U.S. sales of new light duty vehicles slowed “considerably” in June after several months in which Americans rushed to lock in pre-tariff prices, according to the latest reports from Automotive News. +
The Presidio Group’s latest survey names Toyota the most desirable franchise and finds U.S. dealers remain upbeat about profitability and values despite growing concerns over tariffs. +
Prices for new Toyotas sold in the U.S. will increase by an average of $270 in July — but not because of the Trump administration’s new 25% tariff on imported vehicles, a spokesperson tells Reuters. +
A memo sent to Mitsubishi dealers and reviewed by Reuters indicates the Tokyo-based factory will raise prices of new units sold in the United States by an average of 2.1% in response to new tariffs. +
Automotive News reports new vehicle sales improved for Ford, Hyundai and Kia and fell by double digits for Mazda in May, dropping the SAAR below 16 million as factories scaled back incentives. +
Subaru will raise prices on nearly every U.S.-sold model starting in June, according to Motor1 and other sources, citing “market conditions” without specifically mentioning new tariffs. +
All seven manufacturers and 11 brands reporting new vehicle sales to Automotive News enjoyed year-over-year increases as Americans took advantage of incentives and rushed to beat expected price hikes. +
Kelley Blue Book reports U.S. sales of new EVs increased by 10% in the first quarter, led in part by 30,000 units moved by General Motors dealers, while sales of market leader Tesla slipped. +
U.S. new-vehicle sales reported to Automotive News showed multiple double-digit gains and few losses in March as new tariffs set to go into effect starting April 3 are expected to raise prices. +
J.D. Power’s latest survey of dealership service customers ranks Porsche and Subaru first among premium and mass market brands but finds 12% of all repairs fell short on the first attempt. +
