Now that Winter Storm Jonas is history, industry analysts are predicting big numbers when February light vehicle sales are reported next Tuesday.
Sales that were lost last month to heavy snows and frigid temperatures will give a boost to total deliveries this month with the result that this could be the best February since 2000.
Two of the top forecasters, Edmonds.com and Kelley Blue Book’s KBB.com, look for total industry sales of between 1.35 million and 1.37 million. Being the third opinion that we are, we averaged the two.
|AVERAGE ANALYST FEBRUARY 2016 SALES FORECAST|
|Ford Motor Company||206,161||179,671||14.7%||172,478||19.5%|
|Toyota Motor Sales||192,680||180,467||6.8%||161,283||19.5%|
|FCA US LLC||179,362||163,587||9.6%||155,037||15.7%|
|Nissan North America||123,154||118,436||4.0%||105,734||16.5%|
The crystal ball says Ford, FCA (Fiat Chrysler) and Honda will pick up market share with Ford gaining the most, about 0.82 points. General Motors looks to be the big loser with a loss of 0.41 points. Ford is also projected to rack up the most additional sales, about 26,500 compared to last year.