GM's first-quarter U.S. vehicle sales lead industry as automakers braces for tariffs
Publishing timestamp: 2025-04-01 14:20:33
Summary
GM and other automakers reported notable increases in their first-quarter U.S. vehicle sales ahead of President Trump's auto tariffs taking effect. Sales were driven by gains in new EVs and SUVs. Hyundai and Kia also reported double-digit sales gains. The industry is bracing for potential impacts of tariffs on imported vehicles.
Sentiment: NEUTRAL
Tickers: HYUO-GB, F, TM, STLA, HMC, GM,
Keywords: hyundai motor co, donald j. trump, business, stellantis nv, united states, breaking news: business, business news, autos, honda motor co ltd, toyota motor corp, donald trump, tariff, transportation, general motors co, ford motor co,