With February wrapping up, Kelley Blue Book has disclosed a sales projection for what the end of the month will look like. The forecast predicts 1,050,000 units for the month, which is a 6.4 percent gain from February 2011. The forecast also lifts the Seasonally Adjusted Annualized Rate (SAAR) to 13.8 million units for the American market.
Additionally, KBB predicts that every major automaker will see significant sales gains. Except for General Motors, predicting a 5.8 percent decrease in sales. To note, KBB was accurate on its January forecast as well, where GM’s sales dipped just over 6 percent. However, KBB still predicts that the company will move about 195,000 units through the month, which is 30,000 more than the nearest competitor, which in this case would be Ford.