DETROIT (WWJ) – Car and truck sales posted solid gains in February, as consumers appeared to ignore higher gasoline prices, and the loud debate from Washington over budget cuts.
“I think we’re starting to step on the gas for 2013,” said analyst Jeff Schuster of LMC Automotive.
Schuster says another month with an annual sales rate around $15.5 million, is a good sign that consumers are not letting budget jitters keep them out of showrooms.
“Frankly I think consumers are fed up with some of the antics going on on both sides of the fence in Washington,” he said. “They appear to be going about their business and buying cars.”