February Car Sales Flat, But Optimism Still Going Strong
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.