US first-quarter auto sales get a lift from looming Trump tariffs
General Motors (NYSE:GM) topped the list with a 17% jump in sales, aided by demand for its affordable crossover SUVs, such as the Chevrolet Trax, manufactured in South Korea.Meanwhile, first-quarter electric vehicle sales rose 19.2%, according to Wards Intelligence, even as Tesla (NASDAQ:TSLA) is expected to report a decline in deliveries amid weakening demand for its aging lineup and a growing backlash against CEO Elon Musks politics.
