In February, automakers sold a lot more vehicles than analysts expected them to, an increase that was largely driven by small car sales. Edmunds predicted a seasonally adjusted annual rate of 14.4 million for February, but “car sales surged to 1.15 million vehicles, a 16-percent rise from a year ago,” making “February's Seasonally Adjusted Annual Rate (SAAR) of sales at 15 million vehicles, the highest level since February 2008.”
Automakers aren’t selling more cars because they ...
continue reading»
Tags:
News,
car deals,
new car incentives,
new car lease deals,
new car financing deals
