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General Motors: February U.S. sales increase 22% year-over-year

By Anonymous

Note: The real key is the seasonally adjusted annual sales rate (SAAR) compared to the last few months, not the year-over-year comparison provided by the automakers. But this is a strong increase for GM ...

From MarketWatch: GM U.S. February auto sales surge 45.8% to 207,028

[GM] said January U.S. sales in February surged 45.8% to 207,028 vehicles from 141,951 in February 2010.

Once all the reports are released, I'll post a graph of the estimated total February light vehicle sales (SAAR) - usually around 4 PM ET. Most estimates are for an increase to 12.7 million SAAR in February from the 12.6 million SAAR in January. Sales in January 2010 were at a 10.74 million SAAR.

I'll add reports from the other major auto companies as updates to this post.

From MarketWatch: Ford U.S. February auto sales up 13.8% to 156,626

From MarketWatch: Chrysler sales rise 13% in Feb

From MarketWatch: Toyota U.S. February sales soar 41.8% to 141,846

Full post as published by Calculated Risk on March 01, 2011 (boomark / email).