Forecast by J.D. Power and LMC Automotive project strongest February light vehicle sales since 2002.
New-vehicle sales in February 2016 are expected to increase 8.1 percent from a year ago, according to a monthly sales forecast developed jointly by J.D. Power and LMC Automotive.
New-vehicle retail sales in February are projected to reach 1,046,700 units from 968,316 in February 2015, with the same number of selling days, 24 days, as last year. The seasonally adjusted annualized rate (SAAR) for retail sales in February 2016 is expected to reach 13.9 million units, up significantly from 12.8 million units in February 2015
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