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Latest Business News

U.S. Auto Sales Drop in Early February

Tuesday, February 21, 2006 7:22:42 PM
By DEE-ANN DURBIN

DETROIT (AP) - Sales of new vehicles fell 8 percent overall during the first two weeks in February, but there was some indication General Motors Corp.'s new vehicles and lower prices are attracting buyers, an automotive data firm reported Tuesday.

Honda Motor Co. was the only manufacturer that saw its U.S. vehicle sales climb in the first 12 days of the month, up 4 percent from the same time a year ago, according to the Power Information Network, a division of J.D. Power and Associates.

Honda is benefiting from positive reviews of its revamped Civic as well as growing sales of its Ridgeline pickup, said Tom Libby, the Power Information Network's senior director of industry analysis.


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