Automakers Shift Fleet Strategy

This is a U.S. news story, published by MSN, that relates primarily to Stellantis news.

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Many fleet sales

NBC News

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Ford turns 'dirty' business into a profit driver. GM and Stellantis are taking notice

Summary

Nutrition label

85% Informative

Ford 's fleet sales have raked in about $18.7 billion in adjusted earnings and $184.5 billion in revenue since 2021 .

General Motors and Chrysler parent Stellantis have taken notice, restructuring their operations.

Ford claims to lead sales of commercial vehicles, categorized as Class 1-7 and vans, 43% of U.S. registrations through May .

Ford is aiming to achieve $1 billion in sales of software and services in 2025 , led by its fleet and commercial business.

Chrysler parent Stellantis is relaunching its “ Ram Professional ” unit this year with goals of achieving record profitability in 2025 .

GM Envolve , formerly known as GM Fleet , reorganized the automaker’s business to be a one -stop shop for fleet customers.

Ford last month announced plans to expand Super Duty production, including to “electrify” Super Duty trucks.

“We’ve gone to, on all of our commercial vehicles, a multi-energy platform so we will offer customers the choice that we think no other competitor will have,” Farley said.

VR Score

Informative language

Neutral language

Article tone

formal

Language

English

Language complexity

Offensive language

not offensive

Hate speech

not hateful