From Yahoo Finance: 2025-06-03 11:27:00

Automakers, including Ford, saw big sales gains in May despite looming auto tariffs. Ford’s sales surged 16.3% to nearly 221K units, with strong performances from trucks and hybrids. SUV sales also recorded significant gains. Ford’s employee pricing plan helped boost sales and market share against GM and Stellantis.

Hyundai and Kia also reported sales increases in May, with Hyundai’s SUVs and Kia’s Telluride, Sportage, minivan, and sedan setting sales records. Hyundai froze prices to counter tariffs, while Kia cut prices on certain models. Despite these gains, tariffs continue to impact profits for automakers.

Ford, Hyundai, and Kia show strong sales in May, with Ford’s employee pricing plan driving sales and market share gains. Hyundai and Kia’s SUVs and other models also performed well, setting sales records. Tariffs remain a challenge for automakers, impacting profits and pricing strategies.

Read more: Ford leads sales gains in May as employee price cuts offset Trump’s tariffs… for now