FLEET SALES UP
Carmakers have been coping with declining demand from consumers
this year in part by boosting deliveries to commercial customers
including Amazon and its delivery contractors. Sales to fleets,
including rental-car companies and governments, are on pace for a
record year, having already exceeded 2.6 million units through
November, according to Cox Automotive.
Source: Bloomberg
CHRYSLER DISCOUNTS ARE BIGGEST IN A DECADE
Fiat Chrysler Automobiles NV is making an all-out push to clear
away tens of thousands of vehicles that its dealers haven't
ordered, adding to tensions over a new data-driven production
strategy that can lead to swelling inventory. The Italian-American
automaker is offering its most aggressive discounts since the
financial crisis to sell certain 2019 model-year cars under its
Dodge, Jeep and Ram brands, internal marketing documents show. In a
conference call last week, sales staff were asked to work overtime
to press the company's
