Analysis: Tariffs driving spike in Q1 sales

First-quarter sales reports are flowing in and it is evident light-vehicle sales are running at a blistering pace. But it's not clear whether the surge is being driven by the impending Trump Admin. 25% tariffs on vehicles imported from Mexico and Canada or a slew of other factors. Data points to a big jump in the seasonally adjusted annual rate of sales for March, no doubt driven by the tariff talk, says Haig Stoddard, principal analyst–Forecasts, Wards Intelligence.