by Calculated Risk on 3/01/2011 11:33:00 AM
Tuesday, March 01, 2011
General Motors: February U.S. sales increase 22% year-over-year
Note: The real key is the seasonally adjusted annual sales rate (SAAR) compared to the last few months, not the year-over-year comparison provided by the automakers. But this is a strong increase for GM ...
From MarketWatch: GM U.S. February auto sales surge 45.8% to 207,028
[GM] said January U.S. sales in February surged 45.8% to 207,028 vehicles from 141,951 in February 2010.Once all the reports are released, I'll post a graph of the estimated total February light vehicle sales (SAAR) - usually around 4 PM ET. Most estimates are for an increase to 12.7 million SAAR in February from the 12.6 million SAAR in January. Sales in January 2010 were at a 10.74 million SAAR.
I'll add reports from the other major auto companies as updates to this post.
From MarketWatch: Ford U.S. February auto sales up 13.8% to 156,626
From MarketWatch: Chrysler sales rise 13% in Feb
From MarketWatch: Toyota U.S. February sales soar 41.8% to 141,846