No surging consumer here either.
Third month down…
By Bill McBride
Based on a WardsAuto estimate, light vehicle sales were at a 16.16 million SAAR in February. That is up 5.4% from February 2014, and down 2.4% from the 16.55 million annual sales rate last month. The comparison to February 2014 was easy (sales were impacted by the severe weather last year).