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Frigid Cold Hurts US Auto Sales in February

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A car makes its way down a street filled with snowed-in vehicles in Boston's Charlestown section, Wednesday, Jan. 28, 2015 one day after a blizzard dumped about two feet of snow in the city. (AP Photo/Elise Amendola)

A car makes its way down a street filled with snowed-in vehicles in Boston’s Charlestown section, Wednesday, Jan. 28, 2015 one day after a blizzard dumped about two feet of snow in the city. (AP Photo/Elise Amendola)

 

(West Texas News) – Freezing temperatures affected US auto sales in February. But even after considering the impact of cold weather, majority of the automakers have reported gains all thanks to the strong economy.

Toyota was at the top of the gainers list, with a 13.3% gain over last February. Chrysler, General Motors, Honda and Nissan witnessed gains of 5% or less. US sales of Ford were down 1.9% and one of the main reasons for the dip was dealers did not have sufficient inventory to meet demand for the new F-150 pickup truck.

Volkswagen’s sales fell 5.2%. Sales of Jeep Cherokee jumped 19% in February. The forecasting firm LMC Automotive is expecting US sales to top 17 million this year. Experts affirmed that as temperatures increased at the end of the month, some customers came out of hibernation.

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Oakland Post: Week of November 13 – 19, 2024

The printed Weekly Edition of the Oakland Post: Week of November 13 – 19, 2024

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LIVE! — TOWN HALL ON RACISM AND ITS IMPACT — THURS. 11.14.24 5PM PST

Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024, 5 p.m. – 6:30 p.m. PST

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Join us for a LIVE Virtual Town Hall on the Impact of Racism hosted by Post News Group Journalist Carla Thomas and featuring Oakland, CA NAACP President Cynthia Adams & other Special Guests.
Thursday, November 14, 2024
5 p.m. – 6:30 p.m. PST

Discussion Topics:
• Since the pandemic, what battles have the NAACP fought nationally, and how have they impacted us locally?
• What trends are you seeing concerning Racism? Is it more covert or overt?
• What are the top 5 issues resulting from racism in our communities?
• How do racial and other types of discrimination impact local communities?
• What are the most effective ways our community can combat racism and hate?

Your questions and comments will be shared LIVE with the moderators and viewers during the broadcast.

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Oakland Post: Week of November 6 – 12, 2024

The printed Weekly Edition of the Oakland Post: Week of November 6 – 12, 2024

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