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Is Covid The Main Contributing Factor for a Drop in Fleet Car Sales?

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Date

13th September 2022

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Jerry Young


We have been featured over at Fleetpoint, a key motor finance publication.

Jerry Young goes over the impact Covid has had on fleet car sales over the last year with key stats from ‘The Society of Motor Manufactures and Traders’.

If you are a fleet or transport manager tasked with purchasing new stock at some point over the last 12 months, the chances are that the Covid pandemic made it a difficult task.

With most showrooms closed, the luxury of being able to physically inspect vehicles was largely absent over the last year, a very disconcerting prospect for those managers responsible for buying large fleets and for spending large sums of company cash.

Indeed, the impact of Covid on fleet car sales over the last year speaks for itself. The Society of Motor Manufacturers and Traders (SMMT) has reported a year-on-year drop of over 15,000 vehicles when you compare the sales figures of February 2020 (45,545) and February 2021 (29,948).

Read the full article over at Fleetpoint

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