The automakers will report February vehicle sales on Tuesday, March 1st.
Note: There were 24 selling days in February, unchanged from 24 in February 2015.
From WardsAuto: Forecast: February Sales Set to Reach 15-Year High
A WardsAuto forecast calls for U.S. automakers to deliver 1.34 million light vehicles in February, a 15-year high for the month. The forecasted daily sales rate of 55,868 over 24 days represents a 7.1% improvement from like-2015 (also 24 days).
The report puts the seasonally adjusted annual rate of sales for the month at 17.50 million units, compared with year-ago’s 16.32 million and January’s 17.45 million mark.
emphasis added
And from J.D. Power: New-Vehicle Sales in February Expected to Increase 8.1%
New-vehicle sales in February 2016 are expected to increase 8.1% from a year ago, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.
New-vehicle retail sales in February are projected to reach 1,046,700 units from 968,316 in February 2015, with the same number of selling days (24 days).
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The SAAR for total sales is projected to reach 17.7 million units in February 2016, up 1.4 million units from 16.4 million a year ago and the highest rate since 2000 (18.9 million).
Looks like another strong month for car sales.