- Auto sales in the U.S. should snap back in March, according to a new forecast from Kelley Blue Book.
- The research firm expects sales to rise to 1.475M units, up almost 24% from February.
- A modest increase in incentives from automakers will roughly offset gains in average transaction prices, according to KBB.
- March growth forecast by manufacturer: Chrysler (FIATY) +7.2%, Toyota (NYSE:TM) +2.3%, Nissan (OTCPK:NSANY) +1.7%, Ford (NYSE:F) +1.0%, General Motors (NYSE:GM) +0.4%, Honda (NYSE:HMC) +0.0%, Hyundai (OTCPK:HYMLF) -2.1%, Volkswagen (VLKAY) -7.8%.