Ford and GM report big sales boosts as Trump's tariffs threaten to raise prices and hit their profits

Ford and GM report big sales boosts as Trump's tariffs threaten to raise prices and hit their profits

Both Detroit automakers reported upbeat Q1 sales as customers rushed to grab deals before the Trump's 25% tariffs on imported vehicles hit.

Business Insider

Tom Carter

Ford said retail sales had risen 5% in Q1, driven by a 19% boost in March.FREDERIC J. BROWN/AFP via Getty Images