Sports car sales fall as Baby Boomers age
Posted: Sat Oct 22, 2016 7:09 am
http://autoweek.com/article/car-news/sp ... omers-grow
25% to fleets?? GM was practically burned at the stake for this in years past.Ford will probably sell more than 100,000 Mustangs this year, but through July about 25 percent have gone to car-rental agencies and other corporate fleets, according to IHS Markit, which tracks vehicle registrations. Even with that many cars going to fleet buyers, sales are off.
I don't really see anyone giving them explicit credit for such a smaller proportion of fleet sales.Ford isn’t alone in seeing declines. U.S. sales of the Camaro and Corvette are down 11 percent and 14 percent, respectively, this year. Part of Camaro’s drop is because General Motors sells fewer of them to fleet buyers. Retail sales fell only 1 percent.