Chevrolet Silverado pickup trucks are seen on a dealer's lot in Troy, Mich., Monday, Dec. 17, 2012. General Motors is offering generous deals to clear a growing inventory of Chevy and GMC pickup trucks. Itís matching or beating deals offered by Ford and Chrysler. That, plus low interest rates, sweet lease deals and abundant financing, is good news for truck buyers. (AP Photo/Carlos Osorio)
News Summary: US auto sales power ahead
Published: 10:43:08 PM, Fri 01 March 2013 UTC
FEBRUARY SALES: U.S. auto sales rose 4 percent in February even as buyers were hit with higher taxes, rising gas prices and political dysfunction in Washington. The pace has slowed a bit from last year, but the need to replace aging cars and trucks is still outweighing other concerns.
WHAT'S SELLING: Pickup trucks like the Chevrolet Silverado, Ford F-Series and Toyota Tundra saw double-digit gains in February. That's a sign businesses are getting more confident.
WHAT'S NEXT: Analysts say automatic government budget cuts aren't likely to hurt sales until later this year, if at all.
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