Febraury 2017 U.S. LV Sales Thread: Industry Hit 17.5 Million SAAR

(SUMMARY) U.S. automakers sold 1.33 million light vehicles in February, down 1.1% from year-ago.

Erin Sunde, Industry Analyst

March 1, 2017

2 Min Read
Febraury 2017 U.S. LV Sales Thread: Industry Hit 17.5 Million SAAR

FEBRUARY 2017 US LV SALES

FORECAST v REPORTED

UNITS

WardsAuto Forecast LV Sales

1.34 million

February Actual LV Sales

 1.33 million

WardsAuto Forecast LV SAAR   

    17.7 million

February Actual LV SAAR

   17.5 million


WardsAuto tracks light-vehicle (LV) deliveries throughout sales reporting day. Monthly year-over-year change represents the change in daily sales rate (DSR).  February had 24 selling days this year compared with 24 days in 2016, meaning DSR % change will be the same as straight volume % change for year-over-year comparisons this month.

Related Table 

U.S. Light Vehicle Sales Summary table

SUMMARY:  

U.S. automakers delivered 1.33 million light vehicles in February. A daily sales rate of 55,246 units over 24 days represented a 1.1% decline from like-2016 (also 24 days).

The seasonally adjusted annual rate of sales for the month came to 17.47 million units, compared with year-ago’s 17.60 million and January’s 17.48 million mark.

Year-to-date volume was 2,463,496 units, down 1.4% from like-2016.

GM grabbed a 17.9% share of the market, followed by Ford with 15.3%. Toyota finished in the No.3 spot with a 13.1% share. FCA took 12.6% of all sales. Nissan (10.2%) and Nissan (9.2%) followed. 

 

UPDATE 1:38 PM ET:

Subaru sales totaled 45,500 units, up 8.3% from year-ago.

BMW came in 2.5% below February 2016 with 24,712 vehicles sold.

Daimler sold 27,712 LVs for 6.8% gain.

 

UPDATE 11:55 AM ET:

Toyota posted a 7.2% drop from year ago, selling 174,339 vehicles.

Honda sold 121,686 units, up 2.3%.

 

UPDATE 10:33 AM ET:

GM posted sales of 237,388 light vehicles in February, up 4.2% from like-2016.

Ford delivered 202,726 LVs, 4.1% below prior-year.

FCA took a larger downturn, falling 10.4% to 166,736 LV sales.

Nissan sold 135,740 units over the month, a 3.7% improvement on last year.

 

 

About the Author

Erin Sunde

Industry Analyst, WardsAuto

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