Auto Sales Jump Dramatically Before Tariffs

"The auto industry witnessed a different kind of March madness last month as buyers flocked to dealerships to lock in deals before President Trump's auto tariffs lift prices by thousands of dollars, several carmakers said," according to The New York Times. General Motors reported a 16.7% jump in new vehicle sales compared with the first quarter of 2024, led by incremental gains in sales of new all-electric vehicles as well as notable increases in entry-level crossovers and full-size SUVs.