TORONTO– Despite another month stuck in the polar vortex, vehicle sales continued to improve in the month of February in spite of the cold weather that was more conducive to consumers cocooning indoors than crowding car dealerships. Nonetheless, in February overall vehicle sales rose 2.4% compared to February 2013 amidst a rebound of 4.2 points in consumer confidence, according to the Conference Board of Canada. Total vehicle sales in February were 105,693 units, which continued the longstanding trend of also being higher than the historical 5 year average for monthly sales. February’s sales were 7% higher than the historical 5 year average for vehicles sales for February of 98,828.
