US car sales boosted in Q1 as Trump’s 25% tariffs loom
Amid fear of Trump’s looming 25% auto tariffs and the associated sticker price hikes, US new car sales jumped 4.8% year-over-year (YoY) in the first quarter of 2025 to 3.91 million units, according to data from Wards Intelligence released on 1 April. Notably, electric vehicle (EV) sales rose 19.2%, although domestic market leader Tesla is widely expected to report a notable decline in global deliveries on 2 April.
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Originally posted on: https://www.automotiveworld.com/news/us-car-sales-boosted-in-q1-as-trumps-25-tariffs-loom/