Preliminary reports estimate the February sales to have dropped 41 percent as the number of vehicles sold in the American market fall for the 16th consecutive month.
Troubled American automotive giants led the decline with General Motors Corp. sales falling 53 percent, followed by a 48-percent slash for sales of Ford Motor Co., and 44 percent for Chrysler LLC.
Japanese carmakers were not spared of the Americans' belt-tightening measures.
Toyota Motor Corp. and Nissan Motor Co. posted a 37 percent sales decline, while Honda Motor Co. shed 28 percent in sales.
Continue reading below ↓