Car manufacturers report stellar sales before Trump prices that take effect

New York (AP) – Large automobile companies say that sales have increased sharply in March, most of the two -digit reports reported. For some companies, the solid performance last month made it possible to compensate for the start of the slow year.

Car manufacturers sold nearly 1.6 million vehicles in the United States in March, up 13.6%. This brought total sales for the first quarter to more than 3.9 million vehicles, Motorintelligence.com said on Tuesday. Almost all car manufacturers have seen an increase in sales of electric vehicles.

What future months are for car manufacturers are uncertain. President Donald Trump has announced 25% prices on automotive imports that come into force on April 3. The prices should develop at automobile parts applicable in the following weeks, until May 3. The increase in taxes means that car manufacturers could cope with higher costs and a drop in sales, although Trump maintains that prices will lead to a greater opening of factories in the United States.

The automotive industry analyst Sam Abuelsamid, at Telemetry Insight, said that March figures would be higher due to certain news before the taxation of prices, although pre-purchase has probably been “limited to a certain measure by affordability and the continuation of high interest rates”.

Here is an overview of the latest results:

General Motors

– US overall sales increased by 17% in the first quarter on solid sales of microphones and full -scale SUVs.

– Chevrolet sales have increased by 14% during the quarter, making it the best quarter of the brand since 2019.

– GMC sales increased by 18% for the best quarter of the brand, with sales of almost tripled electric vehicles.

Ford engine

– Total sales increased by 10% in March, because high sales of the F-150 van and electric vehicles have contributed to compensating for a drop in SUV sales.

– Total sales dropped by 1% for the first quarter due to less sales to car rental companies and the stop of two models.

– Sales of electric and hybrid vehicles have increased and represented around 15% of total sales for the first quarter.

Toyota

– American sales of Toyota Motor North America increased by 7.7% in March.

– Sales of electric vehicles increased by 44.1% in March and represented almost half of the overall sales volume for the month.

– Total sales of Toyota Motor North America increased by 0.9% in the first quarter.

Honda

– Total sales for American Honda increased by 13.2% in March while the company’s light trucks won their best sales.

– Sales of electrified vehicles jumped 89.1% in March and represented nearly a third of all vehicle sales.

– Total sales increased by 5.3% in the first quarter, as an increase in truck sales compensated for a drop in car sales.

Nissan

– Total sales increased by 5.7% in the first quarter, stimulated by gains for the Sentra sedan and the compact kicks crossover.