Fleet sales in 2025 are on track to finish ahead of last year, surpassing the two-million mark in November and reaching 2,022,875 vehicles sold year-to-date, a 3.9% increase over the same period in 2024. Much of this growth has been driven by rental car companies, which significantly boosted their purchasing in response to higher customer demand compared to last year. In November alone, the three major fleet sectors—commercial, rental, and government—purchased 165,735 vehicles, an 18.4% increase from November 2024.

Performance varied sharply by fleet sector: commercial fleet sales dipped 2.9%, government sales fell 17.3%, but rental fleet purchases surged 44.8% year-over-year. Among major OEMs, Ford and GM dominated fleet sales, capturing roughly 58% and 29% of November’s market share, consistent with their year-to-date levels of about 60% and 29%, respectively.