Honda was the only large automaker whose U.S. sales increased in February, a month when oil prices rose above $100 a barrel and concerns about a recession rattled consumer confidence, according to figures released on Monday.Sales, when adjusted for one more selling day in 2008, fell by at least 10 percent at all three Detroit […]

Toyota Motor Corp. reported a 2.8% decline in U.S. light vehicle sales, on an unadjusted basis, in February compared with a year ago.
The Japanese automaker’s U.S. sales unit, Toyota Motor Sales, reported sales of 182,169 vehicles, down from 187,330 in the same month last year.
Full Story: Detroit Free Press

Canadian sales of cars and light trucks in February climbed 14.3 per cent from a year ago, according to data compiled by DesRosiers Automotive consultants on Monday, marking a sharp contrast with the slump experienced last month in the United States. Canadian light vehicle sales totalled 110,951 for the month, up from 97,032 in February […]

Two months into the year, this much is clear: The dreary auto sales market predicted for the first half of 2008 is living down to those lousy expectations.
Dogged by the sour U.S. economy that continues teetering on the brink of a recession, most major automakers posted a sales decline in February.
Overall, U.S. light vehicle sales […]

U.S. automakers expect 2008 sales to be the lowest since 1998. Even Toyota is losing ground with increasingly strapped U.S. consumers.
Car buyers continued to jam on the brakes in February, slowing their pace of new purchases while continuing to shift from big cars and big trucks to smaller, more fuel-efficient vehicles. Even mighty Toyota Motor […]