VAn sales Driven by Small Business - Ford Transit USA Forum
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post #1 of 2 (permalink) Old 02-28-2014, 05:45:PM Thread Starter
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VAn sales Driven by Small Business

Turns out small business' are fueling the current boom in commercial van sales.

USA Today reports as small businesses begin to invest in their companies once more — and with borrowing on the rise with loosened credit now available — commercial van sales rose to over 40 percent since 2010. The winter weather failed to put a dent in sales, rising 9 percent in January as auto sales fell 3 percent in the same period. IHS Automotive, in particular, expects sales to grow 27 percent overall between 2013 and 2015, with over 400,000 units leaving the lot for the wrap shop annually.
My only concern is that small business' do not behave like consumers, in the sense that small business do not turnover their fleet vehicles every 2-3 years because status. They will fleet up now and sustain them well past their pay backs. With the market getting increasingly crowded I just wonder how long these new commercial van sales will be able to keep up the buoyancy....
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post #2 of 2 (permalink) Old 03-02-2014, 02:31:PM
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good point on these being long term ownership with small businesses.
if it does cap out eventually that could be really bad for Ford and other cargo van makers.
not sure how they can prevent that.
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