General Motors reports February US sales up 7 percent, sign of continuing industry momentum

Sales led by Chevrolet Silverado numbers

Published On: Mar 01 2013 10:46:14 AM EST
DETROIT -

General Motors' U.S. sales rose 7 percent in February, another sign that U.S. auto sales powered through any consumer uncertainty caused by an uneven economy and possible government spending cuts.

GM says it sold just over 224,000 cars and trucks last month, led by the Chevrolet Silverado pickup truck with a 29 percent increase. GM sold nearly 42,000 Silverados in February as businesses replaced aging trucks.

Other automakers also reported sales increases for the month. Chrysler was up 4 percent, while Ford rose 9 percent.

Industry analysts expect February U.S. sales to rise about 7 percent for an annual rate of about 15.2 million.

HighlightsFeb. Total SalesTotal Change vs. Feb. 2012Feb. Retail SalesRetail Change vs. Feb. 2012CYTD SalesCYTD vs. 2012CYTD Retail SalesCYTD Retail Sales vs. 2012
Chevrolet158,5414.9%109,1884.1%295,8457.6%201,58210.1%
GMC35,7789.8%31,25713.5%66,59415.7%59,72121.4%
Buick16,15015.2%14,95113.2%29,61322.2%27,36920.4%
Cadillac13,84520.3%12,57112.5%26,96132.0%24,91227.4%
Total GM224,3147.2%167,9677.1%419,01311.1%313,58414.2%

READ: Ford's US sales up 9% in February

READ: Chrysler US sales up 4% in February