At the top of the beneficiaries list, with an increase in sales by a 17 %, the company was found General Motors. The most -bought model of this company was inexpensive SUV crossovers, such as Chevrolet Trax, which the American company produces in South Korea.
Meanwhile, according to Wards Intelligence, the sale of electric vehicles in the first quarter increased by 19.2 percent. And it was not an increase resulting from the sale of Tesla, because it would record a decrease in deliveries due to the weakening demand on the aging line of company products and the growing criticism of President Elon Musk’s policy – says Reuters.
Duties driven sales in the first quarter
Jessica Caldwell, head of the Analysis Department at Edmunds, noticed that the duties on the automotive industry could accelerate the purchases of some vehicles in the first quarter.
Local GM rival, Ford Motor, recorded a decrease in sales by a 1.3 %, mainly due to the cessation of the production of some models and the sale dates of some rental fleets. Toyota Motor’s recorded an increase of about 1%.
Asian manufacturers of Hyundai, Mazda and Honda cars also recorded higher quarterly sales.
According to data published on Tuesday by Wards Intelligence, the sale of new vehicles in the USA, in this quarter, was A total of about 3.91 million pieces, which is an increase of 4.8 percent. compared to last year.
