UPDATE 1-Ford sees Feb US auto sales near 9 mln annual rate

Newswire

* Ford Q2 North American production down from year earlier * U.S. stimulus impact seen back-ended * Retail sales rate likely took "step down" from Jan '09 By David Bailey DEARBORN, Mich., Feb 27 (Reuters) - Ford Motor Co expects U.S. auto industry sales to drop to about a 9 million unit range on an annualized basis in February as retail demand slipped, the automaker's chief sales analyst said on Friday. U.S. retail sales for the industry likely fell about 40 percent in February from a ...

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