US auto sales to rise in February despite weather woes, says report

US auto sales are forecast to rise in February, despite weather-related hurdles, as lean inventories provide a boost, industry consultants J.D. Power and LMC Automotive said on Thursday.
 

Retail sales of new vehicles are estimated to reach about 975,600 units in February, a 3.3% increase from a year ago, when adjusted for selling days, the consultancies said.
 

This year, February has two fewer selling days and one less selling weekend than a year ago, which was a leap year. Without the adjustment, sales would decrease 4.6%.
 

"Despite challenges posed by inclement weather in most of the country, retail sales demand