February 2016 Auto Sales: Mostly Good News
Ford, FCA, Honda, Nissan post double-digit gains, GM down slightly.
The majority of automakers were able to ride the strongmomentum from January salesinto February auto sales. Trucks and SUVs were still the name of the game, with Ford's big 20-percent gain mostly thanks to strong SUV sales. Fiat Chrysler also posted an increase of 12 percent, with Jeep and Ram carrying most of that load. General Motors was the sole dark spot among U.S. automakers, though it said that its 1.5 percent decrease was mostly due to a lower mix of fleet sales.
Honda and Nissan posted double-digit increases, both setting all-time February records, and Kia and Hyundai also set records this month. Things weren't so bright in the luxury sphere, as Mercedes-Benz and BMW both posted declines this month, allowing Lexus to claim the second-place spot among luxury brands so far this year.
Overall sales grew 6.8 percent compared with last year to a total of 1.3 million units, according toAutomotive News, while estimates for the SAAR coming in around 17.7 million, beating last year's total of 17.5 million units.
And now, on to the numbers…

General Motors: 227,825 units sold, down 1.5 percent
*New Malibu jumped 53.3 percent up to 21,418, but Cruze, Equinox, and Silverado were all down and dragged Chevrolet to a 0.7 percent decline
*Some of overall decline attributable to 39 percent drop in fleet sales
*Cadillac was up slightly, 0.9 percent increase to 11,840, Escalade up 22.2 percent, SRX continues to be best-seller, up 5.5 percent to 4,017
*Addition of 495 Cascada convertible sales helped Buick get a 2.3 percent increase, LaCrosse down 29.5 percent in model changeover






