Ford Sales Dip Slightly Amidst Impending Tariffs
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Ford reported a 1.3% decline in first-quarter US vehicle sales, mainly due to discontinuing the Canadian-made Ford Edge. However, retail sales excluding fleet were up 5% year-over-year, boosted by a 19% March increase. This comes before President Trump's 25% tariffs on imported vehicles take effect, potentially impacting future sales. J.D. Power noted a strong March sales increase as consumers anticipated tariff-related price hikes.
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