Ford Bronco at the Ford salon in Richmond, California, March 3, 2025.
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Ford engine On Tuesday, there was a slight decrease in vehicle sales in the first quarter, because the manufacturer of producers and wider industries Car tariffs of President Donald Trump to come into force this week.
Sale of Ford in the first quarter Compared to 1.3% With the same period a year earlier, mainly due to the interruption of Ford Edge SUV last year, which was produced in Canada. This movement was not associated with tariffs. The sale of the vehicle dropped by 94%because the sales manufacturer dealers of other vehicle stocks.
While the overall sales of Ford increased in this quarter a small decrease, the car manufacturer informs about retail sales, which excludes fleet activity, increased by 5% year on year. Ford said that retail sales were powered by a 19% increase in March.
Sales results are ahead of Trump tariffs this week, including 25% of fees for imported vehicles from Thursday. The automotive industry is also waiting for the potential ads Additional “mutual” tariffs This can affect the car manufacturer on Wednesday.
Last week, JD Power forecasts solid sales of the march industry when consumers gathered to dealers to buy a new vehicle to avoid potential price increase due to tariffs.
“The increase in retail sales by 13% of the year is particularly strong, enables consumers to accelerate purchases to avoid potential tariff -related price increases”, Thomas King, President of the Data and Analysis Department at JD Power, he said in a communication. “Although the tariff situation remains both fluid and uncertain, the perspective of the tariff is already beginning to influence the industry.”
The automotive industry forecasts expected a total of vehicle sales in the first quarter by a year by 1% or less, because prices are rising, and car manufacturers regain sales incentives.
This is a developing story. Check additional updates.