According to preliminary estimates, US Light Vehicle (LV) sales grew by 9.2% year-on-year (YoY) in February, to 1.25 million units. The market has now been growing in YoY terms for 19 consecutive months. In February, the YoY position was helped by relatively weak year-ago sales and an additional selling day as compared to February 2023; nevertheless, the month’s performance comfortably exceeded expectations.
