US Auto Sales Lose Steam After Tariff-Induced Shopping Spree

US auto sales are losing momentum after a springtime surge fueled by shoppers racing to buy cars before President Donald Trump’s auto tariffs drove up prices.

General Motors Co. said deliveries rose 7.3% in the second quarter, as industrywide demand cooled following a stronger-than-expected April and May. Ford Motor Co.’s second-quarter sales jumped 14%, helped by its employee-pricing-for-everyone discount program, though it saw the pace of growth moderate in June.