Steel Markets
March 2, 2017
Automotive Sales Slower in February
Written by Sandy Williams
Automotive sales slowed overall in February. Ford and FCA saw declines of 4 and 10 percent, respectively. There were still some strong sales among auto manufacturers, notably, GM up 4.2 percent, Nissan 3.7 percent, Subaru 8.3 percent, Mercedes-Benz 7.2 percent, and Volkwagen Group up 13.3 percent year-over-year.
WardsAuto puts light vehicle sales for February at a seasonally adjusted annual rate of 17.5 million. Total February sales were 1.326 million units, a 1.1 percent decline from a year ago.
