U.S. car sales decline 1.1% in February
U.S. light vehicle sales of 1,333,637 units in February were down 1.1% as compared to the same month in 2016.
Truck and SUV sales rose 6.9% from last February to 831,337 units, while passenger car sales declined 12.1% to 502,300 units.
The overall SAAR for February was 17.58 million units.
The SAAR was 6.53 million units for passenger cars and 11.05 million units for trucks.
General Motors sales were up 4.1% as light truck sales jumped 16.5% from February 2016, while passenger car sales fell 22.7%.
Ford sales were down 4.0% and FCA sales were down 10.1% compared to February last year, with passenger car sales down 24.0% and 26.1% respectively.
Among Japanese companies, Nissan, Honda, Subaru, Mazda and Mitsubishi sales were up 3.7%, 2.3%, 8.3%, 5.9% and 38.8% respectively compared to last February.
Hyundai sales were flat while Kia sales decreased 14.2% from last year.
Among German companies, Daimler and Volkswagen Group sales increased 6.8% and 14.4% respectively, while BMW Group sales declined 2.3% from the same month last year.
Volvo sales decreased 11.6%, while Jaguar Land Rover sales increased 16.4% from last February.