Sales Results January '21Sure, I think 2020 fleet decline is largely due to reduction in sales to cars to rental fleets. It's the least profitable part of Ford's business.
Also correct. Truck fleet sale was down 8.6% but we know van fleet sale was strong. So that means Ford lost a lot of high profit F150 fleet sales. Probably due to combination of COVID related reduced order from business and Govt and model switch over inventory supply/volume constrains.Fri, 05 Feb 2021 18:12:43 +0000
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