"Ford's overall sales rose to 220,959 units in May from 190,014 units a year ago, helped by discounts and rising demand due to tariff concerns."
"Hyundai reported an 8 percent year-on-year rise in U.S. auto sales to 84,521 vehicles in May, partially driven by consumer fears of impending price hikes."
In May, U.S. auto sales for Ford Motor and Hyundai Motor increased, primarily driven by consumer anxiety regarding potential tariff-related price hikes. Ford's sales rose to 220,959 units, fueled by discounts and successful trade-in deals. Similarly, Hyundai experienced an 8% rise in sales to 84,521 vehicles. While Ford provided discounts to bolster sales, Hyundai did not adjust sticker prices despite tariff worries, emphasizing a strategy focused on market dynamics and consumer demand independent of tariffs.
Read at www.cbc.ca
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