RSS Reader
06-30-2020, 07:14 AM
Filed under: Earnings/Financials (https://www.autoblog.com/category/earnings-financials/),Plants/Manufacturing (https://www.autoblog.com/category/plants-manufacturing/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-05/ec04ce80-9cf5-11ea-997b-a6a39cb316f5 Weak fleet orders are expected to hurt June sales, which automakers will report on Wednesday. Cox Automotive forecasts fleet sales will fall nearly 56% to 1.3 million vehicles after plunging 83% in May and 77% in April. In the short term, fleet sales are not a major concern for automakers focused on ramping up production to beef up anemic dealer inventories for higher-profit sales to consumers.Continue reading Slumping fleet sales weigh on U.S. auto market (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/)
Slumping fleet sales weigh on U.S. auto market (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 30 Jun 2020 08:07:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/) | Email this (https://www.autoblog.com/forward/2245816/) | Comments (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/#comments)
More... (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/)
https://o.aolcdn.com/images/dims3/GLOB/legacy_thumbnail/800x450/format/jpg/quality/85/https://media-mbst-pub-ue1.s3.amazonaws.com/creatr-images/2020-05/ec04ce80-9cf5-11ea-997b-a6a39cb316f5 Weak fleet orders are expected to hurt June sales, which automakers will report on Wednesday. Cox Automotive forecasts fleet sales will fall nearly 56% to 1.3 million vehicles after plunging 83% in May and 77% in April. In the short term, fleet sales are not a major concern for automakers focused on ramping up production to beef up anemic dealer inventories for higher-profit sales to consumers.Continue reading Slumping fleet sales weigh on U.S. auto market (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/)
Slumping fleet sales weigh on U.S. auto market (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/) originally appeared on Autoblog (https://www.autoblog.com) on Tue, 30 Jun 2020 08:07:00 EDT. Please see our terms for use of feeds (http://www.motorgen.com/rss-term-of-use/).
Permalink (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/) | Email this (https://www.autoblog.com/forward/2245816/) | Comments (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/#comments)
More... (https://www.autoblog.com/2020/06/30/us-fleet-sales-slump/)