PREVIEW-UPDATE 1-US auto sales seen losing momentum in Jan

Newswire

What: January U.S. auto sales When: Tuesday, Feb. 1 Consensus forecast: Annual sales rate of 12.5 mln (Revises first paragraph, adds detail on J.D. Power forecast) By Kevin Krolicki and Bernie Woodall DETROIT, Jan 31 (Reuters) - U.S. auto sales lost momentum in the final weeks of January, auto executives and a leading analyst cautioned on Monday, setting the stage for a softer start to 2011 than the industry had expected. J.D. Power, which gathers sales data from almost 9,000 U.S. ...

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