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February US sales suggest ‘remarkable’ year ahead

January and February tend to be slower sales months for the US market, but figures so far suggest the pace remains on track

The US light vehicle market has been powering ahead this month and some analysts are expecting a 16-year high. Kelley Blue Book is projecting a 9% year-over-year rise to 1.37 million vehicles, with an estimated 17.9 million seasonally adjusted annual rate (SAAR). This would put it just behind the 1.5 million units recorded in February 2000. Meanwhile, J.D. Power and LMC Automotive along with Edmunds.com are forecasting a 17.7 million SAAR.

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