FI showroom red and grey logo
MenuMENU
SearchSEARCH

Cars.com Projects Highest February SAAR Since 2008

Cars.com analyst predicts that new-vehicle sales in February will be up 1.1% from a year ago. He also put the industry SAAR at 15.4 million — the highest selling rate since February 2008.

by Staff
February 27, 2014
2 min to read


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.”

Ad Loading...

According to Toprak’s analysis, the compact SUV segment is seeing a particularly high increase in demand. “Consumers can’t get enough small SUVs,” said Toprak. “The segment’s market share reached a record high 18 percent this month, up from 15 percent this time last year.”

The analyst also put new-vehicle sales at 1.21 million units, up 1.1 percent from February 2013 and up 19.3 percent from January 2014, while his outlook for February’s selling rate would be up 0.5% from one year ago and up 1% from January if realized.

Retail sales are expected to account for 79.3 percent in February 2014, down 4.2 percent from February 2013.

Unit Sales

Manufacturer

February 2014 Sales Forecast

YoY

MoM

Chrysler Group

146,842

5.6%

15.5%

Ford

181,040

-7.3%

17.9%

GM

214,126

-4.5%

24.9%

Honda

110,805

2.6%

20.9%

Hyundai/Kia

92,263

-1.7%

13.9%

Nissan

107,685

8.1%

19.0%

Toyota

169,565

1.9%

15.9%

Volkswagen

38,208

-15.4%

3.5%

Industry Total

1,205,140

1.1%

19.3%

Market Share

Manufacturer

February 2014 Sales Forecast

Jan-14

Feb-13

Chrysler Group

12.2%

12.6%

11.7%

Ford

15.0%

15.2%

16.4%

GM

17.8%

17.0%

18.8%

Honda

9.2%

9.1%

9.1%

Hyundai/Kia

7.7%

8.0%

7.9%

Nissan

8.9%

9.0%

8.4%

Toyota

14.1%

14.5%

14.0%

Volkswagen

3.2%

3.7%

3.8%

More Auto Finance

Auto Financeby Lauren LawrenceFebruary 23, 2026

Auto Loan Forecast Bucks Market Trend

Auto loan originations rose over 6% year-over-year in the third quarter of 2025, but TransUnion predicts a slight decline in auto loan growth this year, making it an outlier in the company's overall lending forecast.

Read More →
Auto Financeby Hannah MitchellFebruary 11, 2026

Auto Credit More Plentiful

Growing access shows greater lender appetite for risk as consumers take on heavier debt burden in an inflated market.

Read More →
Auto Financeby Hannah MitchellJanuary 27, 2026

Auto Loans Long as Stretch Limos

More consumers, faced with ever-rising car prices, are adapting by agreeing to longer loan terms despite the cost of added interest payments.

Read More →
Ad Loading...
A person holds a stack of cash with a small red toy car on top.
Auto Financeby StaffJanuary 20, 2026

AutoPayPlus Launches RePayPlus

The reinsured biweekly payment program offers auto dealers with customer retention and reinsurance structure.

Read More →
F&Iby Hannah MitchellJanuary 12, 2026

Auto Credit Access Loosens

December brought some of the best borrowing availability for consumers in years, though lenders tightened their reins on riskier segments of the market.

Read More →
A hand holding small burlap money bags next to a toy red car, symbolizing auto financing, loan payments, and dealership profitability.
Industryby StaffNovember 14, 2025

Report Uncovers $4.7B Opportunity for Auto Dealers

Solving mismatched payment quotes can boost sales, profits

Read More →
Ad Loading...
Industryby Hannah MitchellNovember 10, 2025

Auto Loans More in Reach

October easier to tap despite approval rates falling

Read More →
Industryby Hannah MitchellNovember 3, 2025

Q3 Auto Loans Reveal Stress

Data reflect growing finance activity on the extreme ends of credit risk scale

Read More →
Industryby Hannah MitchellOctober 15, 2025

Debt-Strapped Auto Consumers on the Rise

The amounts owed on under-water trade-ins reach new highs.

Read More →
Ad Loading...
F&Iby Hannah MitchellOctober 10, 2025

Helping the Credit-Crunched

Though many auto consumers are finding it challenging to trade, dealers can leverage conditions to help them get over the hump.

Read More →