Total sales of light vehicles were little changed m/m during February (-0.7% y/y) at 17.58 million units (SAAR), according to the Autodata Corporation.

Passenger car sales eased 0.8% (-11.5% y/y) to 6.53 million units. Domestically-made passenger car sales held steady at 4.67 million units (-14.9% y/y) and matched the lowest level since December 2011. Sales of imported passenger cars fell 2.8% (-1.4% y/y) to 1.86 million units.

Light truck sales improved 0.2% (7.1% y/y) to 11.05 million. Domestically-made light truck sales increased 0.6% (6.1% y/y) to 9.28 million units. Imported light truck sales declined 2.1% (+12.7% y/y) to 1.77 million units. Trucks' share of the U.S. vehicle market edged higher to another record of 62.8%, up from 58.3% in February 2016.

Imports share of the U.S. vehicle market declined m/m to 20.6%. Imports share of the passenger car market eased to 28.4% following its January increase to a nearly three-year high. Imports share of the light truck market declined to 16.0%, up from 12.7% during all of 2014.

U.S. vehicle sales figures are published by the Autodata Corporation and can be found in Haver's USECON database.

The Fed's latest Beige Book covering regional economic conditions is available here.