We want to inform you that the 2026 model-year Toyota Tundra (gas) and Tacoma (gas) have officially sold out.
This rapid sell-out underscores the continued high demand in the market, and we appreciate your partnership as we work proactively to support your fleet planning and procurement needs.
Global Car Buyers Shift Back to Combustion Engines Amid EV Uncertainty
A new EY report shows that global car buyers are increasingly shifting back toward combustion engine vehicles, driven by policy reversals, geopolitical tensions, and concerns over EV infrastructure and costs. Recent moves—such as the U.S. proposal to roll back fuel economy standards and the EU’s potential easing of its 2035 engine phase-out—reflect a slower-than-expected transition to electric vehicles. While Chinese consumers continue buying EVs, their priorities are shifting toward digital features rather than powertrain type.
Rental Demand Drives 2025 Fleet Sales Past Two Million as Year-End Momentum Builds
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.