U.S. Vehicle Sales Rise in Q1: A Boost Before Trump Tariffs Kick In? [Yahoo! Finance]
General Motors Company (GM)
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Source: Yahoo! Finance
That's expected to throw the supply chain system into disarray and lead to increased cost of vehicles, resulting in affordability challenges and derailing demand. But in the first three months of 2025, the deliveries were rather strong. They were likely driven by consumers rushing to dealerships to secure a new vehicle ahead of potential tariff-driven price hikes. This was particularly evident from robust sales volumes for the month of March. Cox Automotive estimates March's seasonally adjusted annual rate to be 15.9 million units, suggesting a 0.2 million increase from last year's figure. U.S. legacy automaker General Motors GM sold 693,363 units in the first quarter of 2025, up 17% year over year. It posted double-digit gains across its key brands— Chevrolet (up 13.7%), GMC (up 17.6%), Cadillac (17.8%) and Buick (39.3%). General Motors dominated the U.S. auto industry for the quarter, leading in total, retail and fleet sales. GM's retail sales surged 15%, marking its best first-
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