Chrysler Group and Hyundai-Kia have achieved the highest overall sales growth among major automakers this year, even though their fleet business has declined sharply.
Through July, total Hyundai-Kia sales jumped 31 percent to 672,966 units, and Chrysler was up 21 percent to 751,958.
But Hyundai-Kia slashed fleet volume 26 percent in the first seven months of 2010, reducing its fleet mix to 11 percent, from 19 percent. Retail volume has risen 44 percent for the Korean group.
In the same period, Chrysler cut fleet sales 10 percent, lowering its fleet mix to 29 percent, from 39 percent. Retail sales have soared 41 percent.
The trend accelerated in July. Chrysler sold 18,300 fleet units, down 20 percent, while retail volume jumped 33 percent to 93,700 units. Chrysler's 84 percent retail mix was the highest among the Detroit 3.
In July, Hyundai-Kia's retail sales grew 33 percent, raising its mix to 91 percent retail for the month, compared with 80 percent in July 2010. Fleet volume dropped 45 percent in July.
Sales to commercial, government and daily rental fleets accounted for 16 percent of the overall market in July, the same level as July 2010. Through seven months, fleet is down to 21 percent of the U.S. market, from 23 percent a year ago.