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U.S. auto sales slow in June despite strong Q2 results from GM and Ford

Summary by CBT Automotive Network
U.S. light-vehicle retail sales slowed significantly in June after substantial gains earlier in the spring, when consumers rushed to buy before a 25% tariff on imports took effect. Mixed second-quarter results reflect this shift, with General Motors, Ford, and Toyota reporting solid volume increases, while import-reliant brands such as Audi, VW, Mazda, and Mitsubishi saw declines. The combined effects of higher prices, economic uncertainty, risi…
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CBT Automotive Network broke the news in on Wednesday, July 2, 2025.
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