US Commercial Vehicle Market Grew 14 percent in 2023, according to S&P Global Mobility
S&P Global(SPGI) Prnewswire·2024-02-29 21:23
SOUTHFIELD, Mich., Feb. 29, 2024 /PRNewswire/ -- Fueled by the resurgence of the rental and leasing industry, US commercial vehicle registrations (GVW 1-8) rose 14% in 2023 compared to 2022, with more than 1.6 million commercial vehicles registered in 2023, according to the latest analysis of new commercial vehicle registration data from S&P Global Mobility. US commercial registrations are also approaching pre-pandemic levels, as 2023 was just 196,000 units shy of 2019 registrations. US fleet industry tren ...