Sentences with phrase «cut fleet sales»
However, in the short term, the effort to cut fleet sales has contributed to some discouraging sales results in the early months of 2018.
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Ford's premium Lincoln brand is reducing its fleet sales in 2018 to keep residual values strong, Automotive News reports, cutting sales to rental fleets like Avis and Hertz, and reducing the number of vehicles it sells as company cars — both internally and externally.
GM which has been a poster child for fleet sales has been cutting back.
Lincoln will still sell to livery companies but has already begun to drastically reduce sales to rental fleets like Hertz and Avis and cut back on sales of company cars, according to Automotive News.