No surging consumer here either.

Third month down…

U.S. Light Vehicle Sales decrease to 16.2 million annual rate in February

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).