February 2011 Sales Recap

With gas prices surging upwards the conventional thinking would have car sales falling, yet the complete opposite was true in February. As a whole the auto industry recorded a 27% improvement over February of 2010 and posted a 13.4 million sales pace for the year. The best performing brands all posted unheard of improvements of over 70% compared to last year. Fueled by an almost doubling of pickup sales the Ram sub-brand posted an 81% increase in sales. As a whole Dodge was up 22%. February was an exceptionally strong month for General Motors. Its luxury oriented Buick brand was up 73% while Cadillac up by 70%. Chevrolet was up 43% to lead the biggest sellers with Toyota right behind with a 41.8% improvement. Toyota's luxury division Lexus did not fair as well only managing a 0.2% improvement. Of the remaining mainstream brands only Lincoln and Chrysler posted declines for the month.
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BondMI6 - 3/6/2011 12:43:36 AM

+4 Boost

With gas prices soaring I guarantee those numbers will be markedly different for March........

chewy - 3/6/2011 5:48:49 PM

+1 Boost

That's the question everyone is asking. Truck sales were quite strong in February but like you said March might be different.