Note: Some figures were updated on March 7.
U.S. new vehicle sales of 1,161,393 units for the month of February represented an increase of 9.0% from January 2023, and an increase of 9.1% from one year ago in February 2022 when supply chains restricted production.
There were 24 selling days in February 2023, same as the 24 selling days in February 2022.
February’s passenger car sales increased 6.9% to 239,370 units, resulting in a 20.6% market share, while SUV and truck sales increased 9.7% to 922,023 units, resulting in a 79.4% market share.
Light vehicle seasonally adjusted annualized sales (SAAR) for February 2023 was 15.19 million units versus 13.96 million units one year ago.
With its vehicle inventories improved since last year, General Motors monthly sales rose 14.7%, and Ford sales increased 22.0%, though Stellantis sales fell 12.3%.
Tesla sales increased 43.6% from last February to 60,325 units, giving it a U.S. market share of 5.2%.
EV startup Rivian sales were up 580.4% to 2,667 vehicles in February, Karma sales were down 90.5% to 2 units, Polestar sales were up 141.6% from the same month last year to 1,034 vehicles, and Lucid Motors sales were up 237.0% to 455 units.
Among Japanese companies, Toyota sales were down 1.8%, Nissan sales were up 17.4%,
Honda sales were down 1.4%, Subaru sales were up 2.1%, and Mazda sales were up 8.8%.
Hyundai sales were up 9.6%, and Kia sales were up 23.7%.
Among German companies, VW sales were up 7.0%, Mercedes-Benz sales were up 9.8% and BMW sales were up 2.3%.
Jaguar Land Rover sales were up 1.0% from last February, while Volvo Car sales increased 37.6%.
The best-selling models in February 2023 were:
1. Ford F-Series (up 21.5% from February 2022)
2. Chevrolet Silverado (down 0.3%)
3. Tesla Model Y (up 46.2%)
4. Ram pickups (down 24.6%)
5. Toyota RAV4 (down 10.5%)
6. Nissan Rogue (up 110.4%)
7. Toyota Camry (up 55.1%)
8. Tesla Model 3 (up 47.6%)
9. GMC Sierra (up 16.6%)
10. Ford Explorer (up 100.4%)
(from Autodata results posted March 1, 2023)