Mar
4th
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Stepping on the gas.
Maybe it was those Superbowl ads. Or, more likely, it was the release of some pent-up demand-particularly on the truck side, where business owners last year had all but shut down new-vehicle purchasing. After a fairly healthy start in January, sales acceleratd to a seasonally adjusted annual clip of better than 13 million units, which is better than we've seen in the last two years, save for during the Cash-for-Clunkers giveaway in summer 2009. Overall, the industry bettered the sluggish pace of last February (2010's weakest month) by 27%.
Photo Gallery: February 2011 Auto Sales - Automobile Magazine