Market Chatter: US, Canada Auto Sales May Drop by 1.8 Million Units in 2025 Amid Trade War

, MT Newswires -  10:49 AM ET 4/7/2025 Company News

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10:49 AM EDT, 04/07/2025 (MT Newswires) -- Ford Motor ( F ) , General Motors ( GM ) , Stellantis ( STLA ) , and other automakers could be impacted by a potential 1.8 million drop in vehicle sales in North America this year, Reuters reported Monday, citing a forecast from Telemetry.

If current tariffs remain in place through 2035, sales of light-duty vehicles in the US and Canada could be reduced by around 7 million units compared with a scenario of no trade conflicts and strong economic growth, according to the report.

Telemetry also projected global battery electric vehicle sales to reach 40.5 million units in a decade, Reuters said.

Ford, General Motors ( GM ), and Stellantis ( STLA ) did not immediately reply to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 9.18, Change: -0.40, Percent Change: -4.18

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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