July Fleet Sales Climb on Rental Surge Despite Flat Year-to-Date Growth
U.S. fleet sales in July rose 17.9% year-over-year to 173,992 vehicles, driven primarily by a 56.2% surge in rental fleet purchases, which offset a 19.8% drop in government fleet sales and a modest 1.1% gain in commercial fleet sales.
Commercial fleets sold 69,165 vehicles, rentals climbed to 85,029 units, and government sales fell to 19,798 vehicles.
Despite July’s rebound, year-to-date fleet sales through July 31 were virtually flat at 1,372,769 vehicles—just 582 more than the same period in 2024—according to Bobit Business Media’s aggregated data from major automakers.
Ford Unveils “Model T Moment” With Affordable Next-Gen EV Truck
Ford CEO Jim Farley has announced what he calls a “Model T moment”: the launch of an affordable, all-electric small pickup truck to be built in Louisville, Kentucky, with future variants including SUVs, a sedan, and a van.
Ford Axes Escape and Corsair to Make Room for Affordable EV Pickup
Ford is discontinuing its long-running Escape crossover and its luxury cousin, the Lincoln Corsair, after the 2026 model year to make way for a new, yet-unnamed all-electric mid-size pickup truck launching in 2027.