February Car Sales Flat, But Optimism Still Going Strong

Published: Mar 4, 2014

Bearfaced / Foter / CC BY-NC-ND

Despite more optimistic predictions and increase in showroom visits, U.S. car sales remained flat in February. In fact, they registered a negligible drop of 0.03% or 357 vehicles compared to January.

While most major automakers were negatively affected, Nissan and Chrysler actually posted gains, while Subaru is at the top with an increase of 24%. The general consensus seems to be that unfavorable winter conditions are to blame for decrease in deliveries.

But automakers remain positive, as the second half of February was already showing signs of improvement, coinciding with the rise of temperatures. Analysts also agree that given the circumstances, we can conclude that February was actually a good month for car sales.

The article goes on to describe in detail the figures posted by major automakers, as well as their reactions and predictions. Read its full version at Autonews.

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Victor Lance is the founder and president of Lance Surety Bond Associates, Inc. He began his career as an officer in the U.S. Marine Corps, serving two combat tours. As president of Lance Surety, he now focuses on educating and assisting small businesses throughout the country with various license and bond requirements. Victor graduated from Villanova University with a degree in Business Administration and holds a Masters in Business Administration (MBA) from the University of Michigan's Ross School of Business.