Detroit Three automakers posted increased sales for February, mainly due to a 28% rise in full-size pickup sales.
GM, Chrysler and Ford sold 224,314 vehicles in February, with the Chevrolet Silverado up 28.9% and the GMC Sierra up 25%. GM’s US sales increased 7.2% in February compared with the same period last month. Cadillac’s sales increased 20.3%, the Buick was up 15.2%, GMC rose 9.8% and Chevrolet increased 4.9%. Ford reported sales up 9.3% to 190,939 units, its best February over the past six years.
“As more new vehicle buyers continue returning to the marketplace, our fresh new product portfolio of fuel-efficient vehicles is winning over customers,” Ken Czubay, Ford’s vice president of U.S. marketing, sales and service, said in a statement.
The Ford Fusion set a new record for February with 27,875 vehicles sold, following by the Escape with 24,110 vehicles. Sales of the F Series trucks increased 15.3% and the Explorer was up 59%. Chrysler’s sales were up 4% to 139,015 vehicles, the best February in the past five years, with the Dodge up 30%, Ram Truck and Fiat up 2%, but Jeep down 16% and Chrysler down 7%.
“In spite of a cautious ramp up of some of our most popular products which limited inventory last month, we still managed to record our strongest February sales in five years and our 35th consecutive month of year-over-year sales growth,” Reid Bigland, head of U.S. sales.