Ford reports slight decline in quarterly vehicle sales as industry braces for tariffs
1. Ford's Q1 vehicle sales declined by 1.3% year-over-year. 2. Retail sales increased by 5% due to consumer anticipation of tariffs. 3. Tariffs of 25% on imported vehicles are set to take effect soon. 4. Sales incentives are expected to decrease as prices rise. 5. Consumers accelerated purchases to avoid future price increases.