This Dirty Little Secret Could Mean Major Upside for These 2 Auto Stocks

·3-min read
This Dirty Little Secret Could Mean Major Upside for These 2 Auto Stocks

Not all sales are equal, and that phrase is especially true for what was once the unacknowledged side of the automotive industry: Fleet sales. Once upon a time, Detroit automakers such as Ford Motor Company (NYSE: F) and General Motors (NYSE: GM) filled excess production capacity with fleet sales, which were low-margin bulk sales to companies such as Hertz (NASDAQ: HTZ), among other large buyers.