GM, Hyundai sales jump as Trump tariff fears spur car buying

Auto -manufacturers, including General Motors and Hyundai Motor, have reported car sales in the United States, as the threat of high prices from president Donald Trump’s tariff pushed consumers to the galleries.

The company said on Tuesday that GM delivery increased by 17 % in the first quarter, with 15 % profit in retail size. Ford Motor Co. A rise in retail sales, while Toyota Motor Corp reported a slight growth in the first three months of the year.

“The last weekend was the best weekend I saw in a very long time.”

The quarter may eventually end up in the last good in normal life before the industry through a 25 % tariff for passenger cars that enter into force this week. Cars were assembled abroad for about half of cars sales. Even locally made cars often use a large amount of non -American parts, some of which may also be subjected to fees.

Researchers, including Edmunds and Cox Automotive, expected that sizes can get a batch of worried shoppers before high prices.

“The possibility of definitions has already started to influence the industry,” said Thomas King, head of data and analyzes at JD Power in a statement. The results of the March were “especially strong, and enabled it by consumers who are rushing purchases to avoid increasing prices related to tariffs.”

Hyundai has witnessed standard sales in the last and one quarter, backed by two numbers in the demand for TUCSON Small SUV and Elantra Compact Sedan. During the first three months, Hyundai said on Tuesday that it had seen a 10 % profit in deliveries to 203,554 vehicles, backed by a 13 % jump last month.

Sister Brand Kia Corp. By spreading standard sales, as it increased by 11 % from January to March to 198,850 cars. Buyers cut the compact SUVs and the new K4 sedan.

A company spokesman said that GM sales were strong. Detroit’s large car industry gains came from new versions of the Bick App Chevrolet Colorado, which increased by 73 %, while 62 % SUV sales increased by Chevi Traffers.

Toyota sales grew by 7.7 % in March, but less than 1 % in the period of the year. The delivery operations of the Japanese auto industry and Camry Midsize Midsize decreased in the last month and a quarter. A spokesman for the car maker said the two models are the best sellers in Toyota and tight stocks.

Luxurious Lexus brand vehicle sales increased by 5.8 % in March and 14 % in January to March.

Ford witnessed a 5 % quarterly profit in retail sales and jumped 19 % in March alone. But the total size decreased by 1.3 % in the first quarter to 498,480 units, with the exception of heavy trucks. The company said that this was largely due to the decrease in sales of the lease fleet and the stopping of two models.

Honda increased 5 % in the first sales and jumped by 13 % in March via the brand of the same name and luxury vehicles ACURA. CR-V CROSSOOR delivery from the Japanese car maker grew by 9 % in the quarter and 24 % last month.

It is expected that Tesla Inc. In detail the global delivery numbers for the last quarter on Wednesday.

Provisions of customs tariffs

Bloomberg News reported on Monday that representatives of many auto companies in the United States are pressing the Trump administration to exclude some low -cost car components of the planned definitions.

Although it is not clear how new costs will be distributed between car manufacturers, suppliers and car buyers, it is expected that prices will increase significantly. A recent study by Anderson Economic Group found that the customs tariff can increase the cost of building vehicles by up to $ 12,000. This can make some unprecedented models in the United States, especially at the bottom of the market.

Small Trax Small SUV sales of South Korea Cheve 57 % increased. This car faces a 25 % tariff starting from April 3.

GM’s Electric Hourks has doubled in a quarter, led by the Mexican and Exhinox EVS. These models will strike the definitions on the content of non -American parts if Trump holds his original plan.

Traders have seen an increase in demand from potential buyers. Chevrolet dealer Duan Baddoc said that General Motors sent a large amount of unusually inventory to meet the benefit of the buyer.

American agents sit on about 60 to 90 days of stock on average, providing them with a pillow against the immediate effects of definitions.

“I created urgency to buy now before the prices increase,” said Ret Riccart, Ford, Chevrolet, Hyundai and other brands in Columbus.

This story was originally shown on Fortune.com

2025-04-01 21:24:00