Automakers bullish as Feb. sales jump
Mar 04, 2013 | 05:31 PM
| Corinna Petry
CHICAGO The top-selling automakers in the United States sold nearly 1.03 million vehicles in February, a 3.3-percent improvement from the same month last year and 15.2 percent higher than the previous month.
Year-to-date sales of nearly 1.92 million vehicles were 8.7 percent ahead of the first two months of last year, according to an AMM analysis
"Clearly, 2013 is off to a very good start for both General Motors and the industry as a whole," Kurt McNeil, vice president of U.S. sales operations for Detroit-based General Motors Co., said during the automakers sales call. "It now appears likely that the light vehicle annual selling rate was in the 15.5-million-unit range in February. We have not seen a February this strong since 2008, when the light-vehicle SAAR (seasonally adjusted annual rate)....
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