CHICAGO – As the month comes to a close and automakers prepare to report February’s sales, Jesse Toprak, chief analyst for Cars.com, reported this week that he expects new-vehicle sales to improve 1.1% from a year ago to 1.2 million units. He also put the seasonally adjusted annual rate at 15.4 million, which, if realized, would reflect the highest sales rate since February 2008.
“As the industry continues to gain strength, February car sales have the potential to reach their highest rate in six years,” said Toprak. “The positive impact of the recovering stock market has been dampened by ongoing severe weather conditions; however, year-over-year new-vehicle sales show that the industry is pushing to surpass the mark set in 2013.”











