US auto sales up in February despite snowy weather
Source: AP-Excite
By TOM KRISHER and DEE-ANN DURBIN
DETROIT (AP) Freezing temperatures and drifts of snow took a small bite out of U.S. auto sales in February, but most automakers still reported gains thanks to the strong economy.
Toyota led major automakers with a 13.3 percent gain over last February. Others came in below analysts' predictions. Chrysler, General Motors, Honda and Nissan all saw gains of 6 percent or less.
Ford's U.S. sales were down 1.9 percent, as dealers lacked the inventory to meet demand for the new F-150 pickup truck. Volkswagen's sales fell 5.2 percent.
All automakers report U.S. sales on Tuesday. Analysts had predicted an 8 percent increase over a year ago to nearly 1.3 million vehicles, based on the strength of the U.S. economy.
FULL story at link.
In this Dec. 2, 2014 photo, a Chrysler minivan sits under rain at a car lot in San Diego. Major automakers report vehicle sales for February on Tuesday, March 3, 2015. (AP Photo/Gregory Bull)
Read more: http://apnews.excite.com/article/20150303/us--auto_sales-4d8c213650.html