US EditionUS second-quarter auto sales set to rise, tariffs may drive up prices
- On July 2, 2025, Ford and General Motors announced strong second-quarter sales in the U.S., with Ford delivering 612,095 vehicles and GM selling 746,588.
- The strong sales followed 25% tariffs on imported vehicles implemented in April, which triggered panic buying and inventory-clearing incentives earlier in the quarter.
- Ford’s overall sales rose 14.2%, led by pickups like the F-Series, while its pure electric vehicle sales dropped 31% year over year, contrasting with GM’s 111% EV sales increase.
- GM sold 46,280 electric vehicles in Q2 including 4,508 Hummer SUVs and 17,420 Chevy Equinox EVs, while Ford’s EV sales fell due to weaker F-150 Lightning and E-Transit van demand.
- The tariff-driven sales surge may fade if price hikes take hold, with consumers facing 4% to 8% vehicle price increases and potential subsidy removals, suggesting a cooling auto market.
Insights by Ground AI
Does this summary seem wrong?
64 Articles
64 Articles
All
Left
8
Center
18
Right
9
ZEROSUM "STATE OF THE DEALER": AUTO INDUSTRY "HANGOVER" EXPECTED AS PULL-AHEAD SALES SLOW; MOST NEW VEHICLE MODEL PRICES RISE AS TARIFFS START TO MAKE AN IMPACT
GRAND RAPIDS, Mich., July 2, 2025 /PRNewswire/ -- After nearly three months of robust sales due to tariff-related pull-ahead demand, the auto industry likely faces a "hangover" as prices rise and new vehicle sales remain flat. As a result, dealers…
Ford, GM Notch Sales Surge as Detroit Braces for Slump
Shares in two of Detroit’s Big Three automakers went into overdrive Tuesday as Ford and General Motors reported surging sales in the second quarter. New overall market data, however, suggests the windfall — felt by other automakers as well —was fueled largely by panic buyers trying to get ahead of tariffs. The concern now is that the second half of 2025 will be like driving a compact sedan down the Rubicon Trail. Panic at the Showroom The auto i…
Coverage Details
Total News Sources64
Leaning Left8Leaning Right9Center18Last UpdatedBias Distribution51% Center
Bias Distribution
- 51% of the sources are Center
51% Center
L 23%
C 51%
R 26%
Factuality
To view factuality data please Upgrade to Premium
