It Could Have Been Worse: Fleet Sales Made October Less Bleak for Automakers

According to AutoWeek, fleet sales appeared to fill in some of the empty, plague-infested spaces for domestic carmakers during October's sales meltdown. Among the Big Three, sales to commercial fleets increased that month — rising to one-third of sales for GM and Ford (40% for Chrysler) from around a quarter in the year-earlier period. Sure, fleet sales are great for padding a balance sheet, but not so great when it's your Impala or Stratus or Taurus that depreciates to the value of a lightly buttered bagel in three years. Oh, the humanity.

Big 3 fleet sales hid October retail collapse, helped to keep domestics afloat [AutoWeek]

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