GM, Hyundai sales jump as Trump tariff fears spur car buying

Quick Summary:

Dealers have seen a surge in demand from would-be buyers worried about prices.

The past weekend was “by far the best weekend I’ve seen in a very long time,” Randy Parker, the chief executive officer of Hyundai and Genesis in North America, told reporters.“Lots of people rushed in this weekend, especially to try and beat the tariffs.

Deliveries of the Japanese carmaker’s top-selling CR-V crossover grew 9% in the quarter and 24% last month.Tesla Inc.is expected to detail its global delivery numbers for the most recent quarter on Wednesday.

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Article Details

Author / Journalist: David Welch, Keith Naughton, Gabrielle Coppola, Bloomberg

Category: EconomyBusiness

Markets: United StatesJapan

Topics: Hyundai Autos General Motors Ford Motor Toyota

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-01 @ 21:24:44 (1 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 792 words

Reading Time: 5 minutes read

Sentences: 4 lines

Sentence Length: 198 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 27523622

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