnick says

Livestream 6 p.m. EDT: President Donald Trump in Warren, Mich., speaks about his first 100 days

Livestream 6 p.m. EDT: President Donald Trump in Warren, Mich., speaks about his first 100 days

GM net income declines as tariffs spoil 2025 guidance

Lindsay VanHulle

GM net income declines as tariffs spoil 2025 guidance

Valeo, American Axle tangle in $25M lawsuit after Stellantis cancels Ram electric heavy-duty truck

Valeo, American Axle tangle in $25M lawsuit after Stellantis cancels Ram electric heavy-duty truck

Latest News

CEO David Hult told Asbury dealerships to focus on profit, not vehicle volume, as tariffs neared

Live updates on tariffs: Trump could blunt impact of auto duties

Livestream 6 p.m. EDT: President Donald Trump in Warren, Mich., speaks about his first 100 days

Volvo to add high-volume hybrid at underutilized U.S. plant, CEO says

Staying current is easy with newsletters delivered straight to your inbox.

See More in Retail

CEO David Hult told Asbury dealerships to focus on profit, not vehicle volume, as tariffs neared

Cloud Theory’s 2025 vehicle price tracker

Hyundai was OK to reject new dealership owner because he lacked U.S. experience, judge says

Billionaire Norman Braman plans skyscrapers on Miami dealership campus

Staying current is easy with newsletters delivered straight to your inbox.