Sales
No. 2 Lexus trailed BMW by about 4,500 vehicles.
President Donald Trump sees his tariffs, which started April 3, as a way to encourage more manufacturing in the U.S. But those in the industry say moving manufacturing sites stateside isn’t easy and takes years.
Hyundai and Genesis will evaluate the impact of tariffs on the market and how they will affect consumers.
Mexico’s leadership is playing nice with the Trump administration on tariff negotiations. Mexico hasn’t retaliated against President Donald Trump’s tariffs. Our northern neighbor, Canada, hasn’t been so cordial.
U.S. consumers, spooked by the threat looming tariffs may pose to new-vehicle prices and availability, gave a major lift to retail and overall industry sales in March.
March is traditionally a big month for Tesla, which prioritizes quarterly deliveries. Sales, however, fell sharply in key markets last month, while in the markets where Tesla grew it still lost EV market share.
We believe the auto industry’s best and most effective answer to this is radical transparency, in the form of a detailed notation that explains exactly what impact the administration’s tariffs have on the selling price of each specific vehicle.
Ineos Automotive will finally expand its U.S. product lineup with the spring arrival of the Quartermaster pickup. The startup also plans to spend more on marketing.
Stellantis is contending with lost volume from the Jeep Renegade, the Dodge Challenger and the previous-generation Dodge Charger.
Tesla Inc.’s deliveries from its Shanghai factory fell for the sixth straight month, extending a global sales decline.
